TGS ASA

OB:TGS Stock Report

Market Cap: NOK 14.5b

TGS Management

Management criteria checks 1/4

TGS' CEO is Kristian Johansen, appointed in Mar 2016, has a tenure of 9.08 years. total yearly compensation is $1.72M, comprised of 44.9% salary and 55.1% bonuses, including company stock and options. directly owns 0.095% of the company’s shares, worth NOK13.79M. The average tenure of the management team and the board of directors is 1.3 years and 1.9 years respectively.

Key information

Kristian Johansen

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage44.9%
CEO tenure9.1yrs
CEO ownership0.09%
Management average tenure1.3yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

TGS ASA's (OB:TGS) Share Price Is Still Matching Investor Opinion Despite 25% Slump

Apr 10
TGS ASA's (OB:TGS) Share Price Is Still Matching Investor Opinion Despite 25% Slump
author-image

Expansion Into California And Ireland Will Position Us For Future Participation In New Energy Sectors

Mar 11 Successful merger and refinancing efforts are expected to enhance net margins and reduce financial costs, boosting potential net earnings.

TGS (OB:TGS) Is Paying Out A Larger Dividend Than Last Year

Feb 23
TGS (OB:TGS) Is Paying Out A Larger Dividend Than Last Year

Does TGS (OB:TGS) Have A Healthy Balance Sheet?

Feb 15
Does TGS (OB:TGS) Have A Healthy Balance Sheet?

Getting In Cheap On TGS ASA (OB:TGS) Might Be Difficult

Dec 28
Getting In Cheap On TGS ASA (OB:TGS) Might Be Difficult

We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Nov 02
We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings

Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts

Oct 27
Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
author-image

Best vs worst case scenarios

Oct 17In the most optimistic scenario, TGS capitalizes on its merger with PGS, leveraging the cost synergies of over $50 million annually​. This creates a significant financial buffer, allowing the company

Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge

Sep 27
Why We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge

Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher

Sep 25
Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher

These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well

Aug 31
These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well

New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)

Jul 25
New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)

Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

Jul 23
Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates

Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S

Jul 15
Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S

Is TGS ASA (OB:TGS) Trading At A 28% Discount?

May 26
Is TGS ASA (OB:TGS) Trading At A 28% Discount?

There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

Apr 11
There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump

TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Feb 22
TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear

Estimating The Fair Value Of TGS ASA (OB:TGS)

Dec 15
Estimating The Fair Value Of TGS ASA (OB:TGS)

Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?

Sep 16
Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?

TGS (OB:TGS) Seems To Use Debt Quite Sensibly

Jul 11
TGS (OB:TGS) Seems To Use Debt Quite Sensibly

Is TGS ASA (OB:TGS) Trading At A 35% Discount?

Jun 01
Is TGS ASA (OB:TGS) Trading At A 35% Discount?

CEO Compensation Analysis

How has Kristian Johansen's remuneration changed compared to TGS's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$2mUS$772k

US$94m

Sep 30 2024n/an/a

US$47m

Jun 30 2024n/an/a

US$26m

Mar 31 2024n/an/a

US$14m

Dec 31 2023US$2mUS$747k

US$22m

Sep 30 2023n/an/a

US$74m

Jun 30 2023n/an/a

US$55m

Mar 31 2023n/an/a

US$58m

Dec 31 2022US$2mUS$587k

US$88m

Sep 30 2022n/an/a

-US$32m

Jun 30 2022n/an/a

-US$27m

Mar 31 2022n/an/a

-US$68m

Dec 31 2021US$1mUS$564k

-US$76m

Sep 30 2021n/an/a

US$12m

Jun 30 2021n/an/a

-US$62m

Mar 31 2021n/an/a

-US$124m

Dec 31 2020US$2mUS$532k

-US$167m

Sep 30 2020n/an/a

-US$108m

Jun 30 2020n/an/a

US$2m

Mar 31 2020n/an/a

US$79m

Dec 31 2019US$3mUS$571k

US$113m

Sep 30 2019n/an/a

US$168m

Jun 30 2019n/an/a

US$161m

Mar 31 2019n/an/a

US$186m

Dec 31 2018US$2mUS$558k

US$179m

Compensation vs Market: Kristian's total compensation ($USD1.72M) is above average for companies of similar size in the Norwegian market ($USD858.58K).

Compensation vs Earnings: Kristian's compensation has been consistent with company performance over the past year.

CEO

Kristian Johansen (53 yo)

9.1yrs

Tenure

US$1,720,000

Compensation

Mr. Kristian Kuvaas Johansen serves as Independent Director at International Seaways, Inc. from June 12, 2024. He serves as Independent Director at Valaris Limited from June 7, 2023. He has been the Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Kristian Johansen
Chief Executive Officer9.1yrsUS$1.72m0.095%
NOK 13.8m
Sven Larsen
Chief Financial Officer3.7yrsUS$635.00k0.030%
NOK 4.4m
Carel Hooijkaas
Executive Vice President of Operationsless than a yearUS$723.00k0.026%
NOK 3.8m
Wadii Karkouri
Executive Vice President of Imaging & Technology1.3yrsUS$833.57kno data
Tana Pool
Executive VP of Legal & General Counsel12.3yrsUS$678.00k0.030%
NOK 4.3m
Whitney Eaton
Executive Vice President of Sustainability & Communication1.3yrsUS$540.00k0.0051%
NOK 738.6k
Kristin Omreng
Executive Vice President of People & Culture1.3yrsUS$231.00kno data
David Hajovsky
Executive Vice President of Multi-Client4.1yrsUS$681.00k0.012%
NOK 1.7m
Nathan Oliver
Executive Vice President of Contract1.3yrsUS$1.06mno data
Will Ashby
Executive Vice President of New Energy Solutionsless than a yearUS$583.00k0.032%
NOK 4.6m
Scott Michell
Senior VP of Imaging5.3yrsno datano data
Jaclyn Townsend
Director of Corporate Marketingno datano datano data

1.3yrs

Average Tenure

53yo

Average Age

Experienced Management: TGS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Anne Dalane
Independent Director1.3yrsUS$20.00k0.0036%
NOK 517.6k
Christopher Finlayson
Chairman of the Board5.9yrsUS$100.00k0.019%
NOK 2.8m
Trond Brandsrud
Independent Director1.3yrsUS$20.00k0.0049%
NOK 705.2k
Luis Antonio Araujo
Independent Director1.9yrsUS$39.00k0.0054%
NOK 789.5k
Svein Oygard
Independent Director3.9yrsUS$39.00k0.034%
NOK 5.0m
Maurice Nessim
Independent Director1.9yrsUS$39.00k0.0019%
NOK 270.4k
Bettina Bachmann
Independent Director1.9yrsUS$42.00k0.0029%
NOK 428.9k
Emeliana Rice-Oxley
Independent Director1.3yrsUS$20.00k0.0010%
NOK 148.3k

1.9yrs

Average Tenure

65yo

Average Age

Experienced Board: TGS's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 03:29
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TGS ASA is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Iver BaatvikABN AMRO Bank N.V.
Christian YggesethArctic Securities ASA