TGS Management

Management criteria checks 2/4

TGS' CEO is Kristian Johansen, appointed in Mar 2016, has a tenure of 8.08 years. total yearly compensation is $1.65M, comprised of 45.4% salary and 54.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth NOK22.87M. The average tenure of the management team and the board of directors is 3.7 years and 2.9 years respectively.

Key information

Kristian Johansen

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage	45.4%
CEO tenure	8.1yrs
CEO ownership	0.1%
Management average tenure	3.7yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 12

New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Feb 09

Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

Jan 11

TGS (OB:TGS) Is Increasing Its Dividend To $1.48

Oct 30

Analysts Just Shipped A Substantial Upgrade To Their TGS ASA (OB:TGS) Estimates

Oct 12

Analyst Forecasts For TGS ASA (OB:TGS) Are Surging Higher

Aug 12

Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic

Jul 26

Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic

Jun 17

An Intrinsic Calculation For TGS ASA (OB:TGS) Suggests It's 32% Undervalued

Apr 28

CEO Compensation Analysis

How has Kristian Johansen's remuneration changed compared to TGS's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$2m	US$747k	US$22m
Sep 30 2023	n/a	n/a	US$74m
Jun 30 2023	n/a	n/a	US$55m
Mar 31 2023	n/a	n/a	US$58m
Dec 31 2022	US$2m	US$587k	US$88m
Sep 30 2022	n/a	n/a	-US$32m
Jun 30 2022	n/a	n/a	-US$27m
Mar 31 2022	n/a	n/a	-US$68m
Dec 31 2021	US$1m	US$564k	-US$76m
Sep 30 2021	n/a	n/a	US$12m
Jun 30 2021	n/a	n/a	-US$62m
Mar 31 2021	n/a	n/a	-US$124m
Dec 31 2020	US$2m	US$532k	-US$167m
Sep 30 2020	n/a	n/a	-US$108m
Jun 30 2020	n/a	n/a	US$2m
Mar 31 2020	n/a	n/a	US$79m
Dec 31 2019	US$3m	US$571k	US$113m
Sep 30 2019	n/a	n/a	US$168m
Jun 30 2019	n/a	n/a	US$161m
Mar 31 2019	n/a	n/a	US$186m
Dec 31 2018	US$2m	US$558k	US$179m
Sep 30 2018	n/a	n/a	US$109m
Jun 30 2018	n/a	n/a	US$85m
Mar 31 2018	n/a	n/a	US$71m
Dec 31 2017	US$2m	US$528k	US$76m

Compensation vs Market: Kristian's total compensation ($USD1.65M) is above average for companies of similar size in the Norwegian market ($USD870.03K).

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

CEO

Kristian Johansen (52 yo)

8.1yrs

Tenure

US$1,646,000

Compensation

Mr. Kristian Kuvaas Johansen serves as Independent Director at Valaris Limited from June 7, 2023. He has been the Chief Executive Officer of TGS ASA (formerly known as TGS-NOPEC Geophysical Company ASA) si...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kristian Johansen	Chief Executive Officer	8.1yrs	US$1.65m	0.13% $ 22.9m
Sven Larsen	Chief Financial Officer	2.7yrs	US$585.00k	0.042% $ 7.2m
Tana Pool	Executive VP of Legal & General Counsel	11.3yrs	US$654.00k	0.041% $ 7.0m
Whitney Eaton	Executive Vice President of People & Sustainability	no data	US$452.00k	0.0042% $ 721.8k
Will Ashby	Chief Integration Officer	5.3yrs	US$583.00k	0.042% $ 7.2m
Jan Schoolmeesters	Executive Vice President of Digital Energy Solutions	no data	US$641.00k	0.043% $ 7.3m
David Hajovsky	Executive Vice President of Multi-Client	3.1yrs	US$571.00k	0.014% $ 2.3m
Carel Hooijkaas	Executive Vice President of Acquisition	1.3yrs	US$892.00k	0.025% $ 4.3m
Wadii Karkouri	Executive Vice President of Imaging & Technology	less than a year	no data	no data
Scott Michell	Senior VP of Imaging	4.3yrs	no data	no data
Jaclyn Townsend	Director of Corporate Marketing	no data	no data	no data

3.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: TGS's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Christopher Finlayson	Chairman of the Board	4.9yrs	US$174.00k	0.011% $ 1.8m
Luis Antonio Araujo	Independent Director	less than a year	US$41.00k	no data
Svein Oygard	Independent Director	2.9yrs	US$58.00k	0.050% $ 8.5m
Maurice Nessim	Independent Director	less than a year	US$41.00k	no data
Bettina Bachmann	Independent Director	less than a year	US$41.00k	no data
Irene Egset	Independent Director	4.9yrs	US$64.00k	no data
Grethe Moen	Independent Director	2.9yrs	US$58.00k	no data

2.9yrs

Average Tenure

64yo

Average Age

Experienced Board: TGS's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

TGS Management

Management criteria checks 2/4

Key information

Recent management updates

Independent Director recently bought kr3.6m worth of stock

Chief Executive Officer recently bought kr493k worth of stock

Chairman of the Board recently bought kr1.1m worth of stock

Independent Director recently bought kr2.2m worth of stock

High number of new directors

High number of new directors

Recent updates

Now 20% undervalued

Full year 2023 earnings: EPS and revenues miss analyst expectations

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

TGS ASA Provides Revenue Guidance for the First Quarter of 2024

TGS Announces Commencement of Penyu Basin Multi-Client 3D Seismic Offshore Peninsular Malaysia

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

Fourth quarter dividend of kr1.47 announced

New minor risk - Earnings quality

Full year 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Approves to Distribute First Quarter Dividend of 2024, Payable on 7 March 2024

Independent Director recently bought kr3.6m worth of stock

Now 21% undervalued after recent price drop

Chief Executive Officer recently bought kr493k worth of stock

Consensus revenue estimates fall by 11%

Now 28% undervalued after recent price drop

TGS ASA Provides Revenue Guidance for Fourth Quarter 2023

TGS ASA to Report First Half, 2024 Results on Jul 18, 2024

Chairman of the Board recently bought kr1.1m worth of stock

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

Now 23% undervalued after recent price drop

Independent Director recently bought kr2.2m worth of stock

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Resolves to Distribute A Quarterly Dividend, Payable on 16 November 2023

TGS Enterprise Asset Management Software for Utility-Size Solar Now Available in the U.S

TGS ASA Provides Revenue Guidance for the Third Quarter of 2023

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

TGS ASA (OB:TGS) agreed the principal terms to acquire PGS ASA (OB:PGS) NOK 9.3 billion.

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

PGS, TGS and CGG Introduce New Tiered Offerings for Versal - the World's First MultiClient Data Ecosystem

TGS Asa Resolves to Distribute A Quarterly Dividend, Payable on 10 August 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

TGS ASA Provides Revenue Guidance for the Second Quarter of 2023

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

Consensus EPS estimates fall by 10%

High number of new directors

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

Consensus EPS estimates fall by 14%

Upcoming dividend of kr1.48 per share at 3.6% yield

TGS ASA Announces to Distribute A Quarterly Dividend for Second Quarter of 2023, Payment Date: 5 June 2023

Now 21% undervalued

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 21%, revenue downgraded

Investor sentiment improves as stock rises 15%

Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly

Consensus EPS estimates increase by 23%

TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

TGS ASA Announces Quarterly Dividend, Payable on 2 March 2023

New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)

Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?

TGS ASA Provides Revenue Guidance for the Fourth Quarter of 2022

CGG and TGS Announce Foz do Amazonas Phase II 3D Multi-Client Survey Offshore Brazil

TGS ASA (OB:TGS) completed the acquisition of 21.97% stake in Magseis Fairfield ASA (OB:MSEIS) for NOK8.08 per share.

TGS ASA to Report Q1, 2023 Results on May 11, 2023

TGS ASA Commences 3D Reprocessing Project Offshore Uruguay

Third quarter 2022 earnings: EPS misses analyst expectations

TGS (OB:TGS) Is Increasing Its Dividend To $1.48

TGS ASA to Distribute A Quarterly Dividend, Payment Date: 17 November 2022

Analysts Just Shipped A Substantial Upgrade To Their TGS ASA (OB:TGS) Estimates

TGS Provides Revenue Guidance for the Third Quarter of 2022

TGS ASA (OB:TGS) completed the acquisition of Magseis Fairfield ASA (OB : MSEIS) from Fairfield Ms LLC, members of the Magseis Board and management and others.

TGS ASA to Enhance Data-Driven Solutions for the Global Wind Industry Alongside New, Cost-Effective Subscription Package for Wind Axiom

TGS ASA Announces New 3D Seismic Survey Close to Dorado and Pavo Discoveries in North-West Australia

TGS ASA (OB:TGS) completed the acquisition of Certain Assets of ION Geophysical Corporation (OTCPK:IOGP.Q).

Analyst Forecasts For TGS ASA (OB:TGS) Are Surging Higher

Now 20% undervalued after recent price drop

Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations