TGS Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

OB:TGS Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
24 Jan 24	BuyNOK 3,639,650	Svein Oygard	Individual		35,000	NOK 103.99
10 Jan 24	BuyNOK 493,245	Kristian Johansen	Individual		4,500	NOK 109.61

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TGS?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,021,369	1.03%
Private Companies	3,976,230	2.03%
Sovereign Wealth Funds	13,551,325	6.91%
Institutions	75,039,763	38.2%
General Public	101,624,359	51.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 49.9%.

Top Shareholders

Top 25 shareholders own 42.57% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.91%	Folketrygdfondet	13,551,325	NOK 1.5b	0%	0.82%
4.86%	DNB Asset Management AS	9,543,316	NOK 1.0b	43.6%	0.31%
3.77%	The Vanguard Group, Inc.	7,396,944	NOK 812.9m	0.27%	no data
3.76%	FMR LLC	7,370,281	NOK 810.0m	-1.3%	no data
3.09%	T. Rowe Price Group, Inc.	6,070,764	NOK 667.2m	0%	0.01%
2.66%	Pareto Asset Management AS	5,219,695	NOK 573.6m	0%	3.2%
1.99%	Fidelity International Ltd	3,895,089	NOK 428.1m	0%	0.02%
1.7%	Dimensional Fund Advisors LP	3,338,174	NOK 366.9m	0.03%	no data
1.68%	KLP Kapitalforvaltning AS	3,294,426	NOK 362.1m	0.54%	0.12%
1.38%	BlackRock, Inc.	2,714,563	NOK 298.3m	4.51%	no data
1.02%	AAT Invest AS	2,000,000	NOK 219.8m	0%	no data
1.01%	ODIN Forvaltning AS	1,985,555	NOK 218.2m	0%	0.69%
0.99%	Vevlen Gård AS	1,950,000	NOK 214.3m	0%	no data
0.87%	Holberg Fondsforvaltning AS	1,700,000	NOK 186.8m	0%	2.74%
0.8%	Joh. Berenberg, Gossler & Co. KG, Asset Management Arm	1,567,846	NOK 172.3m	0%	0.54%
0.79%	American Century Investment Management Inc	1,549,422	NOK 170.3m	0.63%	0.01%
0.78%	Columbia Management Investment Advisers, LLC	1,528,149	NOK 167.9m	2.64%	no data
0.73%	Beutel Goodman & Company Ltd.	1,437,272	NOK 158.0m	-1.55%	0.06%
0.69%	Henry Hamilton	1,352,400	NOK 148.6m	0%	no data
0.65%	LOYS AG	1,273,413	NOK 139.9m	0%	2.26%
0.54%	UBS Asset Management AG	1,058,815	NOK 116.4m	0.78%	no data
0.53%	Foord Asset Management Guernsey Ltd	1,045,653	NOK 114.9m	0%	0.73%
0.47%	Equinor Asset Management ASA	915,823	NOK 100.6m	0%	0.28%
0.45%	Deutsche Asset & Wealth Management	884,587	NOK 97.2m	0%	no data
0.45%	Arctic Asset Management AS	884,566	NOK 97.2m	0%	0.71%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 08:44
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

TGS ASA is covered by 34 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.

Analyst	Institution
John A. Olaisen	ABG Sundal Collier
Iver Baatvik	ABN AMRO Bank N.V.
Christian Yggeseth	Arctic Securities ASA