TGS (OB:TGS) - Stock Price, News & Analysis

TGS Stock Overview

Provides geoscience data services to the oil and gas industry worldwide.

TGS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	0/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 77.1% below our estimate of its fair value

Earnings are forecast to grow 68.25% per year

Risk Analysis

Dividend of 5.87% is not well covered by earnings or free cash flows

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Profit margins (3.3%) are lower than last year (7.5%)

TGS ASA Competitors

Aker Solutions

OB:AKSO

NOK 19.5b

DOF Group

OB:DOFG

NOK 15.9b

Subsea 7

OB:SUBC

NOK 54.0b

Sea1 Offshore

OB:SEA1

NOK 4.4b

Price History & Performance

Summary of all time highs, changes and price drops for TGS
Historical stock prices
Current Share Price	NOK 100.70
52 Week High	NOK 157.00
52 Week Low	NOK 94.30
Beta	1.01
11 Month Change	-24.00%
3 Month Change	-21.45%
1 Year Change	-30.93%
33 Year Change	8.51%
5 Year Change	-54.31%
Change since IPO	368.37%

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

Sep 25

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

Aug 31

Recent updates

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

Sep 25

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

Aug 31

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

Jul 25

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

Jul 23

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

Shareholder Returns

	TGS	NO Energy Services	NO Market
7D	-5.2%	-1.4%	0.2%
1Y	-30.9%	-2.2%	-0.5%

Return vs Industry: TGS underperformed the Norwegian Energy Services industry which returned -2.2% over the past year.

Return vs Market: TGS underperformed the Norwegian Market which returned -0.5% over the past year.

Price Volatility

Is TGS's price volatile compared to industry and market?
TGS volatility
TGS Average Weekly Movement	5.2%
Energy Services Industry Average Movement	5.8%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	11.3%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: TGS's share price has been volatile over the past 3 months.

Volatility Over Time: TGS's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	873	Kristian Johansen	www.tgs.com

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing.

TGS ASA Fundamentals Summary

How do TGS's earnings and revenue compare to its market cap?
TGS fundamental statistics
Market cap	NOK 19.75b
Earnings (TTM)	NOK 279.07m
Revenue (TTM)	NOK 8.35b

70.8x

P/E Ratio

2.4x

P/S Ratio

Is TGS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGS income statement (TTM)
Revenue	US$791.23m
Cost of Revenue	US$173.00m
Gross Profit	US$618.22m
Other Expenses	US$591.78m
Earnings	US$26.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 24, 2024

Earnings per share (EPS)	0.13
Gross Margin	78.13%
Net Profit Margin	3.34%
Debt/Equity Ratio	4.6%

How did TGS perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

275%

Payout Ratio

TGS Stock Overview

Rewards

Risk Analysis

TGS ASA Competitors

OB:AKSO

NOK 19.5b

OB:DOFG

NOK 15.9b

OB:SUBC

NOK 54.0b

OB:SEA1

NOK 4.4b

Price History & Performance

Recent News & Updates

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

Consensus revenue estimates increase by 11%

High number of new directors

Investor sentiment deteriorates as stock falls 17%

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

TGS ASA Expands Exploration Efforts in Brazil with Launch of Pama 3D Phase 1 Survey

Recent updates

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

Consensus revenue estimates increase by 11%

High number of new directors

Investor sentiment deteriorates as stock falls 17%

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

TGS ASA Expands Exploration Efforts in Brazil with Launch of Pama 3D Phase 1 Survey

TGS Launches New Seismic Survey in Seram Basin, Indonesia

Consensus revenue estimates increase by 46%

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

Second quarter dividend of kr1.51 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

TGS ASA Approves to Distribute Third Quarter Dividend of 2024, Payable on 8 August 2024

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

TGS ASA Provides Revenue Guidance for the Second Quarter 2024

TGS ASA (OB:TGS) completed the acquisition of PGS ASA (OB:PGS).

New major risk - Shareholder dilution

TGS ASA Announces New Multi-Client Onshore 3D Seismic Survey in the Appalachian Basin

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

First quarter dividend of kr1.52 announced

First quarter 2024 earnings released: US$0.13 loss per share (vs US$0.07 loss in 1Q 2023)

TGS ASA Approves to Distribute Second Quarter Dividend of 2024, Payable on 3 June 2024

TGS Launches Multi-Client Wind and Metocean Measurement Campaign Offshore Germany

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