Torsdag 31 Oktober | 11:07:15 Europe / Stockholm

TGS

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2024-10-31 - X-dag kvartalsutdelning TGS 1.53
2024-10-24 - Kvartalsrapport 2024-Q3
2024-07-25 - Extra Bolagsstämma 2024
2024-07-25 - X-dag kvartalsutdelning TGS 1.51
2024-07-18 - Kvartalsrapport 2024-Q2
2024-06-28 - Årsstämma
2024-05-16 - X-dag kvartalsutdelning TGS 1.52
2024-05-08 - Kvartalsrapport 2024-Q1
2024-02-22 - X-dag kvartalsutdelning TGS 1.47
2024-02-15 - Bokslutskommuniké 2023
2023-12-01 - Extra Bolagsstämma 2023
2023-11-02 - X-dag kvartalsutdelning TGS 1.56
2023-10-26 - Kvartalsrapport 2023-Q3
2023-07-27 - X-dag kvartalsutdelning TGS 1.41
2023-07-20 - Kvartalsrapport 2023-Q2
2023-05-22 - X-dag kvartalsutdelning TGS 1.48
2023-05-11 - Kvartalsrapport 2023-Q1
2023-05-10 - Årsstämma
2023-02-16 - X-dag kvartalsutdelning TGS 1.46
2023-02-09 - Bokslutskommuniké 2022
2022-11-03 - X-dag kvartalsutdelning TGS 1.48
2022-10-27 - Kvartalsrapport 2022-Q3
2022-07-28 - X-dag kvartalsutdelning TGS 1.39
2022-07-21 - Kvartalsrapport 2022-Q2
2022-05-19 - X-dag kvartalsutdelning TGS 1.36
2022-05-12 - Kvartalsrapport 2022-Q1
2022-05-11 - Årsstämma
2022-02-17 - X-dag kvartalsutdelning TGS 1.24
2022-02-10 - Bokslutskommuniké 2021
2021-11-04 - X-dag kvartalsutdelning TGS 1.17
2021-10-28 - Kvartalsrapport 2021-Q3
2021-07-29 - X-dag kvartalsutdelning TGS 1.25
2021-07-22 - Kvartalsrapport 2021-Q2
2021-05-19 - X-dag kvartalsutdelning TGS 1.15
2021-05-12 - Kvartalsrapport 2021-Q1
2021-05-11 - Årsstämma
2021-02-18 - X-dag kvartalsutdelning TGS 1.18
2021-02-11 - Bokslutskommuniké 2020
2020-11-05 - X-dag kvartalsutdelning TGS 1.17
2020-10-29 - Kvartalsrapport 2020-Q3
2020-07-30 - X-dag kvartalsutdelning TGS 1.14
2020-07-23 - Kvartalsrapport 2020-Q2
2020-05-20 - X-dag kvartalsutdelning TGS 1.27
2020-05-13 - Kvartalsrapport 2020-Q1
2020-05-12 - Årsstämma
2020-02-19 - X-dag kvartalsutdelning TGS 3.47
2020-02-12 - Bokslutskommuniké 2019
2019-11-06 - X-dag kvartalsutdelning TGS 2.49
2019-10-30 - Kvartalsrapport 2019-Q3
2019-08-01 - X-dag kvartalsutdelning TGS 2.34
2019-07-25 - Kvartalsrapport 2019-Q2
2019-05-16 - X-dag kvartalsutdelning TGS 2.36
2019-05-09 - Kvartalsrapport 2019-Q1
2019-05-08 - Årsstämma
2019-02-14 - X-dag kvartalsutdelning TGS 2.3
2019-02-07 - Bokslutskommuniké 2018
2018-11-08 - X-dag kvartalsutdelning TGS 1.62
2018-11-01 - Kvartalsrapport 2018-Q3
2018-08-09 - X-dag kvartalsutdelning TGS 1.62
2018-08-02 - Kvartalsrapport 2018-Q2
2018-05-16 - X-dag kvartalsutdelning TGS 1.62
2018-05-09 - Kvartalsrapport 2018-Q1
2018-05-08 - Årsstämma
2018-02-15 - X-dag kvartalsutdelning TGS 1.57
2018-02-08 - Bokslutskommuniké 2017
2017-11-02 - X-dag kvartalsutdelning TGS 1.2
2017-10-26 - Kvartalsrapport 2017-Q3
2017-08-10 - X-dag kvartalsutdelning TGS 1.19
2017-08-03 - Kvartalsrapport 2017-Q2
2017-05-18 - X-dag kvartalsutdelning TGS 1.3
2017-05-10 - Kvartalsrapport 2017-Q1
2017-05-09 - Årsstämma
2017-02-09 - X-dag kvartalsutdelning TGS 1.23
2017-02-02 - Bokslutskommuniké 2016
2017-02-02 - Extra Bolagsstämma 2017
2016-11-04 - X-dag kvartalsutdelning TGS 1.23
2016-10-28 - Kvartalsrapport 2016-Q3
2016-08-11 - X-dag kvartalsutdelning TGS 1.26
2016-08-04 - Kvartalsrapport 2016-Q2
2016-05-18 - X-dag kvartalsutdelning TGS 1.23
2016-05-10 - Årsstämma
2016-04-21 - Kvartalsrapport 2016-Q1
2016-02-09 - X-dag kvartalsutdelning TGS 1.3
2016-02-02 - Bokslutskommuniké 2015
2015-10-23 - Kvartalsrapport 2015-Q3
2015-09-28 - Extra Bolagsstämma 2015
2015-07-30 - Kvartalsrapport 2015-Q2
2015-05-07 - X-dag ordinarie utdelning TGS 8.50 NOK
2015-05-06 - Årsstämma
2015-04-23 - Kvartalsrapport 2015-Q1
2015-02-05 - Bokslutskommuniké 2014
2015-01-13 - Kapitalmarknadsdag 2015
2014-10-23 - Kvartalsrapport 2014-Q3
2014-07-31 - Kvartalsrapport 2014-Q2
2014-06-04 - X-dag ordinarie utdelning TGS 8.50 NOK
2014-06-03 - Årsstämma
2014-04-24 - Kvartalsrapport 2014-Q1
2014-02-06 - Bokslutskommuniké 2013
2013-10-23 - Kvartalsrapport 2013-Q3
2013-08-01 - Kvartalsrapport 2013-Q2
2013-06-05 - X-dag ordinarie utdelning TGS 8.00 NOK
2013-06-04 - Årsstämma
2013-05-23 - Kapitalmarknadsdag 2013
2013-04-25 - Kvartalsrapport 2013-Q1
2013-02-07 - Bokslutskommuniké 2012
2012-11-01 - Kvartalsrapport 2012-Q3
2012-08-02 - Kvartalsrapport 2012-Q2
2012-06-06 - X-dag ordinarie utdelning TGS 6.00 NOK
2012-06-05 - Årsstämma
2012-05-03 - Kvartalsrapport 2012-Q1
2012-02-09 - Bokslutskommuniké 2011
2011-11-03 - Kvartalsrapport 2011-Q3
2011-08-04 - Kvartalsrapport 2011-Q2
2011-06-08 - X-dag ordinarie utdelning TGS 3.00 NOK
2011-06-08 - Extra Bolagsstämma 2011
2011-06-08 - X-dag bonusutdelning TGS 2
2011-06-08 - Kapitalmarknadsdag 2011
2011-06-07 - Årsstämma
2011-05-05 - Kvartalsrapport 2011-Q1
2011-02-10 - Bokslutskommuniké 2010
2010-11-04 - Kvartalsrapport 2010-Q3
2010-08-05 - Kvartalsrapport 2010-Q2
2010-06-04 - X-dag ordinarie utdelning TGS 4.00 NOK
2010-06-03 - Årsstämma
2010-05-06 - Kvartalsrapport 2010-Q1
2010-02-11 - Bokslutskommuniké 2009
2009-10-30 - Kvartalsrapport 2009-Q3

Beskrivning

LandNorge
ListaOBX
SektorInformationsteknik
IndustriProgramvara
TGS är verksamma inom geoteknik. Idag levererar bolaget geofysisk data och tillhörande tjänster till olje- och gasindustrin. Tjänsterna används för att analysera jordskorpans innehåll och innefattar alltifrån seismisk - och gravitationsdata, magnetisk data, till övriga avbildningstjänster. TGS etablerades 1981 och har sitt huvudkontor i Asker.
2024-10-24 07:00:00

OSLO, Norway (24 October 2024) - TGS today reports interim financial results for Q3 2024.

Financial highlights:

  • Merger with PGS completed on 1 July 2024 – Q3 2024 first quarter including PGS
  • Strong multi-client sales driven by a combination of solid pre-commitments for new investments and increased sales of existing data supported by material transfer fees
  • Record-high OBN contract activity – utilization of streamer fleet improving on high bid activity
  • Continued growth in New Energy Solutions 
  • Full-year pro-forma organic multi-client investments lowered to USD 425-450 million as certain projects have been deferred into 2025
  • Order inflow of USD 423 million during Q3 2024 – total produced backlog of USD 750 million
  • Significant upgrades of credit ratings by S&P and Moody’s
  • Robust balance sheet allows for continued dividend payment - USD 0.14 per share to be paid in Q4 2024

“Q3 2024 was the first quarter after completion of the TGS-PGS merger, and I am pleased to report revenues of half a billion dollars. We have completed the merger reorganization process, and we are ahead of schedule in realizing annual synergies of between USD 110 and 130 million. Strong multi-client revenues in the quarter were driven by a combination of robust pre-commitments to ongoing programs and strong library sales supported by material transfer fees. Further, we achieved record high utilization of our OBN crews, and the business continues its strong performance among a production-oriented client base. Although the utilization of the 3D streamer fleet has been lower than expected so far this year, we are on a positive trend based on ongoing negotiations and tenders.  Finally, I’m pleased to see that our solid balance sheet and sound financial policy has prompted substantial upgrades to the credit ratings by both Moody’s and S&P which puts us in good position to refinance the debt structure at attractive terms,” says Kristian Johansen, CEO of TGS. 

Management presentation
CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 a.m. CEST at House of Oslo, Ruseløkkveien 34 in Oslo, Norway. The presentation is open to the public and will be webcasted live.

Access and registration for webcast attendees are available by copying and pasting the link below into your browser, or use the link on the front page of www.tgs.com: https://channel.royalcast.com/landingpage/hegnarmedia/20241024_5/

A recorded version of the entire presentation will be available on TGS.com (http://www.tgs.com) after the live event.

For more information, visit TGS.com (http://www.tgs.com) or contact:

Bård Stenberg
Vice President IR & Communication
Tel: +47 992 45 235
E-mail: investor@tgs.com

About TGS
TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Our broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide. For further information, please visit www.tgs.com (https://www.tgs.com/).

Forward Looking Statement
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict and are based upon assumptions as to future events that may not prove accurate. These factors include volatile market conditions, investment opportunities in new and existing markets, demand for licensing of data within the energy industry, operational challenges, and reliance on a cyclical industry and principal customers. Actual results may differ materially from those expected or projected in the forward- looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.