IOB - Delayed Quote • NOK TGS ASA (0MSJ.IL) Follow Compare 113.35 -2.55 (-2.20%) At close: January 30 at 5:13:33 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations TGS Webcast Details for Q4 2024 Presentation Oslo, Norway (30 January 2025) - TGS, a leading global provider of energy data and intelligence will release its Q4 2024 results at approximately 07:00 a.m. CET on 20 February 2025. CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at 09:00 a.m. CET 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 TGS Awarded Offshore Wind Site Characterization Contract in UK OSLO, Norway (30 January 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of another offshore wind site characterization contract on the UK continental shelf. The contract has a total duration of approximately 30 days and the Ramform Vanguard will mobilize for the project in Q2 2025. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure more offshore wind site characterization contracts. Our geophysical approach for mapping the TGS Awarded Offshore Wind Site Characterization Contract OSLO, Norway (29 January 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of an offshore wind site characterization contract on the UK continental shelf for a repeat customer. The contract has a total duration of approximately 60 days and is scheduled to commence in Q1 2025. The Ramform Vanguard will be used for this project and is equipped with Ultra-high-resolution 3D (UHR-3D) streamers. The streamer technology samples the seismic wavefield at a TGS Awarded 4D Streamer Campaign Offshore Norway OSLO, Norway (15 January 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of four 4D streamer contract acquisition projects, three in the North Sea and one in the Barents Sea. The 4D campaign in the North Sea is scheduled to commence in early Q2 with back-to-back scheduling and a total duration of approximately 130 days. The 4D contract in the Barents Sea is scheduled to commence in late May with a total duration of approximately 50 days. Kristian Joh TGS Q4 2024 Operational Update TGS Q4 2024 Operational Update OSLO, Norway (9 January 2025) – TGS, a leading global provider of energy data and intelligence routinely publishes a quarterly operational update six working days after quarter-end. The table below shows TGS’s normalized Ocean Bottom Node (OBN) crew count: 202220232024Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Normalized crewcount1 2.9 3.2 3.2 2.3 2.6 3.2 3.2 1.9 1.9 2.7 3.8 3.5 1) The table shows average number of crews in operation when assuming a normalized crew size. In Q4 2024 a TGS Announces Dawson III 3D Seismic Survey in the Western Canadian Sedimentary Basin (6 January 2025) – TGS, a global provider of energy data and intelligence announced today the launch of the Dawson Phase III 3D multi-client seismic survey in the Western Canadian Sedimentary Basin. Spanning 141 square kilometers, this new survey will be merged with 121 square kilometers from the existing Dawson Phase II 3D. Field recording has just completed, with Fast Track data expected in the first quarter of 2025 and final delivery in the second quarter of 2025. The project utilizes advance Discover AlphaCorp And 2 Other Stocks That May Be Priced Below Their Estimated Value As global markets navigate a mixed economic landscape, with U.S. consumer confidence and manufacturing indicators showing signs of softness amidst moderate gains in major stock indexes, investors are increasingly focused on identifying opportunities that may be undervalued. In this context, finding stocks priced below their estimated value can offer potential advantages, especially when market conditions reflect both volatility and growth prospects. TGS Awarded Large 3D Streamer Contract in Southern Atlantic OSLO, Norway (6 December 2024) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of a large 3D streamer contract in the Southern Atlantic. Acquisition is scheduled to commence in Q4 this year and the contract has a duration of approximately 140 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this large 3D streamer contract by leveraging our integrated business model. The comprehensive seismic survey is designed for enhanced sub TGS Awards Performance Share Units and Restricted Share Units Oslo, Norway (27 November 2024) – TGS has issued awards of Performance Share Units (PSUs) and Restricted Share Units (RSUs) to 408 key employees of the Company, as authorized by the shareholders of the company at its Extraordinary General Meeting on 25 July 2024. With the exception of certain RSUs, which are secured by the Company’s treasury stock, the PSUs and RSUs are secured by free-standing warrants that, upon vesting of the PSUs and RSUs in accordance with their terms, are convertible to sh TGS ASA Announces Pricing of Senior Secured Notes Offering OSLO, Norway (20th November 2024) – TGS ASA (“TGS” or the “Company”), a global leader in energy data and intelligence, today announced that it has priced its offering (the “Offering”) of $550 million aggregate principal amount of 8.50% Senior Secured Notes due 2030 (the “Notes”) at a price equal to 100.0% of the aggregate principal amount thereof. Interest will be payable semi-annually. In connection with the Offering, the Company has also announced that it has entered into new super senior secu Petroleum Geo-Services AS – Exercise of call option for PGEOS01 OSLO, Norway (20 November 2024) – Further to announcement by TGS ASA (“TGS”) on 20 November 2024, TGS' subsidiary, Petroleum Geo-Services AS, has today given a conditional notice of exercise of its option to redeem all outstanding bonds under the Petroleum Geo-Services AS 13.50% Senior Secured USD 450,000,000 Bond Issue (PGEOS01) with ISIN NO0012873670 (the "Bonds"). The Bonds will be redeemed at a price equal to 109.5% of the face value for each redeemed Bond, which constitutes the Make-Whole A TGS Awarded OBN Contract in Europe OSLO, Norway (20 November 2024) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of an OBN contract in Europe. The company’s node-on-a-rope crew is scheduled to commence acquisition early April 2025 and the contract has a duration of approximately 35 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this contract from a repeat customer. Our node-on-a-rope crew ensures efficient acquisition of high quality data over a well-establ TGS Awarded Major 3D Streamer Contract by ONGC offshore India OSLO, Norway (20 November 2024) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of a significant 3D streamer contract for ONGC in the Mahanadi basin on the East Coast of India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months. India is a hotspot for streamer seismic and ocean bottom node work and the contract award strengthens TGS’ position in the area, underscoring th TGS ASA announces launch of Senior Secured Notes offering Oslo, Norway (18th November 2024) – Following a series of fixed income investor meetings as previously communicated, TGS ASA (“TGS” or the “Company”), a global leader in energy data and intelligence, announces the launch of an offering (the “Offering”) of Senior Secured Notes with an expected aggregate principal amount of $550 million and maturity in 2030 (the “Notes”). In connection with the Offering, the Company also expects to enter into a senior secured credit facilities agreement, the proce TGS ASA to hold fixed income investor meetings Oslo, Norway (11th November 2024) – TGS ASA, a global leader in energy data and intelligence, is set to meet fixed income investors starting on Monday 11th of November. J.P. Morgan, Danske Bank and DNB Markets are hosting a series of fixed income investor meetings on Monday 11th, Tuesday 12th and Wednesday 13th of November. A transaction may follow, subject inter alia to market conditions. The purpose of the contemplated transaction would be to refinance and/or repurchase existing debt of the TG TGS Secures First 3D Streamer Contract for 2025 Summer Season OSLO, Norway (11 November 2024) – TGS, a leading provider of energy data and intelligence, is pleased to announce award of the company’s first 3D streamer contract for the 2025 Northwest Europe summer season. Acquisition is scheduled to commence in May with a total duration of approximately 35 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure our first streamer contract job for the 2025 summer season. Award of this program underscores our strong position in Northwest TGS Quarterly Dividend OSLO, NORWAY (24 October 2024) – Following the authorization from the Annual General Meeting on 28 June 2024, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.53 per share) in Q4 2024. Key information relating to the cash dividend: Dividend amount and declared currency: USD 0.14 per share (equivalent to NOK 1.53 per share)Last trading day including right: 30 October 2024 Ex-date: 31 October 2024Record date: 1 November 2024Pay TGS announces Q3 2024 results 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 PGSStrong multi-client sales driven by a combination of solid pre-commitments for new investments and increased sales of existing data supported by material transfer feesRecord-high OBN contract activity – utilization of streamer fleet improving on high bid activityContinued growth in New Energy Solutions Full-y TGS ASA rated ‘BB-‘ from S&P OSLO, Norway (23 October 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned a ‘BB-‘ rating from S&P with stable outlook. S&P’s rating on TGS ASA reflects the company’s conservative financial policies and relatively strong credit measures after the transformative acquisition of PGS. S&P is raising their issuer credit rating on TGS Newco (formerly PGS ASA) and its USD 450 million senior secured notes by three and two notches respectively, from ‘B-‘ to ‘BB-‘ and from ‘B TGS Announces Birmingham-Gemini 3D Seismic Survey in Appalachian Basin OSLO, Norway (23 October 2024) – TGS, a global leader in energy data and intelligence, today announced an extension to the Birmingham 3D seismic survey covering 276 square miles. The survey is strategically located on the western flank of the Appalachian Basin, aligning with the most prospective trend of the Utica-Point Pleasant formation and Clinton sands. Kristian Johansen, CEO of TGS, commented: "The Birmingham-Gemini 3D survey reflects TGS' commitment to uncovering the Appalachian Basin's po Performance Overview Trailing total returns as of 1/30/2025, which may include dividends or other distributions. Benchmark is OBX Total Return Index Return 0MSJ.IL OBX Total Return Index YTD 0.00% +7.74% 1-Year +14.66% +21.66% 3-Year +34.14% +36.39%