TGS ASA (TGSNF) Research

TGS ASA, headquartered in Oslo, Norway, and established in 1981, specializes in providing geoscience data products and related services globally to the oil and gas industry. Its comprehensive offerings encompass multi-client geophysical data, notably seismic surveys. The company also curates a vast geophysical library featuring diverse data types such as gravity, magnetic, seep, geothermal, controlled source electromagnetic (CSEM), and multibeam data. In addition to data acquisition, TGS delivers geological services, including digital well logs, along with sophisticated interpretation products and integrated data solutions. A significant aspect of its service portfolio is advanced imaging, spanning depth and time imaging. This involves processing data from various sources like marine, land, and ocean bottom cables and nodes, utilizing specialized techniques such as anisotropic imaging, transition zone processing, multi-component processing, shear wave analysis, 4D time-lapse studies, and wide azimuth data processing. Furthermore, TGS provides data and analytics solutions and is the developer of PRIMA, a versatile software suite designed for exploration. The company officially adopted its current name, TGS ASA, in June 2021, having previously operated as TGS-NOPEC Geophysical Company ASA.

Market snapshot

Symbol
TGSNF
Price
$14.22
Day change
-1.25%
Market cap
$2.8B
P/E ratio
-2786.90x
52-week range
7-17.7
Sector
Energy
Industry
Oil & Gas Equipment & Services
Next earnings
in 1 month

Peer companies

  • Aker Solutions ASA (AKRTF)
  • Aker Solutions ASA Unsponsored ADR (AKRYY)
  • CES Energy Solutions Corp. (CESDF)
  • CIMC Enric Holdings Limited (CIMEF)
  • Freehold Royalties Ltd. (FRHLF)
  • International Petroleum Corporation (IPCFF)
  • Japan Petroleum Exploration Co., Ltd. (JPTXF)
  • PT Medco Energi Internasional Tbk (MEYYY)

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