Trade Petroleum Geo Services - PGS CFD

Trading Conditions
Spread0.054
Long position overnight fee
Long position overnight fee

Margin. Your investment
NOK 1,000.00
Overnight fee
Charges from full value of position
-0.023972 %
(-NOK 0.96)

Trade size with leverage ~ NOK 5,000.00

Short position overnight fee ~ NOK 4,000.00


-0.023972%
Short position overnight fee
Short position overnight fee

Margin. Your investment
NOK 1,000.00
Overnight fee
Charges from full value of position
0.00175 %
(NOK 0.07)

Trade size with leverage ~ NOK 5,000.00

Short position overnight fee ~ NOK 4,000.00


0.00175%
Overnight fee time21:00 (UTC)
CurrencyNOK
Min traded quantity1
Margin20
Stock exchangeNorway
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close8.252
Open8.3
1-Year Change17.46%
Day's Range8.248 - 8.3

Petroleum Geo Company profile

About PGS ASA

PGS ASA, formerly known as Petroleum Geo-Services ASA, is a Norway-based marine geophysical company that provides a range of seismic and reservoir services, including acquisition, imaging, interpretation and field evaluation. It operates through three segments: MultiClient, Marine Contract and External Imaging. Multiclient provides a data library that contains advanced images of the subsurface that oil and gas companies use to explore for hydrocarbons. The MultiClient library consists of seismic data surveys which are licensed to customers on a non-exclusive basis. Marine Contract performs seismic services under contract in accordance with customer specifications. External Imaging activities are directed towards supplying services to a wide range of exploration and production companies. Imaging services comprise proprietary GeoStreamer-based imaging technology, as well as reservoir characterization and 4D (four-dimensional) oriented processing solutions. The Company operates globally.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, PGS ASA revenues increased 47% to $697.8M. Net loss decreased 44% to $179.4M. Revenues reflect Contract Seismic segment increase of 42% to $207.8M, Egypt segment increase from $3.2M to $84.1M, Canada segment increase from $23M to $71.7M. Lower net loss reflects Impairment and loss on sale of long-term decrease of 86% to $15M (expense).

Equity composition

06/2005, 3-for-1 stock split. FY'96 Q's rstd. for purch. of Ramform vessels ($5M instock). FY'97 Q's are reclass. FY'93-'96 fncls reclass. 6/98, 3/94, 2-for-1 stock splits. FY'02-03 Qs restated. 06/2006, Complex capital change (Factor: 1.120235). 12/2006, 3-for-1 stock split. 06/2007, Capital repayment NOK 4.50.