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Trade Petroleum Geo Services - PGS CFD

8.266
3.94%
Market Trading Hours* (UTC) Opens on Monday at 08:00

Mon - Fri: 08:00 - 15:20

  • Summary
  • Historical Data
  • Events
  • Income Statement
  • Balance Sheet
  • Cash Flow
  • Ownership
Trading Conditions
Spread 0.050
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.023361 %
Charges from full value of position ($-4.44)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
-0.023361%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee 0.001139 %
Charges from full value of position ($0.22)
Trade size with leverage ~ $20,000.00
Money from leverage ~ $19,000.00

Go to platform
0.001139%
Overnight fee time 22:00 (UTC)
Min traded quantity 1
Currency NOK
Margin 5%
Stock exchange Norway
Commission on trade 0%

*Information provided by Capital.com

PGS ASA ESG Risk Ratings

High Medium Low Negligible

‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats
Prev. Close* 7.953
Open* 8.083
1-Year Change* 45.09%
Day's Range* 8.059 - 8.266
52 wk Range 4.88-13.15
Average Volume (10 days) 7.51M
Average Volume (3 months) 345.33M
Market Cap 8.45B
P/E Ratio -100.00K
Shares Outstanding 955.04M
Revenue 7.24B
EPS -0.95
Dividend (Yield %) N/A
Beta 3.31
Next Earnings Date Jan 25, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Dec 8, 2023 8.266 0.359 4.54% 7.907 8.272 7.907
Dec 7, 2023 7.953 -0.040 -0.50% 7.993 8.147 7.881
Dec 6, 2023 8.101 -0.255 -3.05% 8.356 8.454 8.097
Dec 5, 2023 8.330 0.066 0.80% 8.264 8.620 8.013
Dec 4, 2023 8.390 -0.508 -5.71% 8.898 8.898 8.360
Dec 1, 2023 8.926 -0.016 -0.18% 8.942 9.044 8.880
Nov 30, 2023 9.069 0.243 2.75% 8.826 9.117 8.826
Nov 29, 2023 8.891 0.009 0.10% 8.882 9.044 8.830
Nov 28, 2023 8.832 -0.148 -1.65% 8.980 9.038 8.780
Nov 27, 2023 9.034 0.192 2.17% 8.842 9.067 8.842
Nov 24, 2023 9.087 0.077 0.85% 9.010 9.135 8.930
Nov 23, 2023 8.990 0.178 2.02% 8.812 9.056 8.812
Nov 22, 2023 8.744 -0.216 -2.41% 8.960 8.994 8.690
Nov 21, 2023 8.976 -0.315 -3.39% 9.291 9.297 8.950
Nov 20, 2023 9.289 0.100 1.09% 9.189 9.332 9.189
Nov 17, 2023 9.091 0.235 2.65% 8.856 9.199 8.856
Nov 16, 2023 8.977 -0.306 -3.30% 9.283 9.361 8.976
Nov 15, 2023 9.473 -0.018 -0.19% 9.491 9.731 9.399
Nov 14, 2023 9.801 0.022 0.22% 9.779 9.872 9.703
Nov 13, 2023 9.767 0.270 2.84% 9.497 9.845 9.479

Petroleum Geo Services Events

Time (UTC) Country Event
Thursday, January 25, 2024

Time (UTC)

07:00

Country

NO

Event

Q4 2023 PGS ASA Earnings Release
Q4 2023 PGS ASA Earnings Release

Forecast

-

Previous

-
Thursday, April 25, 2024

Time (UTC)

06:00

Country

NO

Event

Q1 2024 PGS ASA Earnings Release
Q1 2024 PGS ASA Earnings Release

Forecast

-

Previous

-

Time (UTC)

13:00

Country

NO

Event

PGS ASA Annual Shareholders Meeting
PGS ASA Annual Shareholders Meeting

Forecast

-

Previous

-
View all events
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total revenue 825.1 697.8 473.2 930.8 874.3
Revenue 825.1 697.8 473.2 930.8 874.3
Cost of Revenue, Total 324.7 227.2 150.3 262.5 256
Gross Profit 500.4 470.6 322.9 668.3 618.3
Total Operating Expense 719.1 762.3 661.2 876.2 834.9
Selling/General/Admin. Expenses, Total 42.3 36.1 39.2 51.8 51.8
Research & Development 6.9 6.5 8.7 9.7 10.8
Depreciation / Amortization 337.5 466 319.8 535.3 480.2
Unusual Expense (Income) 16.8 20.9 116.5 17.9 22.6
Other Operating Expenses, Total -11.1 5.6 26.7 -1 13.5
Operating Income 106 -64.5 -188 54.6 39.4
Interest Income (Expense), Net Non-Operating -111.6 -98 -102.7 -84.4 -81.6
Other, Net -1.1 -1.3 -15.7 -7.8 -5.7
Net Income Before Taxes -6.7 -163.8 -306.4 -37.6 -47.9
Net Income After Taxes -32.8 -179.4 -321.5 -71.7 -87.9
Net Income Before Extra. Items -32.8 -179.4 -321.5 -71.7 -87.9
Net Income -32.8 -179.4 -321.5 -71.7 -87.9
Total Adjustments to Net Income
Income Available to Common Excl. Extra. Items -32.8 -179.4 -321.5 -71.7 -87.9
Income Available to Common Incl. Extra. Items -32.8 -179.4 -321.5 -71.7 -87.9
Diluted Net Income -32.8 -179.4 -321.5 -71.7 -87.9
Diluted Weighted Average Shares 592.417 384.063 382.117 340.008 340.005
Diluted EPS Excluding Extraordinary Items -0.05537 -0.46711 -0.84136 -0.21088 -0.25853
Dividends per Share - Common Stock Primary Issue 0 0 0
Diluted Normalized EPS -0.03693 -0.43174 -0.64319 -0.17666 -0.21532
Interest Expense (Income) - Net Operating 2
Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022
Total revenue 157.3 156 143.1 216.7 198.5
Revenue 157.3 156 143.1 216.7 198.5
Cost of Revenue, Total 48.7 61.7 88.3 93.7 89
Gross Profit 108.6 94.3 54.8 123 109.5
Total Operating Expense 145.6 137.1 170.4 183.6 162.9
Selling/General/Admin. Expenses, Total 9.2 10.2 10.6 9.9 9.6
Research & Development 1.2 1.4 1.8 1.9 1.8
Depreciation / Amortization 86.5 57.6 58.5 65.3 64.3
Unusual Expense (Income) 0 6.3 11.2 17.2 0
Other Operating Expenses, Total 0 -0.1 0 -4.4 -1.8
Operating Income 11.7 18.9 -27.3 33.1 35.6
Interest Income (Expense), Net Non-Operating -16.7 -21.9 -25.9 -30.8 -27.6
Other, Net -0.6 -1.2 -0.4 -0.4 -0.5
Net Income Before Taxes -5.6 -4.2 -53.6 1.9 7.5
Net Income After Taxes -6.8 -9.3 -58.8 -5 2.6
Net Income Before Extra. Items -6.8 -9.3 -58.8 -5 2.6
Net Income -6.8 -9.3 -58.8 -5 2.6
Income Available to Common Excl. Extra. Items -6.8 -9.3 -58.8 -5 2.6
Income Available to Common Incl. Extra. Items -6.8 -9.3 -58.8 -5 2.6
Diluted Net Income -6.8 -9.3 -58.8 -5 2.6
Diluted Weighted Average Shares 913.884 909.279 909.279 832.146 659.671
Diluted EPS Excluding Extraordinary Items -0.00744 -0.01023 -0.06467 -0.00601 0.00394
Dividends per Share - Common Stock Primary Issue 0 0 0 0
Diluted Normalized EPS -0.00744 -0.00572 -0.05666 0.00743 0.00394
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Total Current Assets 751.4 433 409.6 426.1 365
Cash and Short Term Investments 363.8 170 156.7 40.6 74.5
Cash & Equivalents 363.8 170 156.7 40.6 74.5
Total Receivables, Net 321.3 198.5 160.5 316.4 229.1
Accounts Receivable - Trade, Net 312.5 187.4 156.3 307.5 218.4
Total Inventory 29.4 26.8 21.8 29.1 32.8
Prepaid Expenses 12.9 14.8 26.3 19.3 13.1
Other Current Assets, Total 24 22.9 44.3 20.7 15.5
Total Assets 1953.3 1792.8 2093.8 2301.7 2384.8
Property/Plant/Equipment, Total - Net 740.4 787.4 898 1132.4 1062.2
Property/Plant/Equipment, Total - Gross 2793 2731.2 2699.6 2817.5 2808.4
Accumulated Depreciation, Total -2052.6 -1943.8 -1801.6 -1685.1 -1746.1
Intangibles, Net 373.7 500.1 709.2 659.8 761.3
Long Term Investments 6.5 12.3 9.6 38.1 57.7
Note Receivable - Long Term 22.1 2.4 6.6 6.5 8.9
Other Long Term Assets, Total 59.2 57.6 60.8 38.8 129.7
Total Current Liabilities 724.6 464.4 1519.5 822.1 425.1
Accounts Payable 45.6 45.3 31.2 56.1 67
Accrued Expenses 104.2 80.5 95.5 128.2 110.2
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 400 198.5 1190.5 489.3 54.4
Other Current Liabilities, Total 174.8 140.1 202.3 148.5 193.5
Total Liabilities 1443 1547.7 1697.4 1664.6 1663
Total Long Term Debt 714 1052.5 118.5 792.2 1200.6
Long Term Debt 659.7 973.5 0 641.2 1164.7
Deferred Income Tax 0.1 0.1 0.1 0.1 0.8
Other Liabilities, Total 4.3 30.7 59.3 50.2 36.5
Total Equity 510.3 245.1 396.4 637.1 721.8
Common Stock 313.2 158.9 154.2 138.5 138.5
Additional Paid-In Capital 1035.8 933.1 929.1 852.5 850.1
Retained Earnings (Accumulated Deficit) -838.7 -846.9 -686.9 -353.9 -266.8
Treasury Stock - Common -0.1
Other Equity, Total 0.1
Total Liabilities & Shareholders’ Equity 1953.3 1792.8 2093.8 2301.7 2384.8
Total Common Shares Outstanding 909.275 404.407 390.82 341.739 340.042
Capital Lease Obligations 54.3 79 118.5 151 35.9
Sep 2023 Jun 2023 Mar 2023 Dec 2022 Sep 2022
Total Current Assets 541.6 461.1 494.4 751.4 467.8
Cash and Short Term Investments 156 137.1 154.1 363.8 179.1
Cash & Equivalents 156 137.1 154.1 363.8 179.1
Total Receivables, Net 309.2 242.2 265.3 314.3 214.2
Accounts Receivable - Trade, Net 309.2 242.2 265.3 314.3 214.2
Other Current Assets, Total 76.4 81.8 75 73.3 74.5
Total Assets 1766.3 1688.9 1710.8 1953.3 1719.5
Property/Plant/Equipment, Total - Net 746.2 748.7 751.9 740.4 748.8
Intangibles, Net 403.8 391.7 378.9 373.7 404
Other Long Term Assets, Total 74.7 87.4 85.6 87.8 98.9
Total Current Liabilities 610.7 599.5 601.8 724.6 660.9
Accounts Payable 52.1 51.5 65 45.6 38.8
Accrued Expenses 111.5 53.7 89.5 104.2 88.9
Notes Payable/Short Term Debt 0 0 0 0 0
Current Port. of LT Debt/Capital Leases 162.8 211.8 213.4 400 406.8
Other Current Liabilities, Total 284.3 282.5 233.9 174.8 126.4
Total Liabilities 1298.4 1245.3 1259 1443 1348
Total Long Term Debt 683.5 641.3 652.3 714 683.2
Long Term Debt 636.5 585.9 595.6 659.7 628.9
Capital Lease Obligations 47 55.4 56.7 54.3 54.3
Deferred Income Tax 0.1 0.1 0.1 0.1 0.1
Other Liabilities, Total 4.1 4.4 4.8 4.3 3.8
Total Equity 467.9 443.6 451.8 510.3 371.5
Common Stock 325.9 313.2 313.2 313.2 246.7
Additional Paid-In Capital 1062.7 1036.5 1036 1035.8 957
Retained Earnings (Accumulated Deficit) -920.3 -906 -897.3 -838.7 -832.1
Total Liabilities & Shareholders’ Equity 1766.3 1688.9 1710.8 1953.3 1719.5
Total Common Shares Outstanding 955.035 909.275 909.275 909.275 680.299
Treasury Stock - Common -0.4 -0.1 -0.1 -0.1 -0.1
Other Equity, Total 0.1
  • Annual
  • Quarterly
2022 2021 2020 2019 2018
Net income/Starting Line -6.7 -163.8 -306.4 -71.7 -87.9
Cash From Operating Activities 371.3 326.6 366.5 474.3 445.9
Cash From Operating Activities 354.2 494.5 463.1 553.2 504.8
Deferred Taxes 0
Non-Cash Items 91.3 85.5 83.9 50.2 52.1
Cash Taxes Paid 30
Cash Interest Paid 96.9 89.7 84.4 74.7 63.4
Changes in Working Capital -67.5 -89.6 125.9 -57.4 -23.1
Cash From Investing Activities -161.8 -171.9 -254.6 -252.5 -350.1
Capital Expenditures -164.8 -172.9 -263.5 -322.2 -345
Other Investing Cash Flow Items, Total 3 1 8.9 69.7 -5.1
Cash From Financing Activities -15.7 -141.4 4.2 -255.7 -68.6
Financing Cash Flow Items -97.6 -81.6 71.5 -159.7 11.6
Total Cash Dividends Paid
Issuance (Retirement) of Stock, Net 241 0 91.9 0
Issuance (Retirement) of Debt, Net -159.1 -59.8 -159.2 -96 -80.2
Net Change in Cash 193.8 13.3 116.1 -33.9 27.2
Mar 2023 Dec 2022 Sep 2022 Jun 2022 Mar 2022
Net income/Starting Line -53.6 -6.7 -8.6 -16.2 -44.2
Cash From Operating Activities 134.4 371.3 284.9 107 63.4
Cash From Operating Activities 58.5 354.2 271.8 207.5 72.4
Non-Cash Items 37.3 91.3 63.5 39.7 22.2
Cash Taxes Paid
Cash Interest Paid 27.4 96.9 71.5 45.3 21.7
Changes in Working Capital 92.2 -67.5 -41.8 -124 13
Cash From Investing Activities -57.9 -161.8 -127.8 -79 -39.7
Capital Expenditures -57.9 -164.8 -129.1 -79.4 -39.7
Other Investing Cash Flow Items, Total 0 3 1.3 0.4 0
Cash From Financing Activities -286.2 -15.7 -148 21.8 -29.7
Financing Cash Flow Items -24.9 -97.6 -73.3 -42.5 -20.3
Issuance (Retirement) of Stock, Net 0 241 96.3 82.7
Issuance (Retirement) of Debt, Net -261.3 -159.1 -171 -18.4 -9.4
Net Change in Cash -209.7 193.8 9.1 49.8 -6
Investor Name Investor Type Percent Outstanding Shares Held Shares change Holdings Date Turnover Rating
UBS Asset Management (Switzerland) Investment Advisor 5.2888 50524570 50058213 2023-10-27 LOW
Goldman Sachs Asset Management, L.P. Investment Advisor 5.0451 48196210 43284582 2023-09-15 LOW
M&G Investment Management Ltd. Investment Advisor 4.6688 44601982 7980225 2023-09-14 LOW
Coltrane Asset Management, L.P. Hedge Fund 4.5418 43388746 -39360326 2023-07-13 MED
DNB Asset Management AS Investment Advisor/Hedge Fund 4.5114 43097437 -611326 2023-06-15 LOW
Brightlight Capital Management LP Hedge Fund 2.6798 25600000 25600000 2023-06-15 LOW
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund 1.8719 17882085 1427391 2023-06-15 LOW
MH Capital AS Corporation 1.6841 16087918 -9783644 2023-06-15 LOW
Nordnet Livsforsikring AS Corporation 1.6777 16026935 5015705 2023-06-15 LOW
Scorpio Holdings Ltd Corporation 1.6756 16007511 16007511 2023-06-15 HIGH
Trefoil Capital Advisers Ltd Investment Advisor 1.6329 15598890 11586445 2023-06-15
BlackRock Institutional Trust Company, N.A. Investment Advisor 1.5869 15160107 5206834 2023-06-15 LOW
FIRST Fondene NCP Investment Advisor 1.5231 14550000 3700000 2023-06-15 LOW
Avantis Investors Investment Advisor 1.199 11453944 1235296 2023-09-30 MED
Goldman Sachs Asset Management International Investment Advisor 1.1625 11105462 6963482 2023-09-30 MED
Vicama AS Corporation 1.0468 10000000 0 2023-06-15 LOW
American Century Investment Management, Inc. Investment Advisor/Hedge Fund 1.0359 9896274 5504137 2023-06-15 LOW
Vicama Capital AS Investment Advisor 1.0306 9845121 -3000000 2023-06-15 MED
MP Pensjon Pension Fund 0.8978 8576623 3076036 2023-06-15 LOW
KLP Forsikring Pension Fund 0.8346 7972677 414257 2023-06-15 LOW

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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.

Industry: Oil Related - Surveying & Mapping Services

Lilleakerveien 4C
OSLO
OSLO 0283
NO

Income Statement

  • Annual
  • Quarterly

News

December RBA preview: no move expected at the final meeting of 2023

The RBA meets on Tuesday, 5th of December, 2023, at 2.30 PM (AEDT). We preview what to expect from this month’s decision.

14:47, 4 December 2023

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

12:39, 30 November 2023

Euro Zone CPI expected to continue dropping; economists warn about cutting too soon

EZ PI expected to drop further but speed of decline

08:16, 29 November 2023

A weaker Dollar drives gold higher

Gold prices have returned above $US2000 per ounce. We run through the factors driving gold and the commodity’s key technicals.

13:49, 28 November 2023

Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain

US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.

13:20, 28 November 2023

RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023

The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.

13:04, 28 November 2023

Crude prices slide on OPEC+ uncertainty

Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.

12:55, 28 November 2023

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