Added to YB: 2025-12-10
Pitch date: 2025-12-05
TGS.OL [bullish]
TGS ASA
-4.07%
current return
Author Info
No bio for this author
Company Info
TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. The company offers geophysical data, such as multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions.
Market Cap
NOK 1.8B
Pitch Price
NOK 89.75
Price Target
N/A
Dividend
6.94%
EV/EBITDA
2.41
P/E
32.64
EV/Sales
1.38
Sector
Energy Equipment and Services
Category
turnaround
TGS ASA - $TGS.OL
TGS.OL: Seismic mapping leader w/ $6.4B data library (mostly amortized), 7% dividend yield. Consolidated duopoly post-PGS acquisition at cyclical trough - oil <$60, consensus sees flat 2027 revs. High-margin treasure maps business pre-funded by clients. Hedge against oil spike risk w/ negative carry cost.
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