TGS ASA (TGS.OL)
TGS ASA operates in the Oil & Gas Equipment & Services industry of the Energy sector, headquartered in Oslo, AK, NO. The stock last traded at $143.60, down 4.20% on the session, giving a market capitalisation of $28.22B. Its beta of -0.05 implies it has historically moved less than the broad market.
TGS ASA specializes in delivering geoscience information and accompanying services to the global petroleum exploration and production sector. The company provides a wide array of multi-client geophysical datasets, most notably seismic information, and its extensive geophysical archive also comprises gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data types. The firm’s geological offerings extend to digital well logs, sophisticated interpretation tools, and integrated data solutions. Additionally, TGS offers a comprehensive suite of imaging services, featuring depth and time imaging, support for various acquisition modalities (marine, land, ocean bottom cables/nodes), and advanced processing techniques such as anisotropic, transition zone, multi-component, shear wave, 4D time-lapse, and wide azimuth data processing. It further supplies analytical data tools and solutions, and develops PRIMA, a versatile exploration software platform. Formerly operating as TGS-NOPEC Geophysical Company ASA, the enterprise officially rebranded to TGS ASA in June 2021. Established in 1981, its corporate headquarters are located in Oslo, Norway.
TGS ASA is most often compared with the following Energy names: