TGS ASA
TGS
ISIN NO0003078800 / Valor 680619
TGS ASA
UMushroom community rating:
About company
TGS ASA is a company that specializes in providing wind data and intelligence services to clients in the energy sector. They offer a range of solutions to assist in site assessment, reduce costs, and minimize energy production uncertainty throughout the wind development lifecycle. Their services include market intelligence, wind and metocean data, wind analytics platform, subsurface imaging, and data management solutions. TGS ASA aims to be a reliable energy data partner for companies looking to optimize their wind energy projects.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (20.08.2024):
Revenue
TGS ASA reported IFRS revenues of USD 224 million for Q2 2024, an increase from USD 206 million in Q2 2023. This growth reflects the company's strong operational performance and increased demand for its services.
Profitability
The company's POC EBITDA for Q2 2024 was USD 121 million, compared to USD 132 million in the same quarter of the previous year. Despite the slight decrease, TGS ASA maintained solid profitability due to high early sales rates and strong order inflow.
Order Inflow
TGS ASA experienced a significant increase in contract inflow during Q2 2024, reaching USD 368 million compared to USD 198 million in Q2 2023. This substantial growth highlights the continued demand for the company's OBN data acquisition services.
Dividends
TGS ASA announced a dividend of USD 0.14 (NOK 1.51) per share to be paid in Q3 2024. This decision reflects the company's commitment to returning value to its shareholders while maintaining a strong financial position.
Earnings Per Share
The IFRS earnings per share (EPS) for TGS ASA in Q2 2024 was USD 0.27, up from USD 0.18 in Q2 2023. This increase in EPS indicates improved profitability and effective cost management during the quarter.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1908 M
Market cap (USD)
345,051
Daily traded volume (Shares)
108.8 / 106.3
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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