TGS ASA/Nkr TGS

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About TGS ASA

TGS ASA is a geoscience data provider primarily serving the oil and gas industry. The company specializes in the collection, management, and interpretation of geophysical and geological data, focusing on multi-client seismic surveys, which are offered through its extensive data library. Established in 1981 and headquartered in Asker, Norway, TGS operates globally, supporting exploration and production companies in optimizing their resource discovery and extraction processes. Its strategic strength lies in its extensive data assets and innovative data management solutions, allowing clients to enhance decision-making through comprehensive subsurface insights.
Ticker
Nkr TGS
Sector
Energy
Primary listing
XOSL
Employees
1,640
Headquarters
Oslo, Norway

TGS ASA Metrics

BasicAdvanced
kr 29B
32.99
kr 4.47
-0.06
kr 5.96
4.04%

Bulls say / Bears say

Q2 2026 revenues of USD 400 million, up 30% year-on-year, and EBITDA of USD 244 million, up 60% year-on-year, reflect exceptionally strong multi-client sales across North and South America and West Africa (TGS Press Release)
Order inflow of USD 377 million in Q2 2026 pushed the total order backlog to USD 756 million—an increase of 78% year-on-year—providing substantial revenue visibility for the next several quarters (TGS Press Release)
The APEX 1 long-offset Ocean Bottom Node survey in the Gulf of America, a first-of-its-kind campaign leveraging Gemini™ enhanced frequency sources, bolsters TGS’s technological leadership and expands its differentiated data offerings (TGS Press Release)
Q1 2026 revenues of USD 321 million fell short of expectations due to delayed pre-funding commitments on a major Brazil survey, highlighting volatility risks inherent in the multi-client pre-funding model (TGS Press Release)
CEO commentary in the Q4 2025 results warned that oil price volatility and elevated geopolitical risks are expected to keep market conditions subdued in the near term, which could dampen exploration budgets and multi-client sales (TGS Press Release)
2026 guidance calls for approximately USD 550 million in multi-client investments—up nearly 23% from 2025—potentially straining free cash flow and requiring sustained high sales-to-investment ratios to avoid margin pressure (TGS Press Release)
Data summarised monthly by Lightyear AI. Last updated on 1 Sept 2026.

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