Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
TGS ASA is a leading global provider of advanced energy data and intelligence, supporting companies across the entire energy value chain from exploration to production and new energy transitions. Headquartered in Oslo, Norway, with key operations in Houston, Texas, and nearly 2,000 employees worldwide, the company offers a comprehensive multi-client seismic data library covering mature, emerging, and frontier basins, including oil and gas, wind, geothermal, offshore minerals, and carbon capture and storage opportunities. TGS ASA excels in leading acquisition technologies such as Ocean Bottom Node (OBN) surveys and GeoStreamer multisensor systems, operated via state-of-the-art Ramform vessels, alongside advanced imaging, high-performance computing, and cloud-based processing solutions. Founded in 1981 and formerly known as TGS-NOPEC Geophysical Company ASA, it delivers geophysical data, geological well products, interpretive studies, and data integration tools primarily to the oil and gas industry while expanding into renewables. In the financial markets, TGS ASA plays a critical role by enabling data-driven decisions that reduce exploration risks and enhance efficiency across the global energy sector, with a commitment to sustainability, ESG practices, and operational excellence.
12.25% operating margin is respectable but not wide. ROIC at 3.18%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 15.8%, still solid. Margins contracted 2.9pp, which offsets some of the top-line progress.
ROIC dropped from 5.83% to 3.18%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$1.32B
▲ +15.8% YoY
Net Income (TTM)
-$2M
▼ -80.6% YoY
Op. Margin
11.45%
▼ -2.9pp YoY
ROIC
3.18%
▼ -2.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$345M
▲ +97.0% YoY
Op. Cash Flow (TTM)
$469M
▲ +59.8% YoY
Net Debt
$706M
Cash & Equiv.
$212M
3Y CAGR: +28.7%
3Y CAGR: +47.5%
Continue Research