TGS ASA

Oslo Stock Exchange TGS.OL

TGS ASA Capital Expenditure for the year ending December 31, 2023: USD -438.20 M

TGS ASA Capital Expenditure is USD -438.20 M for the year ending December 31, 2023, a -95.15% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

TGS ASA Capital Expenditure for the year ending December 31, 2022 was USD -224.55 M, a -21.33% change year over year.
TGS ASA Capital Expenditure for the year ending December 31, 2021 was USD -185.07 M, a 52.71% change year over year.
TGS ASA Capital Expenditure for the year ending December 31, 2020 was USD -391.35 M, a -10.16% change year over year.
TGS ASA Capital Expenditure for the year ending December 31, 2019 was USD -355.26 M, a -22.74% change year over year.

Key data

Date	Capital Expenditure	Free Cash Flow	Depreciation And Amortization	Deferred Income Tax

Oslo Stock Exchange: TGS.OL

TGS ASA

CEO	Mr. Kristian Kuvaas Johansen
IPO Date	Jan. 3, 2000
Location	Norway
Headquarters	Askekroken 11
Employees	873
Sector	Energy
Industries Oil & Gas Geothermal Energy Offshore Drilling

Description

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical multi-client data, including seismic data; and geophysical library, such as gravity, magnetic, seep, geothermal, controlled source electromagnetic, and multibeam data. It also provides geological services comprising digital well logs; and interpretation products and data integration solutions. In addition, the company offers imaging services, which include depth and time imaging; marine, land, and ocean bottom cables and nodes; anisotropic imaging; transition zone processing; multi component processing; shear wave; and 4D time-lapse, as well as wide azimuth data processing. Further, it provides data and analytics solutions; and PRIMA, a multifunction exploration software suite. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Key trends

Past 5 years