Company PGS ASA

Equities

PGS

NO0010199151

Oil Related Services and Equipment

Market Closed - Oslo Bors 10:45:00 2024-04-19 am EDT 5-day change 1st Jan Change
8.662 NOK -2.08% Intraday chart for PGS ASA -3.65% +1.12%

Business Summary

PGS ASA specializes in providing geophysical services and in the production of oil and gas. Net sales break down by activity as follows:

- geophysical services (56.5%): acquisition, processing and marketing non-exclusive seismic data to oil and gas companies for prospecting and developing reserves, as well as the management of production fields;

- seismic data acquisition services under exclusive contracts (40.8%);

- seismic data processing and interpretation services (2.7%). The group also offers services enabling companies to improve their knowledge of the structure and monitoring of their reserves.

Net sales are distributed geographically as follows: Norway (16.5%), the United Kingdom (5.3%), Europe (7%), Brazil (13.1%), Canada (8.4%), the Americas (13%), Angola (11.5%), Africa (9.1%), Asia/Pacific (12.5%) and other (3.6%).

Number of employees: 900

Sales per Business

NOK in Million2021Weight2022Weight Delta
Contract Seismic
40.8 %
1,787 29.8 % 3,235 40.8 % +81.08%
MultiClient Late Sales
39.6 %
1,895 31.6 % 3,143 39.6 % +65.85%
MultiClient Pre-funding
16.9 %
2,130 35.5 % 1,341 16.9 % -37.03%
Imaging
2.8 %
187 3.1 % 218 2.8 % +17.04%

Sales per region

NOK in Million2021Weight2022Weight Delta
Norway
16.5 %
1,660 27.7 % 1,313 16.5 % -20.87%
Brazil
13.1 %
118 2.0 % 1,041 13.1 % +783.67%
Americas (Excluding Brazil and Canada)
13.0 %
488 8.1 % 1,029 13.0 % +111.15%
Asia/Pacific
12.5 %
794 13.2 % 996 12.5 % +25.46%
Angola
11.5 %
607 10.1 % 909 11.5 % +49.76%
Canada
8.4 %
617 10.3 % 664 8.4 % +7.67%
Africa (Excluding Angola, South Africa)
5.5 %
329 5.5 % 439 5.5 % +33.21%
United Kingdom
5.3 %
385 6.4 % 418 5.3 % +8.64%
Cyprus
3.9 %
-- 312 3.9 % -
Egypt
3.6 %
723 12.1 % 287 3.6 % -60.35%
Middle East/Other (Excluding Egypt)
3.5 %
12 0.2 % 278 3.5 % +2,209.68%
Greece
3.0 %
-- 241 3.0 % -
Ukraine
0.1 %
258 4.3 % 11 0.1 % -95.90%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 10-09-30
Director of Finance/CFO 58 03-10-31
Chief Tech/Sci/R&D Officer - 17-12-31
Chief Operating Officer 48 97-12-31
Corporate Officer/Principal 60 -
Investor Relations Contact 50 14-08-31
Corporate Officer/Principal - 16-12-31
Human Resources Officer - 19-12-31
General Counsel - 17-08-31
Sales & Marketing 58 92-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 64 12-12-31
Director/Board Member 65 16-12-31
Director/Board Member 66 18-12-31
Director/Board Member 46 21-12-31
Chairman 71 13-10-31
Director/Board Member 63 21-12-31
Director/Board Member 56 01-12-31
Director/Board Member - 07-12-31
Director/Board Member - 22-12-31
Director/Board Member 61 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 955,310,440 952,287,743 ( 99.68 %) 275,089 ( 0.0288 %) 99.68 %

Shareholders

NameEquities%Valuation
DWS Investment GmbH
6.346 %
60,628,000 6.346 % 44 M kr
Coltrane Asset Management LP
4.542 %
43,388,746 4.542 % 32 M kr
DNB Asset Management AS
4.284 %
40,925,075 4.284 % 30 M kr
M&G Investment Management Ltd.
3.997 %
38,182,262 3.997 % 28 M kr
Brightlight Capital Management LP
2.680 %
25,600,000 2.680 % 19 M kr
MH Capital AS
2.542 %
24,285,558 2.542 % 18 M kr
Dimensional Fund Advisors LP
1.808 %
17,276,272 1.808 % 13 M kr
First Fondene AS
1.670 %
15,950,000 1.670 % 12 M kr
Scorpio Holdings Ltd.
1.504 %
14,370,000 1.504 % 10 M kr
Trefoil Capital Advisers Ltd.
1.260 %
12,039,372 1.260 % 9 M kr

Company contact information

PGS ASA

Lilleakerveien 4C

0283, Oslo

+47 67 52 64 00

http://www.pgs.com
address PGS ASA(PGS)

Group companies

NameCategory and Sector
Engineering & Construction
Wholesale Distributors
Oil & Gas Production
Engineering & Construction
PGS Falcon AS
Oil & Gas Production
Pgs Australia Pty Ltd.
Investment Managers
Petroleum Geo-Services Asia Pacific Pte Ltd.
Engineering & Construction