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TGS Reports Improved Q1 2025 Asset Utilization and Investment Growth

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TGS Reports Improved Q1 2025 Asset Utilization and Investment Growth

Confident Investing Starts Here:

TGS Nopec Geophysical Company ASA ( (GB:0MSJ) ) just unveiled an update.

TGS has reported a significant improvement in asset utilization for Q1 2025, with increased multi-client activity and higher-than-expected investments in new data, particularly in frontier areas. Despite geopolitical uncertainties, TGS remains well-positioned to support clients’ exploration ambitions due to its strong balance sheet, leading technologies, and extensive data library.

More about TGS Nopec Geophysical Company ASA

TGS Nopec Geophysical Company ASA, commonly known as TGS, is a leading global provider of advanced data and intelligence services for the energy sector. The company offers a comprehensive range of insights and technologies that support exploration and production activities, leveraging a vast and diverse energy data library to aid clients in making informed decisions across the energy value chain.

YTD Price Performance: -26.63%

Average Trading Volume: 51,512

Technical Sentiment Signal: Strong Buy

Current Market Cap: NOK15.61B

Find detailed analytics on 0MSJ stock on TipRanks’ Stock Analysis page.

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