TGS ASA TGS

What the company says it expects, and how often it has delivered on it.

Guidance in the latest report

• Multi-client investments for full year 2026 (lowered from previous guidance of approximately USD 550 million) (FY 2026)
  “As a result, we now expect multi-client investments in 2026 to be approximately USD 510 million, compared with our previous guidance of approximately USD 550 million.” (p. 3)
• Multi-client investments, with additional upside subject to ongoing discussions (Q4 2026)
  “Multi-client investments for Q4 2026 are expected to be close to USD 100 million, with additional upside subject to ongoing discussions” (p. 9)
• Capital expenditures (Q4 2026)
  “Capital expenditures of approximately USD 30 million” (p. 9)
• Gross operating cost (Q4 2026)
  “Gross operating cost of approximately USD 250 million” (p. 9)
• Streamer vessel utilization (Q4 2026)
  “Streamer vessel utilization above 80% and normalized OBN crew count of approximately 1.3” (p. 9)
• Normalized OBN crew count (Q4 2026)
  “Streamer vessel utilization above 80% and normalized OBN crew count of approximately 1.3” (p. 9)
• Dividend per share, paid in Q4 2026 (Q4 2026)
  “The Board of Directors has resolved to maintain the dividend to USD 0.155 per share in Q4 2026.” (p. 6)
• Streamer contract pricing expected to improve (2027)
  “This development gives us confidence that pricing will improve from 2027.” (p. 3)
• OBN activity levels expected to be higher next year (2027)
  “In OBN, tendering activity continues to increase, reinforcing our expectation of higher activity levels next year.” (p. 3)

Guidance only counts when it names a year or quarter and a figure the reports show: revenue, operating profit, margins, EPS and bank and insurance ratios. Read by an AI model and can be wrong. Not investment advice.