Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Oslo Bors  >  Petroleum Geo-Services ASA    PGS   NO0010199151

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Petroleum Geo-Services ASA : Vessel Allocation Q4 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/03/2013 | 08:04am CEST

January 3, 2013: Oslo, Norway, Petroleum Geo-Services ASA ('PGS' or the 'Company') routinely releases information about 3D vessel utilization after the end of each quarter.

Summary of vessel utilization:



Approximate allocation of PGS total 3D towed streamer capacity
Quarter ended
December 31,
Quarter ended September 30,
2012 2011 2012
Contract seismic   47% 67% 46%
MultiClient seismic 28% 8% 42%
Steaming 17% 18% 11%
Yard 8% 7% 1%
Standby 0% 0% 0%


PGS will release its Q4 financial results on Thursday February 14, 2013, at approximately 8:00 am Central European Time (CET). A corresponding presentation, webcast and conference call is scheduled for 9:00 am CET, followed by a conference call at 3:00 pm CET.

FOR DETAILS, CONTACT:
Bård Stenberg, Investor Relations Manager
Phone:   +47 67 51 43 16
Mobile: +47 99 24 52 35

****

Petroleum Geo-Services is a focused marine geophysical company providing a broad range of seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. The company also possesses the world's most extensive multi-client data library. PGS operates on a worldwide basis with headquarters at Lysaker, Norway.

For more information on Petroleum Geo-Services visit www.pgs.com.

****
The information included herein contains certain forward-looking statements that address activities, events or developments that the Company expects, projects, believes or anticipates will or may occur in the future. These statements are based on various assumptions made by the Company, which are beyond its control and are subject to certain additional risks and uncertainties. The Company is subject to a large number of risk factors including but not limited to the demand for seismic services, the demand for data from our multi-client data library, the attractiveness of our technology, unpredictable changes in governmental regulations affecting our markets and extreme weather conditions. For a further description of other relevant risk factors we refer to our Annual Report for 2011. As a result of these and other risk factors, actual events and our actual results may differ materially from those indicated in or implied by such forward-looking statements.The reservation is also made that inaccuracies or mistakes may occur in the information given above about current status of the Company or its business. Any reliance on the information above is at the risk of the reader, and PGS disclaims any and all liability in this respect.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on PETROLEUM GEO-SERVICES ASA
08/11 PETROLEUM GEO SERVICES : Barents Drilling Results Reflected in EM Data
07/31 PETROLEUM GEO SERVICES : Get the Best Data for the UK 30th Licensing Round
07/27 PETROLEUM GEO SERVICES : Second Quarter and First Half 2017 Results
07/27 PETROLEUM GEO-SERVICES ASA : Second Quarter and First Half 2017 Results
07/05 PETROLEUM GEO SERVICES : New Publication on Potential Targets in the Great Austr..
07/03 PETROLEUM GEO SERVICES : Vessel Allocation Q2 2017
06/30 PETROLEUM GEO SERVICES : Conference Call Details for PGS' Second Quarter 2017 Re..
06/30 PETROLEUM GEO-SERVICES ASA : Conference Call Details for PGS' Second Quarter 201..
06/29 PETROLEUM GEO SERVICES : Agreement with Institute of Marine Research for use of ..
06/21 PETROLEUM GEO SERVICES : Implementation of 2017 Employee Long-term Incentive Pla..
More news
News from SeekingAlpha
07/29 Petroleum Geo-Services' (PGSVY) CEO Jon Erik Reinhardsen on Q2 2017 Results -..
07/27 Petroleum Geo-Services ASA ADR reports Q2 results
05/13 Petroleum Geo-Services' (PGSVY) CEO Fred Davidson on Q1 2017 Results - Earnin..
05/11 Petroleum Geo-Services ASA ADR reports Q1 results
02/20 Petroleum Geo-Services' (PGSVY) CEO Jon Erik Reinhardsen on Q4 2016 Results a..
Financials ($)
Sales 2017 834 M
EBIT 2017 -121 M
Net income 2017 -187 M
Debt 2017 1 118 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 2,09x
EV / Sales 2018 1,78x
Capitalization 625 M
Chart PETROLEUM GEO-SERVICES ASA
Duration : Period :
Petroleum Geo-Services ASA Technical Analysis Chart | PGS | NO0010199151 | 4-Traders
Technical analysis trends PETROLEUM GEO-SERVICES ASA
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 3,11 $
Spread / Average Target 67%
EPS Revisions
Managers
NameTitle
Jon Erik Reinhardsen President & Chief Executive Officer
Walter Hafslo Qvam Chairman
Per Arild Reksnes Executive Vice President-Operations
Gottfred Langseth Chief Financial Officer & Executive Vice President
Holly Ann van Deursen Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
PETROLEUM GEO-SERVICES ASA-49.62%625
SCHLUMBERGER NV-24.57%87 668
BAKER HUGHES A GE CO-49.56%37 526
HALLIBURTON COMPANY-27.92%33 984
TENARIS-32.06%15 957
TECHNIPFMC-27.53%12 031