LYSAKER (OSLO), Norway, July 30, 2014 (GLOBE NEWSWIRE) -- Gottfred Langseth, Executive Vice President & CFO of Petroleum Geo-Services ASA ("PGS" or "the Company"), has on July 30, 2014 bought 15 000 shares in PGS at a price of NOK 53.80 per share. Following the transaction, Gottfred Langseth owns 61 190 shares in PGS. Gottfred Langseth also holds 45 000 unexercised employee stock options in the Company, corresponding to [...]
Clear Strategic Direction and Technological Edge Near Term Challenges LYSAKER (OSLO), Norway, July 24, 2014 (GLOBE NEWSWIRE) -- Highlights Q2 2014 Revenues of $337.0 million, compared to $381.7 million in Q2 2013 EBITDA of $170.6 million, compared to $209.6 million in Q2 2013 EBIT, excluding impairments, of $55.3 million, compared to $110.6 million in Q2 2013 Group EBIT margin, excluding impairments, of 16 [...]
Soft Quarter as Guided - Strong Cash Flow Full Year Guidance Reiterated LYSAKER (OSLO), Norway, May 9, 2014 (GLOBE NEWSWIRE) -- Highlights Q1 2014 Revenues of $292.5 million, compared to $394.8 million in Q1 2013 EBITDA of $138.5 million, compared to $202.3 million in Q1 2013 EBIT of $45.2 million, compared to $96.8 million in Q1 2013 Group EBIT margin of 15%, compared to 25% in Q1 2013 Cash flow from operations [...]
Soft Quarter as Guided - Strong Cash Flow Full Year Guidance Reiterated
Highlights Q1 2014 * Revenues of $292.5 million, compared to $394.8 million in Q1 2013 * EBITDA of $138.5 million, compared to $202.3 million in Q1 2013 * EBIT of $45.2 million, compared to $96.8 million in Q1 2013 * Group EBIT margin of 15%, compared to 25% in Q1 2013 * Cash flow from operations of $182.1 million [...]
LYSAKER (OSLO), Norway, Feb. 13, 2014 (GLOBE NEWSWIRE) -- Improved Profitability Highlights 2013 Revenues of $1,501.6 million, down 1% from 2012 EBITDA of $828.9 million, up 7% from 2012 EBIT of $382.1 million, up 30% from 2012 Group EBIT margin of 25%, up from 19% in 2012 Cash flow from operations of $775.3 million, up 3% from 2012 EPS of $1.11, up 29% from 2012 Record MultiClient late sales revenues [...]
Petroleum Geo-Services today announced that their November 14th Deutsche Bank Depositary Receipts Virtual Investor Conference presentation is now available for on-demand viewing. PGS' presentation will be available 24/7 for 90 days in "Presentations." Investors may also download shareholder materials from the virtual trade booth in "Exhibits."...
Company invites individual retail investors, institutional investors and analysts to attend the interactive virtual conference NEW YORK, Nov. 12, 2013 /CNW/ - Petroleum Geo-Services ASA, (OSE: PGS, OTC Pink: PGSVY) based in Norway today announced that Bard Stenberg, Head of IR will present at the Deutsche Bank Depositary Receipts Virtual Investor Conference. This is the fourth virtual investor conference aimed at [...]
Highlights Q3 2013 * Order book of $579 million, up 30% from Q2 2013 * Revenues of $365.6 million, compared to $388.3 million in Q3 2012 * EBITDA of $216.0 million, compared to $222.1 million in Q3 2012 * EBIT of $108.3 million, compared to $110.9 million in Q3 2012 * Group EBIT margin of 30% * MultiClient pre-funding was 90% of capitalized cash [...]
Highlights Q2 2013 * Revenues of $381.7 million, compared to $404.8 million in Q2 2012 * EBIT of $110.6 million, up 28% from Q2 2012 * Group EBIT margin of 29%, up from 21% in Q2 2012 * EBITDA of $209.6 million, compared to $246.2 million in Q2 2012 * Net cash provided by operating activities of $271.3 million, up 54% from Q2 2012 * Record Q2 MultiClient late sales [...]
Highlights Q1 2013 · Revenues of $394.8 million, up 8% from Q1 2012 · EBITDA of $202.3 million, up 39% from Q1 2012 · EBIT of $96.8 million, up 170% from Q1 2012 · Group EBIT margin of 25%, up from 10% in Q1 2012 · Ramform Titan namin ...