Last 41.95 NOK
Change Today +1.95 / 4.88%
Volume 4.1M
PGS On Other Exchanges
Symbol
Exchange
OTC US
OTC US
Oslo
Stockholm
Frankfurt
As of 10:25 AM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for petroleum geo-services (PGS)

Year over year, Petroleum Geo-Services ASA has seen revenues remain relatively flat ($1.5B USD to $1.5B USD), though the company was able to grow net income from $185.5M USD to $238.3M USD. A reduction in the percentage of sales devoted to cost of goods sold from 42.31% to 38.02% was a key component in the bottom line growth in the face of flat revenues.
Currency in
Millions of US Dollars
As of:Dec 31
2010
Restated
Dec 31
2011
Restated
Dec 31
2012
Restated
Dec 31
2013
4 Year
Trend
Revenues1,135.11,253.31,518.31,501.6
TOTAL REVENUES1,135.11,253.31,518.31,501.6
Cost of Goods Sold581.9643.4642.4570.9
GROSS PROFIT553.2609.9875.9930.7
Selling General & Admin Expenses, Total56.050.861.463.1
R&D Expenses21.824.338.338.7
Depreciation & Amortization, Total331.8395.4473.2422.4
Other Operating Expenses---4.4-1.1-0.7
OTHER OPERATING EXPENSES, TOTAL409.6466.1571.8523.5
OPERATING INCOME143.6143.8304.1407.2
Interest Expense-47.0-42.2-37.8-32.3
Interest and Investment Income5.77.63.61.6
NET INTEREST EXPENSE-41.3-34.6-34.2-30.7
Income (Loss) on Equity Investments-10.2-12.4-4.2-14.3
Currency Exchange Gains (Loss)0.9-10.3-7.3-7.6
Other Non-Operating Income (Expenses)-13.7-12.6-12.2-1.6
EBT, EXCLUDING UNUSUAL ITEMS79.473.9246.2353.0
Gain (Loss) on Sale of Investments5.5------
Other Unusual Items, Total-93.5-10.8-17.8-25.1
Other Unusual Items-1.2-5.7-7.5--
EBT, INCLUDING UNUSUAL ITEMS-8.663.1228.4327.9
Income Tax Expense13.930.042.989.6
Minority Interest in Earnings-0.1------
Earnings from Continuing Operations-22.533.1185.5238.3
EARNINGS FROM DISCOUNTINUED OPERATIONS8.50.6----
NET INCOME-14.033.7185.5238.3
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-14.033.7185.5238.3
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-22.633.1185.5238.3
 

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PGS:NO 41.95 NOK +1.95

PGS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dolphin Group AS 2.94 NOK -0.03
ION Geophysical Corp $2.71 USD +0.22
Polarcus Ltd 0.63 NOK -0.02
SAExploration Holdings Inc $4.10 USD +0.0068
TGS Nopec Geophysical Co ASA 157.20 NOK +7.10
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Industry Analysis

PGS

Industry Average

Valuation PGS Industry Range
Price/Earnings 15.8x
Price/Sales 0.8x
Price/Book 0.6x
Price/Cash Flow 2.3x
TEV/Sales NM Not Meaningful
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