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TGS Reports Strong Q3 2025 Asset Utilization and Strategic Investment Shift

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TGS Reports Strong Q3 2025 Asset Utilization and Strategic Investment Shift

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TGS ( (GB:0MSJ) ) has issued an announcement.

TGS reported a stronger-than-expected asset utilization in Q3 2025, with a normalized Ocean Bottom Node crew count of 2.8 and streamer vessel utilization at 73%. This performance was attributed to optimized vessel scheduling and securing more work than anticipated. The company also noted a decrease in multi-client investment to approximately USD 86 million, down from USD 129.4 million in the previous year, indicating a strategic shift in resource allocation.

The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK55.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.

More about TGS

TGS is a leading global provider of energy data and intelligence, offering advanced data technologies and solutions across the energy value chain. The company supports the exploration and production of energy resources worldwide with a comprehensive range of products and insights.

Average Trading Volume: 326,851

Current Market Cap: NOK14.57B

For detailed information about 0MSJ stock, go to TipRanks’ Stock Analysis page.

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