Core Viewpoint - TGS, a leading global provider of energy data and intelligence, is set to release its Q4 2025 results on February 12, 2026, at 07:00 a.m. CET, with a public presentation following at 09:00 a.m. CET [1] Group 1 - The Q4 2025 earnings release and presentation will be accessible on TGS's official website and news platforms [2] - CEO Kristian Johansen and CFO Sven Børre Larsen will present the results at Thon Hotel Vika Atrium in Oslo, Norway [1] - The presentation will be webcasted live, allowing broader access for stakeholders [1] Group 2 - TGS specializes in providing advanced data and intelligence to the energy sector, supporting exploration and production activities [3] - The company utilizes cutting-edge technology and a diverse energy data library to assist clients in making informed decisions [3] - TGS is recognized as a trusted partner in the global energy market, offering a comprehensive range of insights across the energy value chain [3]

Core Viewpoint - The comparison between Transportadora De Gas Sa Ord B (TGS) and Williams Companies, Inc. (WMB) indicates that TGS is currently a more attractive option for value investors due to its stronger earnings outlook and better valuation metrics [1][3]. Group 1: Zacks Rank and Earnings Outlook - TGS has a Zacks Rank of 2 (Buy), while WMB has a Zacks Rank of 4 (Sell), suggesting that TGS is likely experiencing a more favorable earnings outlook [3]. - The Zacks Rank system emphasizes companies with positive earnings estimate revisions, which supports TGS's stronger position [3]. Group 2: Valuation Metrics - TGS has a forward P/E ratio of 12.55, significantly lower than WMB's forward P/E of 26.00, indicating that TGS may be undervalued relative to WMB [5]. - TGS's PEG ratio is 1.20, while WMB's PEG ratio is 1.40, further suggesting that TGS offers better value considering its expected earnings growth [5]. - TGS has a P/B ratio of 1.93 compared to WMB's P/B of 4.97, reinforcing TGS's superior valuation metrics [6]. - Based on these valuation figures, TGS has earned a Value grade of B, while WMB has a Value grade of D, highlighting TGS's stronger overall value proposition [6].

Core Insights - TGS has launched APEX 1, a pioneering multi-client long-offset Ocean Bottom Node (OBN) acquisition campaign in the Gulf of America, with node deployment starting in December 2025 and completion expected by late Q2 2026 [1] - APEX 1 sets a new standard for large-scale long-offset multi-client seismic by utilizing a denser node grid and functioning as a stand-alone exploration dataset, independent of streamer seismic coverage [2] - The project is supported by industry funding and aims to create a flexible, future-proof exploration dataset that can be utilized in various geological contexts, enhancing exploration capabilities not only in the Gulf of America but also in other offshore basins globally [4] Technical Advancements - APEX 1 is powered by TGS' Gemini™ enhanced frequency source and incorporates advanced techniques such as Dynamic Matching FWI (DM-FWI), which together improve subsurface resolution, velocity accuracy, and geological confidence [3] - The combination of dense node spacing and ultra-long offsets is designed to significantly enhance imaging workflows, providing a step-change in data quality for exploration and appraisal [3] Company Vision - TGS emphasizes its commitment to innovation in multi-client seismic technology, with APEX 1 reflecting the company's collaborative efforts across various teams to meet customer needs with high-impact solutions [5] - The initiative underscores TGS' dedication to delivering exceptional value and reinforcing its position as a leader in seismic technology, particularly in a market where efficiency and data quality are critical [5]

Core Viewpoint - TGS ASA has reported significant changes in its operational metrics for Q4 2025, indicating a shift in its seismic vessel utilization and multi-client investment, which reflects a strong market position and operational efficiency [1][3]. Operational Metrics - The normalized Ocean Bottom Node (OBN) crew count for Q4 2025 was 0.7 for contracts and 1.0 for multi-client projects, compared to 3.5 and 0.0 respectively in Q4 2024 [1]. - The allocation of active seismic streamer 3D vessel capacity showed a decrease in contract work from 35% in Q4 2024 to 31% in Q4 2025, while multi-client work increased from 31% to 48% [2]. Financial Overview - TGS expects multi-client investment to reach approximately USD 120 million in Q4 2025, up from USD 100.4 million in Q4 2024 [2]. - The company reported a seismic vessel utilization rate of 79% in Q4 2025, an increase from 73% in the previous quarter [3]. - TGS has reduced its net interest-bearing debt to approximately USD 430 million, indicating a stronger balance sheet [3]. Future Outlook - The company has established a portfolio of multi-client projects offshore Brazil, with plans to maintain half of its streamer fleet in the region into 2026 [3]. - TGS will release its Q4 2025 results on February 12, 2026, with a live presentation by the CEO and CFO [3].

Core Viewpoint - The comparison between Transportadora De Gas Sa Ord B (TGS) and Williams Companies, Inc. (WMB) indicates that TGS offers better value for investors based on its stronger earnings estimate revisions and more attractive valuation metrics [1][3][7] Group 1: Zacks Rank and Earnings Estimates - TGS has a Zacks Rank of 2 (Buy), while WMB has a Zacks Rank of 3 (Hold), suggesting that TGS has a more favorable analyst outlook [3] - The Zacks Rank strategy focuses on companies with positive earnings estimate revision trends, which TGS currently exhibits [2] Group 2: Valuation Metrics - TGS has a forward P/E ratio of 16.15, significantly lower than WMB's forward P/E of 28.48, indicating that TGS may be undervalued [5] - TGS has a PEG ratio of 1.54, while WMB's PEG ratio is 1.62, suggesting TGS has a more favorable growth valuation [5] - TGS's P/B ratio is 2.09 compared to WMB's P/B of 4.96, further supporting TGS's superior valuation metrics [6] Group 3: Value Grades - TGS has earned a Value grade of B, while WMB has a Value grade of D, highlighting TGS's stronger position in terms of value investing [6][7]

Core Insights - TGS has secured a multi-year enterprise agreement with a supermajor for the licensing of its Imaging AnyWare software suite, enhancing its position in geophysical technology innovation and commercial seismic processing software [1][2] Company Developments - The agreement signifies TGS' growing community of supermajor clients, reflecting confidence in the functionality of the Imaging AnyWare software [2] - The supermajor will implement the Imaging AnyWare software across its global exploration and production operations, which includes collaborative R&D opportunities and integration of proprietary technology [2] Industry Context - TGS provides advanced data and intelligence solutions across the energy value chain, supporting exploration and production of energy resources globally [3]

Core Insights - TGS has secured a 4D streamer contract in the Campos basin, offshore Brazil, with a survey scheduled for the second half of 2026 lasting approximately 75 days [1][2]. Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain [3]. - The company utilizes proprietary GeoStreamer technology and purpose-built Ramform vessels to deliver high-quality data for optimizing production in the energy sector [2][3]. Contract Details - The awarded contract is for an independent energy company in Brazil, emphasizing TGS's capability to maintain industry-leading acquisition efficiency [2]. - The mobilization of the Ramform vessel for the survey is planned for the latter half of 2026 [1].

Core Viewpoint - Transportadora De Gas Sa Ord B (TGS) is showing potential as a bullish investment opportunity due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - TGS's 50-day simple moving average has crossed above its 200-day simple moving average, indicating a potential bullish breakout [1] - A golden cross signifies a positive trend reversal, starting from a price decline, followed by the shorter moving average crossing above the longer one, and maintaining upward momentum [2] Performance Metrics - Over the past four weeks, TGS has experienced an 8.4% gain [3] - The company currently holds a 3 (Hold) rating on the Zacks Rank, suggesting it may be poised for a breakout [3] Earnings Outlook - TGS has a positive earnings outlook for the current quarter, with no earnings estimates decreasing in the past two months and one revision higher [3] - The Zacks Consensus Estimate for TGS has also increased, reinforcing the bullish case for the stock [3] Investment Consideration - Investors are encouraged to consider adding TGS to their watchlist due to the significant technical indicator and the positive movement in earnings estimates [5]

Core Insights - TGS has secured its first OBN contract for the 2026 season in Europe, with mobilization scheduled for early May 2026 and a contract duration of approximately 60 days [1][2]. Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced data technologies and solutions across the entire energy value chain [3]. - The company aims to build a robust acquisition campaign in Europe, capitalizing on several tenders for OBN projects planned for 2026 [2][3]. Technology and Execution - TGS's OBN technology has been recognized by a valued repeat customer, highlighting the company's proven track record in project execution and ability to deliver high-quality data on time [2].

Core Insights - TGS has secured a five-year extension of contracts for Permanent Reservoir Monitoring (PRM) and 4D Ocean Bottom Node (OBN) surveys with a major international energy company, lasting until 2030 with options for an additional five years [1][2] Company Overview - TGS is a leading provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain, which supports exploration and production of energy resources globally [3] CEO Commentary - The CEO of TGS expressed satisfaction with the contract renewal, highlighting that it ensures continuity in PRM and source business, and emphasizes the high quality and cost-effectiveness of their seismic services [2]