OSLO, Norway (23 October 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned a ‘BB-‘ rating from S&P with stable outlook. S&P’s rating on TGS ASA reflects the company’s conservative financial policies and relatively strong credit measures after the transformative acquisition of PGS. S&P is raising their issuer credit rating on TGS Newco (formerly PGS ASA) and its USD 450 million senior secured notes by three and two notches respectively, from ‘B-‘ to ‘BB-‘ and from ‘B’ to ‘BB-‘ ...

Core Insights - TGS ASA has been assigned a Ba3 rating with a stable outlook by Moody's [1] - The USD 450 million backed senior secured notes, originally issued by Petroleum Geo-Services AS, have been upgraded from B2 to Ba3 [1] Company Overview - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [2] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a global and diverse energy data library [2]

Core Viewpoint - TGS, a leading global provider of energy data and intelligence, will have CEO Kristian Johansen present at the Barclays CEO Energy-Power Conference in New York City on September 3, 2024 [1] Company Information - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [1] - The company offers a comprehensive range of insights to assist clients in making informed decisions [1] - TGS boasts a broad range of products and advanced data technologies, supported by a global and diverse energy data library, establishing itself as a trusted partner in energy resource exploration and production worldwide [1] Event Details - The presentation will begin at 3:00 p.m. EDT on September 3, 2024, with a live audio cast available on the TGS website [1] - Presentation materials will be published on the TGS website at 07:00 a.m. CEST on the same day [1]

H 11 L B TH the E 0 the t in I t t 11 # onurdongel This article analyzes Transportadora de Gas del Sur S.A. (NYSE:TGS) 2Q24 results and earnings call. It also reviews the company's valuation compared to its future earnings potential. The main point from 2Q24 earnings is the impressive effect of the tariff adjustment of 700% (in Argentinian pesos) for the transportation segment. This segment, which was generally a breakeven business for TGS, printed close to ARS 70 billion (about $55 million depending on the ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Transportadora De Gas Ord B (TGS) as a strong candidate for value investors due to its favorable financial metrics and strong earnings outlook [2][7]. Company Analysis - Transportadora De Gas Ord B (TGS) has a Zacks Rank of 1 (Strong Buy) and an A grade for Value, indicating it is currently considered a top value stock [4]. - The stock is trading at a P/E ratio of 10.93, significantly lower than the industry average P/E of 15.70, suggesting it may be undervalued [4]. - TGS's Forward P/E has fluctuated between 54.87 and 10.93 over the past year, with a median of 16.37, indicating volatility but also potential for growth [4]. - The company has a P/B ratio of 1.49, which is lower than the industry average P/B of 1.90, further supporting the notion of undervaluation [5]. - TGS's P/B ratio has ranged from 0.56 to 1.90 in the past 12 months, with a median of 1.03, showing a solid position relative to its book value [5]. - The P/S ratio for TGS is 2.51, which is comparable to the industry average P/S of 2.52, indicating that revenue performance is in line with industry standards [6]. Investment Outlook - The combination of TGS's favorable financial ratios and strong earnings outlook positions it as one of the market's strongest value stocks, appealing to value investors [7].

Group 1 - An Extraordinary General Meeting of TGS ASA was held on 25 July 2024 [1] - All resolutions proposed during the meeting were approved by the shareholders [1] - The minutes from the Extraordinary General Meeting are available on the company's website [2]

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Another valuation metric that we should highlight is TGS's P/B ratio of 1.64. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B o ...

Core Insights - TGS has entered into a global multi-year agreement with Shell for licensing the TGS Imaging AnyWare software suite, indicating a strategic collaboration aimed at enhancing data processing and analytical capabilities for clients [1][5] - Shell will transition from its in-house software to TGS Imaging AnyWare, which is recognized for its efficiency, flexibility, and usability, validating the software's excellence [2][3] - The partnership aims to continuously improve the performance of Imaging AnyWare while reducing project turnaround time and costs [5] Company Overview - TGS is a global provider of energy data and intelligence, offering advanced technology and solutions across the entire energy value chain [6] - The company provides a comprehensive range of insights to assist clients in making informed decisions regarding energy resource exploration and production [6]

The minutes from the Annual General Meeting are available on www.tgs.com. Sven Børre Larsen Chief Financial Officer investor@tgs.com TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. All statements in this press release other than statements of historical fact are forward-look ...

Core Insights - TGS ASA has begun trading on OTCQX under the symbols "TGSNF" and "TGSGY," aiming to enhance recognition and engagement among U.S. investors [1][5] - The upgrade to OTCQX from the Pink market signifies TGS ASA's commitment to high financial standards and best practice corporate governance [2][6] - TGS ASA provides a comprehensive range of energy data and intelligence services, including seismic data, wind energy data, and advanced analytics [2] Company Overview - TGS ASA is a leading provider of energy data and intelligence, offering the world's largest global energy data library [2] - The company has recently acquired Magseis Fairfield, positioning itself as the world's leading OBN (Ocean Bottom Node) provider [2] - TGS ASA specializes in various services, including data management and cloud-based applications [2] Market Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, with TGS ASA qualifying for the OTCQX Best Market [3][5] - The OTCQX Market is designed for companies seeking to provide transparent trading for U.S. investors, allowing them to utilize home market reporting [6]