TGS NOPEC (Norway) Today
| TGS Stock | NOK 126.10 0.20 0.16% |
Performance10 of 100
| Odds Of DistressLess than 30
|
TGS NOPEC is selling for 126.10 as of the 24th of April 2024. This is a 0.16 percent increase since the beginning of the trading day. The stock's lowest day price was 126.1. TGS NOPEC has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for TGS NOPEC Geophysical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
TGS-NOPEC Geophysical Company ASA provides geoscientific data products and services to the oil and gas industry worldwide. TGS-NOPEC Geophysical Company ASA was founded in 1981 and is headquartered in Asker, Norway. TGS NOPEC operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. The company has 115.9 M outstanding shares. More on TGS NOPEC Geophysical
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Follow Valuation Odds of Bankruptcy
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TGS Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TGS NOPEC's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TGS NOPEC or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Robert Hobbs |
| Business Concentration | Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) |
TGS NOPEC Geophysical (TGS) is traded on Oslo Stock Exchange in Norway and employs 34 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 20.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TGS NOPEC's market, we take the total number of its shares issued and multiply it by TGS NOPEC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TGS NOPEC Geophysical operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 115.9 M outstanding shares.
TGS NOPEC Geophysical has accumulated about 354.26 M in cash with 317.65 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.47.
Check TGS NOPEC Probability Of Bankruptcy
Ownership AllocationTGS NOPEC Geophysical shows a total of 115.9 Million outstanding shares. Over half of TGS NOPEC's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulations than regular investors in TGS NOPEC Geophysical. Please watch out for any change in the institutional holdings of TGS NOPEC as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check TGS Ownership Details
TGS Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of TGS NOPEC jumping above the current price in 90 days from now is about 8.52%. The TGS NOPEC Geophysical probability density function shows the probability of TGS NOPEC stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon TGS NOPEC Geophysical has a beta of -1.0355. This usually implies Additionally, tGS NOPEC Geophysical has an alpha of 0.3716, implying that it can generate a 0.37 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of TGS NOPEC to move above the current price in 90 days from now is about 8.52 (This TGS NOPEC Geophysical probability density function shows the probability of TGS Stock to fall within a particular range of prices over 90 days) .
TGS NOPEC Geophysical Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. TGS NOPEC market risk premium is the additional return an investor will receive from holding TGS NOPEC long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TGS NOPEC. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TGS NOPEC's alpha and beta are two of the key measurements used to evaluate TGS NOPEC's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.0 | |||
| Semi Deviation | 1.66 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.15 |
TGS Stock Against Markets
Picking the right benchmark for TGS NOPEC stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TGS NOPEC stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TGS NOPEC is critical whether you are bullish or bearish towards TGS NOPEC Geophysical at a given time. Please also check how TGS NOPEC's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TGS NOPEC without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TGS NOPEC Corporate Directors
TGS NOPEC corporate directors refer to members of a TGS NOPEC board of directors. The board of directors generally takes responsibility for the TGS NOPEC's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TGS NOPEC's board members must vote for the resolution. The TGS NOPEC board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Elisabeth Grieg | Independent Director | Profile | |
| Christopher Finlayson | Director | Profile | |
| Tor Lonnum | Independent Director | Profile | |
| Torstein Sanness | Independent Director | Profile |
How to buy TGS Stock?
Before investing in TGS NOPEC, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TGS NOPEC. To buy TGS NOPEC stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TGS NOPEC. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TGS NOPEC stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TGS NOPEC Geophysical stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TGS NOPEC Geophysical stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TGS NOPEC Geophysical, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in TGS NOPEC Geophysical?
The danger of trading TGS NOPEC Geophysical is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TGS NOPEC is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TGS NOPEC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TGS NOPEC Geophysical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TGS NOPEC Geophysical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for TGS Stock analysis
When running TGS NOPEC's price analysis, check to measure TGS NOPEC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TGS NOPEC is operating at the current time. Most of TGS NOPEC's value examination focuses on studying past and present price action to predict the probability of TGS NOPEC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS NOPEC's price. Additionally, you may evaluate how the addition of TGS NOPEC to your portfolios can decrease your overall portfolio volatility.
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