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Last 2.90 NOK
Change Today -0.10 / -3.33%
Volume 154.9K
EMGS On Other Exchanges
Symbol
Exchange
EMGS is not on other exchanges.
As of 10:25 AM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

electromagnetic geoservices (EMGS) Snapshot

Open
3.05 NOK
Previous Close
3.00 NOK
Day High
3.05 NOK
Day Low
2.90 NOK
52 Week High
05/8/14 - 7.48 NOK
52 Week Low
04/20/15 - 2.73 NOK
Market Cap
579.3M
Average Volume 10 Days
601.8K
EPS TTM
0.14 NOK
Shares Outstanding
199.8M
EX-Date
--
P/E TM
2.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for ELECTROMAGNETIC GEOSERVICES (EMGS)

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electromagnetic geoservices (EMGS) Details

Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry worldwide. It is involved in acquisition, processing, modelling, interpretation, and integration of EM data, as well as provision of training services. The company uses its patented EM survey method to help oil and gas companies in their search for hydrocarbons in offshore reservoirs. Electromagnetic Geoservices ASA was founded in 2002 and is headquartered in Trondheim, Norway.

311 Employees
Last Reported Date: 03/19/15
Founded in 2002

electromagnetic geoservices (EMGS) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: 2.3M NOK
Chief Operating Officer and Chief Technical O...
Total Annual Compensation: 2.2M NOK
Executive Vice President of Strategic Develop...
Total Annual Compensation: 2.1M NOK
Executive Vice President of Sales & Marketing
Total Annual Compensation: 1.8M NOK
Compensation as of Fiscal Year 2014.

electromagnetic geoservices (EMGS) Key Developments

Electromagnetic Geoservices ASA Reports Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Capital Expenditures Guidance for the Year 2015

Electromagnetic Geoservices ASA reported consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenues of USD 198.0 million, up from the USD 144.6 million reported in 2013. Profit before income taxes was USD 31.2 million, compared with a loss of USD 13.2 million in 2013. Net profit was USD 25.9 million up from a loss of USD 15.1 million in 2013. Operating profit was USD 28.128 million against operating loss of USD 12.285 million a year ago. Diluted income per share was USD 0.13 against diluted loss per share of USD 0.08 a year ago. Net cash flow from operating activities was USD 31.7 million, down from the USD 51.9 million reported in 2013, although the income before income tax increased from a loss of USD 13.2 million to a profit of USD 31.2 million. The decrease is mainly a result of an increase in trade receivables of USD 34.0 million in 2014, caused by a record-high sales in December 2014. A high proportion of the trade receivables has been collected by the end of February. Purchases of property, plant and equipment was USD 19.835 million against USD 10.707 million a year ago. The company expects capital expenditures of less than USD 20 million in 2015, in addition to multi-client investments.

Electromagnetic Geoservices ASA Enters into Data Licensing Agreement with an Oil Company

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from EMGS' multi- client data library in the Barents Sea. The agreement is worth approximately USD 3 million. The data will be delivered in March 2015 and EMGS will therefore book the full amount as late sales in the first quarter 2015.

Electromagnetic Geoservices ASA Presents at DNB Markets Oil, Offshore & Shipping Conference 2015, Mar-04-2015

Electromagnetic Geoservices ASA Presents at DNB Markets Oil, Offshore & Shipping Conference 2015, Mar-04-2015 . Venue: Oslo, Norway. Speakers: Svein Knudsen, CFO.

 

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EMGS:NO 2.90 NOK -0.10

EMGS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
MultiClient Geophysical ASA 1.01 NOK -0.19
Polarcus Ltd 0.37 NOK -0.01
Seabird Exploration PLC 0.25 NOK -0.01
Spectrum ASA 33.00 NOK +1.00
TGS Nopec Geophysical Co ASA 190.00 NOK +4.50
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Industry Analysis

EMGS

Industry Average

Valuation EMGS Industry Range
Price/Earnings 3.0x
Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 1.4x
TEV/Sales 0.0x
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