Brief: TGS Proposes Dividend Of $0.155 Per Share To Be Paid In Q1

TGS ASA

20/02/2025 06:04

Feb 20 (Reuters) - TGS ASA  TGS.OL :
    * INCREASED DIVIDEND PAYMENT - USD 0.155 PER SHARE TO BE
PAID IN
Q1 2025
    * Q4 EBIT $90.4 MILLION
    * Q4  NET INCOME USD 38 MILLION
    * OUTLOOK: SHORT-TERM, ENERGY COMPANIES WILL FOCUS ON
ENHANCING 
EFFICIENCY, MAINTAINING CAPITAL DISCIPLINE, LEADING TO FLAT 2025
E&P SPENDING FORECASTS
    * 2025 GUIDANCE: MULTI-CLIENT INVESTMENT OF ABOUT USD
425-475
MILLION, WHEREOF ABOUT 70% IS EXPECTED TO BE  ACQUIRED WITH TGS’
OWN CAPACITY
    * GUIDANCE FOR 2025: CAPITAL EXPENDITURES OF APPROXIMATELY
USD 150
MILLION
    * 2025 GUIDANCE: GROSS OPERATING COST IS TARGETED AT ABOUT
USD
1,050 BEFORE MERGER RELATED COST

Source text:  ID:nGNE4grdrh 
Further company coverage:  TGS.OL 

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