- TGS Nopec Geophysical press release ( OTCPK:TGSNF ): Q2 EBITDA of $197M.
- Revenue of $230M (+219.4% Y/Y).
- “Q2 2022 was another solid quarter with late sales increasing 222%, driven by a further improvement of activity in frontier areas and transfer fees. With a quarter-end cash balance of approximately USD 255 million in addition to an undrawn revolving credit facility of USD 100 million, we have a solid financial position that can comfortably fund the exciting M&A transactions recently announced,” says Kristian Johansen, CEO of TGS.
For further details see:
TGS Nopec Geophysical reports Q2 results