CGG is a global participant in the geophysical seismic industry. Co. manufactures geophysical equipment and provides marine, land, and airborne data acquisition services. Co. also provides geosciences services, including data imaging, seismic data characterization, geosciences and petroleum engineering consulting services, and collecting, developing and licensing geological data. Co.'s clients are in oil and gas exploration and production industies. Co. divides its activities into four segments: Equipment, Contractual Data Acquisition, Geology, Geophysics and Reservoir (GGR), and Non-Operated Resources, including eight business lines, six Corporate functions, and four Group Departments.
  • TickerCGG
  • ISINFR0013181864
  • ExchangeEuronext Paris
  • SectorOil Equipment, Services & Distribution
  • CountryFrance

Analysts

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 03/08/2019 Date Performance since listing Date Performance since listing

Sixt Leasing, an independent player in the German vehicle leasing and fleet management market, stands out for its strong momentum in the online retail and fleet management segments and its capacity to handle the diesel risk effectively. These strengths should pave the way for buoyant growth over the coming years (2018-2021e CAGR of +8% for revenue and 15% for pre-tax profit) and a rerating of the stock (target price € 18.1, i.e. 34% upside). We are initiating coverage of the stock wit...

Jean-François Granjon

CGG : Full-year results largely impacted by the new strategic plan

>Publication of full-year earnings - CGG has published full-year earnings which reflect the new strategic plan with significant non-recurring items leading to a net operating loss of -$ 180m and a net loss of -$ 96m. Note that these results are difficult to read because, as of Q4 2018, the group books “data acquisition” as a discontinued activity. Full-year sales were $ 1,227.4m, representing a 19% increase vs last year.2019 targets below our estimates - §...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 08/03/2019

Sixt Leasing, acteur indépendant du marché allemand du leasing de véhicules et de gestion de flottes, se distingue par sa forte dynamique sur les segments Online Retail et Fleet Management, ainsi que par sa capacité à gérer efficacement le risque diesel. Ces atouts se traduiront par une croissance soutenue sur les prochaines années (TMVA18-21e CA : +8% ; RCAI : 15%) et par une revalorisation du titre (OC 18.1 €, soit un potentiel de 34%). Nous initions la couverture avec une opinion A...

Jean-François Granjon

CGG : Des résultats annuels largement impactés par le nouveau plan stratégique

>Publication des résultats annuels - CGG publie des résultats annuels qui sont le reflet du nouveau plan stratégique avec d’importants éléments non récurrents qui in fine se traduisent par un RO de -180 M$ et une perte nette de -96 M$. Notons que ces résultats sont difficiles à interpréter alors qu’à compter du T4 2018, le groupe traite « l’Acquisition de données » en activités abandonnées. Le CA annuel ressort à 1 227.4 M$ et traduit une hausse de 19% par rapport à l...

Jean-François Granjon

CGG : Full-year results largely impacted by the new strategic plan

>Publication of full-year earnings - CGG has published full-year earnings which reflect the new strategic plan with significant non-recurring items leading to a net operating loss of -$ 180m and a net loss of -$ 96m. Note that these results are difficult to read because, as of Q4 2018, the group books “data acquisition” as a discontinued activity. Full-year sales were $ 1,227.4m, representing a 19% increase vs last year.2019 targets below our estimates - §...

Jean-François Granjon

CGG : Des résultats annuels largement impactés par le nouveau plan stratégique

>Publication des résultats annuels - CGG publie des résultats annuels qui sont le reflet du nouveau plan stratégique avec d’importants éléments non récurrents qui in fine se traduisent par un RO de -180 M$ et une perte nette de -96 M$. Notons que ces résultats sont difficiles à interpréter alors qu’à compter du T4 2018, le groupe traite « l’Acquisition de données » en activités abandonnées. Le CA annuel ressort à 1 227.4 M$ et traduit une hausse de 19% par rapport à l...

Jon Masdal

Shearwater becomes a leading player

Shearwater announced this morning the award of three 4D jobs with Equinor. Along with the multi-client job with TGS in Brazil and OBN jobs in the North Sea the company will return five of the former WesternGeco vessels in the coming months. With this we believe that the company has proven its ability to secure contracts on attractive terms and that it is becoming a leading player in the seismic contract market.

Martin Huseby Karlsen

Cash flow helped by working capital

Last week, four oil majors reported Q4 results, with the remaining four to report this week and next. Similar to Q3, the reported Q4 cash flows were strong, helped by positive working capital and a high oil price (average USD67/bbl). For oil services, we consider it positive that E&Ps continue to generate excess cash flow, but highlight that their communications remain focused on capital discipline and shareholder distributions. Coupled with the oil price being down from the Q4 average, this leaves us maintaining our flattish offshore E&P spending forecast for 2019, which is more cautious than...

Martin Huseby Karlsen

Time to be constructive

Following emergence from Chapter 11 in November and successful recapitalisation, the post-restructuring equity in Pacific Drilling commenced regular trading in December. With thin backlog coverage, we expect the company to actively seek contracts and put rigs back to work. Current market dayrates do not allow for any meaningful EBITDA contribution and we forecast soft earnings going forward. Still, supported by our NAV and a peer group valuation, we have a BUY recommendation on the stock with a USD18 target price.

1 director bought

A director at Compagnie Generale De Geophysique bought 130,604 shares at 1.450EUR and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules....

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 03/08/2019 Date Performance since listing Date Performance since listing

Sixt Leasing, an independent player in the German vehicle leasing and fleet management market, stands out for its strong momentum in the online retail and fleet management segments and its capacity to handle the diesel risk effectively. These strengths should pave the way for buoyant growth over the coming years (2018-2021e CAGR of +8% for revenue and 15% for pre-tax profit) and a rerating of the stock (target price € 18.1, i.e. 34% upside). We are initiating coverage of the stock wit...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 08/03/2019

Sixt Leasing, acteur indépendant du marché allemand du leasing de véhicules et de gestion de flottes, se distingue par sa forte dynamique sur les segments Online Retail et Fleet Management, ainsi que par sa capacité à gérer efficacement le risque diesel. Ces atouts se traduiront par une croissance soutenue sur les prochaines années (TMVA18-21e CA : +8% ; RCAI : 15%) et par une revalorisation du titre (OC 18.1 €, soit un potentiel de 34%). Nous initions la couverture avec une opinion A...

Jon Masdal ...
  • Nicolay Dyvik
  • Ole-Andreas Krohn
  • Patrik Ling

Northern Lights

Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Johanna Jourdain
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 11/22/2018

...

Alexandre Iatrides ...
  • Antoine Boivin-Champeaux
  • Fatma Agnès Hamdani
  • Jean-François Granjon
  • Johanna Jourdain
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 22/11/2018

...

CGG SA (CGG) - Oil & Gas - Deals and Alliances Profile

Summary CGG S.A. (CGG) is an integrated geoscience service company. It provides a wide range of data acquisition, processing, and interpretation services. The company also provides related imaging and interpretation software to clients in the oil and gas exploration and production business. CGG offers a full range of geophysical equipment, including seismic recording equipment, software and seismic sources for land or marine. It markets seismic data processing and reservoir characterization software through the geovation, Hampson-Russell, and Jason brands; and collects, develops, and licenses...

CGG - Assemblée générale des actionnaires du 15 mai 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Matthieu DRIOL

Short term view - CGG : The trend is bearish.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €1.952. The bearish trend would be challenged above €3.578.

Matthieu DRIOL

Analyse court terme - CGG : La tendance est baissière.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 1,952 €. La tendance baissière serait remise en cause au-dessus de 3,578 €.

Matthieu DRIOL

Short term view - CGG : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €1.952, then €1.700. Passing €3.578 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - CGG : La tendance est baissière.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 1,952 €, puis 1,700 €. Le franchissement de 3,578 € remettrait en cause la suite de la baisse.

Valérie GASTALDY

Analyse moyen terme - CGG : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 2,000 €, puis 1,295 €. Le franchissement de 4,100 € remettrait en cause la suite de la baisse.

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