Q3 results after the “positive warning” of 12 October: - revenues at $224m (stable yoy), thanks to MultiClient; - EBITDA at $113m (-2% yoy). The net loss was $29m (-$110m in Q3 15, which included $65m impairments). The order book stood at $190m (down from $230m in Q2 16 and $245m in Q3 15). Outlook 2016: - PGS cash costs at c. $675m (vs. $700m previously); capex at $215m (o/w $165m for new builds, Ramform Thetys and Hyperion), vs. $225m previously; 40% of active 3D fle
27 Oct 2016
Q3 driven by MultiClient but difficult winter in Contract
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Q3 driven by MultiClient but difficult winter in Contract
Q3 results after the “positive warning” of 12 October: - revenues at $224m (stable yoy), thanks to MultiClient; - EBITDA at $113m (-2% yoy). The net loss was $29m (-$110m in Q3 15, which included $65m impairments). The order book stood at $190m (down from $230m in Q2 16 and $245m in Q3 15). Outlook 2016: - PGS cash costs at c. $675m (vs. $700m previously); capex at $215m (o/w $165m for new builds, Ramform Thetys and Hyperion), vs. $225m previously; 40% of active 3D fle