TGS ASA (OSL:TGS) expects about $550M in multi‑client investment for 2026 and H2 costs pointing to a ~$950M annual run‑rate as streamer utilization hits 94% (highest since Q3 2013) with ~2 OBN crews; the firm also declared a Q3 dividend of USD 0.155/share payable 13 Aug 2026.
Previous Week Recap
- TGS Forecasts $550M Investment: TGS ASA forecasts ~$550M multi-client investment in 2026, H2 gross operating costs implying a ~$950M annual run rate, OBN activity ~2 crews, and streamer utilization at 94% (highest since Q3 2013).
- TGS Declares Q3 Dividend: TGS ASA declared Q3 dividend USD 0.155/share (NOK 1.49). Key dates: last day with rights 29 Jul 2026; ex-date 30 Jul; record 31 Jul; payment 13 Aug 2026.
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