REG-TGS Announces Q3 2026 Results - Correction
TGS reported Q3 2026 revenue of USD 397 million, up from USD 388 million a year earlier, with EBITDA of USD 222 million (including a USD 41 million gain on the sale of its well data business) versus USD 242 million last year. Margins were pressured by operational challenges, higher costs, and low contract pricing, though the order backlog rose 52% YoY to USD 679 million and the streamer fleet is fully booked for Q4. The company cut 2026 multi-client investment guidance to about USD 510 million from USD 550 million, deferred certain projects, declared a USD 0.155 per share dividend, and expects contract pricing to improve from 2027.
Key figures
- Revenue
- 397000000
- Guidance
- 2026 multi-client investments now approximately USD 510 million, down from previous guidance of approximately USD 550 million
- Revenue Yoy
- 2.3%
- Ebit
- 86000000
- Ebitda
- 222000000
- Order inflow
- 357000000
- Order backlog
- 679000000
- Ebit prior year
- 94000000
- Ebitda prior year
- 242000000
- Order backlog yoy
- 52%
- Dividend per share
- 0.155
- Prior year revenue
- 388000000
- Well data sale gain
- 41000000
AI analysis
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