CGG - CGG Stock Price, News & Analysis

$4.28 -0.13 (-2.95 %)
(As of 11/23/2017 08:01 AM ET)
Previous Close$4.41
Today's Range$4.28 - $4.33
52-Week Range$3.26 - $16.25
Volume700 shs
Average Volume6,869 shs
Market Capitalization$97.61 million
P/E RatioN/A
Dividend YieldN/A
Beta2.34

About CGG (NYSE:CGG)

CGG logoCGG SA (CGG) is a manufacturer of geophysical equipment. The Company provides marine, land and airborne data acquisition services, as well as a range of other geoscience services, including data imaging, geoscience and petroleum engineering consulting services, and collecting, developing and licensing geological data. Its segments include Contractual Data Acquisition; Geology, Geophysics & Reservoir (GGR); Equipment, and Non-Operated Resources. The Contractual Data Acquisition includes marine, and land and multi-physics. Its GGR segment includes the Multi-client business line and the Subsurface Imaging and Reservoir business lines (processing and imaging of geophysical data, reservoir characterization, geophysical consulting and software services, geological data library and data management solutions). The Equipment segment consists of its manufacturing and sales activities for seismic equipment. It operates through Saturno, a multi-client survey over Santos Basin Offshore Brazil.


Industry, Sector and Symbol

Industry Oil Related Services
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:CGG
  • Previous Symbol: NYSE:CGV
  • CUSIPN/A

    Debt

    Debt-to-Equity Ratio0.09%
    Current Ratio0.38%
    Quick Ratio0.30%

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual Sales$1.20 billion
    Price / Sales0.08
    Cash Flow$4.16 per share
    Price / Cash1.03
    Book Value$27.99 per share
    Price / Book0.15

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPS($32.40)
    Net Income$-573,400,000.00
    Net Margins-57.48%
    Return on Equity-80.57%
    Return on Assets-15.78%

    Miscellaneous

    Employees5,766
    Outstanding Shares22,130,000

    Frequently Asked Questions for CGG (NYSE:CGG)

    What is CGG's stock symbol?

    CGG trades on the New York Stock Exchange (NYSE) under the ticker symbol "CGG."

    When did CGG's stock split? How did CGG's stock split work?

    Shares of CGG reverse split before market open on Wednesday, July 20th 2016. The 1-32 reverse split was announced on Friday, June 3rd 2016. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 19th 2016. An investor that had 100 shares of CGG stock prior to the reverse split would have 3 shares after the split.

    How were CGG's earnings last quarter?

    CGG (NYSE:CGG) posted its quarterly earnings results on Friday, March, 20th. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.19. CGG had a negative return on equity of 80.57% and a negative net margin of 57.48%. View CGG's Earnings History.

    When will CGG make its next earnings announcement?

    CGG is scheduled to release their next quarterly earnings announcement on Friday, March, 2nd 2018. View Earnings Estimates for CGG.

    Who are some of CGG's key competitors?

    Who are CGG's key executives?

    CGG's management team includes the folowing people:

    • Remi Dorval, Independent Chairman of the Board (Age 66)
    • Jean-Georges Malcor, Chief Executive Officer, Member of the Executive Committee, Director (Age 61)
    • Stephane-Paul Frydman, Group Chief Financial Officer
    • Pascal Rouiller, Chief Operating Officer
    • Sophie Zurquiyah-Rousset, Chief Operating Officer (Age 48)
    • Don Pham, Executive Vice President of Research & Development and Technology, Member of the Executive Committee
    • Olivier Gouirand, Executive Vice President of GOE, Internal Audit, Risk Management, HSE and SD, Member of the Executive Committee
    • Beatrice Place-Faget, Executive Vice President, Group General Counsel, General Secretary, Member of the Executive Committee
    • Christophe Barnini, Executive Vice President of Geomarkets, Sales & Marketing and Group Communications, Member of the Executive Committee
    • David Dragone, Executive Vice President of Human Resources

    How do I buy CGG stock?

    Shares of CGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

    What is CGG's stock price today?

    One share of CGG stock can currently be purchased for approximately $4.28.

    How big of a company is CGG?

    CGG has a market capitalization of $97.61 million and generates $1.20 billion in revenue each year. The oil and gas company earns $-573,400,000.00 in net income (profit) each year or ($32.40) on an earnings per share basis. CGG employs 5,766 workers across the globe.

    How can I contact CGG?

    CGG's mailing address is TOUR MAINE MONTPARNASSE 33 AVENUE DU MAINE, PARIS I0, 75015. The oil and gas company can be reached via phone at 33-01-64-67-45-00 or via email at [email protected]


    MarketBeat Community Rating for CGG (CGG)

    Community Ranking:  1.4 out of 5 (star)
    Outperform Votes:  73 (Vote Outperform)
    Underperform Votes:  182 (Vote Underperform)
    Total Votes:  255
    MarketBeat's community ratings are surveys of what our community members think about CGG and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

    Analyst Ratings

    Analysts' Consensus Rating for CGG (NYSE:CGG)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
    Consensus Rating:N/A (Score: NaN)
    Analysts' Consensus Price Target: N/A

    Consensus Price Target History for CGG (NYSE:CGG)

    Price Target History for CGG (NYSE:CGG)

    Analysts' Ratings History for CGG (NYSE:CGG)

    Show:
    DateFirmActionRatingPrice TargetImpact on Share PriceDetails
    9/19/2016Credit Suisse GroupInitiated CoverageUnderperformN/AView Rating Details
    4/8/2016Societe GeneraleUpgradeHold -> BuyN/AView Rating Details
    (Data available from 11/23/2015 forward)

    Earnings

    Earnings History and Estimates Chart for CGG (NYSE:CGG)

    Earnings by Quarter for CGG (NYSE:CGG)

    Earnings History by Quarter for CGG (NYSE CGG)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    3/2/2018        
    7/28/20176/30/2017($4.48)($7.64)$349.80 millionViewN/AView Earnings Details
    3/3/201712/31/2016($3.26)($12.61)$328.30 millionViewN/AView Earnings Details
    11/8/20169/30/2016($3.04)($3.95)$264.00 millionViewListenView Earnings Details
    11/5/2015Q3($0.40)($0.61)$482.00 million$469.80 millionViewN/AView Earnings Details
    5/6/2015Q2($0.03)($0.35)$663.00 million$569.50 millionViewListenView Earnings Details
    3/20/2015$0.04($0.15)ViewN/AView Earnings Details
    2/26/2015Q4$0.04($0.56)$829.00 million$906.20 millionViewN/AView Earnings Details
    11/6/2014Q3 2014$0.04($0.30)$784.00 million$693.90 millionViewN/AView Earnings Details
    8/1/2014Q2 2014($1.85)$689.10 millionViewN/AView Earnings Details
    11/5/2012Q312$0.36$0.29$887.00 million$855.00 millionViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for CGG (NYSE:CGG)
    Current Year EPS Consensus Estimate: $-15.01 EPS
    Next Year EPS Consensus Estimate: $-9.67 EPS

    Dividends

    Dividend History for CGG (NYSE:CGG)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    Insider Trading History for CGG (NYSE CGG)
    No insider trades for this company have been tracked by MarketBeat.com

    Headlines

    Latest Headlines for CGG (NYSE CGG)

    Source:
    DateHeadline
    CGG: The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on ... - GlobeNewswire (press release)CGG: The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on ... - GlobeNewswire (press release)
    globenewswire.com - November 21 at 10:21 PM
    CGG: Announces Availability of over 35000 sq km of Broadband High-Resolution Images across the Northern Viking ... - GlobeNewswire (press release)CGG: Announces Availability of over 35000 sq km of Broadband High-Resolution Images across the Northern Viking ... - GlobeNewswire (press release)
    globenewswire.com - November 21 at 10:21 PM
    CGG: The Commercial Court of Paris indicated that...CGG: The Commercial Court of Paris indicated that...
    www.benzinga.com - November 21 at 4:15 AM
    BRIEF-Paris Commercial Court to rule on CGG restructuring plan on Dec. 1BRIEF-Paris Commercial Court to rule on CGG restructuring plan on Dec. 1
    www.reuters.com - November 21 at 4:15 AM
    CGG: The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on December 1, 2017CGG: The Commercial Court of Paris indicated that it would render its judgement on the draft safeguard plan on December 1, 2017
    finance.yahoo.com - November 21 at 4:15 AM
    CGG: Announces Availability of over 35,000 sq km of Broadband High-Resolution Images across the Northern Viking GrabenCGG: Announces Availability of over 35,000 sq km of Broadband High-Resolution Images across the Northern Viking Graben
    finance.yahoo.com - November 21 at 4:15 AM
    CORRECTION: CGG : Monthly information relating to the number of voting rights and shares issuedCORRECTION: CGG : Monthly information relating to the number of voting rights and shares issued
    finance.yahoo.com - November 20 at 6:13 PM
    BRIEF-CGG says the general meeting of shareholders has approved the financial restructuring planBRIEF-CGG says the general meeting of shareholders has approved the financial restructuring plan
    www.reuters.com - November 13 at 10:57 PM
    CGGs (CGG) CEO Jean-Georges Malcor on Q3 2017 Results - Earnings Call TranscriptCGG's (CGG) CEO Jean-Georges Malcor on Q3 2017 Results - Earnings Call Transcript
    seekingalpha.com - November 13 at 10:57 PM
    CGG: The general meeting of shareholders has approved the financial restructuring planCGG: The general meeting of shareholders has approved the financial restructuring plan
    feeds.benzinga.com - November 13 at 9:50 AM
    CGG : CGG Announces its 2017 Third Quarter ResultsCGG : CGG Announces its 2017 Third Quarter Results
    feeds.benzinga.com - November 13 at 3:21 AM
    CGG: Suspension of trading shares request on November 13 2017 - GlobeNewswire (press release)CGG: Suspension of trading shares request on November 13 2017 - GlobeNewswire (press release)
    globenewswire.com - November 10 at 10:03 AM
    CGG: Suspension of trading shares request on November 13 2017CGG: Suspension of trading shares request on November 13 2017
    feeds.benzinga.com - November 10 at 2:55 AM
    CGG: The Commercial court of Paris set on November 20, 2017 the date of the hearing to examine the draft safeguard ... - GlobeNewswire (press release)CGG: The Commercial court of Paris set on November 20, 2017 the date of the hearing to examine the draft safeguard ... - GlobeNewswire (press release)
    globenewswire.com - November 8 at 8:47 PM
    CGG: Update of the voting formCGG: Update of the voting form
    finance.yahoo.com - November 7 at 8:08 PM
    CGG: The Commercial court of Paris set on November 20, 2017 the date of the hearing to examine the draft safeguard planCGG: The Commercial court of Paris set on November 20, 2017 the date of the hearing to examine the draft safeguard plan
    finance.yahoo.com - November 6 at 6:18 PM
    CGG (CGG) Set to Announce Quarterly Earnings on MondayCGG (CGG) Set to Announce Quarterly Earnings on Monday
    www.americanbankingnews.com - November 6 at 9:50 AM
    CGG: Notification of share ownership threshold crossed - GlobeNewswire (press release)CGG: Notification of share ownership threshold crossed - GlobeNewswire (press release)
    globenewswire.com - November 5 at 12:05 AM
    CGG: announces its 3rd quarter 2017 results on...CGG: announces its 3rd quarter 2017 results on...
    www.benzinga.com - November 4 at 7:46 AM
    CGG: Notification of share ownership threshold crossedCGG: Notification of share ownership threshold crossed
    finance.yahoo.com - November 4 at 7:46 AM
    CGG: announces its 3rd quarter 2017 results on Monday November 13th, 2017CGG: announces its 3rd quarter 2017 results on Monday November 13th, 2017
    feeds.benzinga.com - November 3 at 2:58 AM
    CGG S.A. (CGG) Says Shareholders Will Vote on Financial Restructuring Plan Second Notice on November 13CGG S.A. (CGG) Says Shareholders Will Vote on Financial Restructuring Plan Second Notice on November 13
    www.streetinsider.com - November 2 at 5:56 PM
    CGG: The extraordinary general meeting will vote on the financial restructuring plan, on second notice on November ... - GlobeNewswire (press release)CGG: The extraordinary general meeting will vote on the financial restructuring plan, on second notice on November ... - GlobeNewswire (press release)
    globenewswire.com - October 31 at 11:17 PM
    CGG: The extraordinary general meeting will vote on the financial restructuring plan, on second notice on November 13th, 2017, due to a lack of quorum on first noticeCGG: The extraordinary general meeting will vote on the financial restructuring plan, on second notice on November 13th, 2017, due to a lack of quorum on first notice
    feeds.benzinga.com - October 31 at 1:57 PM
    CGG: Delivers Final PSDM Products for Cairenn Multi-Client Survey in Irelands Porcupine Basin - GlobeNewswire (press release)CGG: Delivers Final PSDM Products for Cairenn Multi-Client Survey in Ireland's Porcupine Basin - GlobeNewswire (press release)
    globenewswire.com - October 30 at 3:46 PM
    CGG: Delivers Final PSDM Products for Cairenn Multi-Client Survey in Irelands Porcupine BasinCGG: Delivers Final PSDM Products for Cairenn Multi-Client Survey in Ireland's Porcupine Basin
    finance.yahoo.com - October 30 at 3:04 AM
    CGG : Notification of share ownership threshold crossed - GlobeNewswire (press release)CGG : Notification of share ownership threshold crossed - GlobeNewswire (press release)
    globenewswire.com - October 28 at 5:55 AM
    CGG : Notification of share ownership threshold crossedCGG : Notification of share ownership threshold crossed
    feeds.benzinga.com - October 27 at 2:02 PM
    CGG : Awarded Contract For Airborne Multi-Client Survey Of Onshore And Offshore Licenses In Cote DIvoireCGG : Awarded Contract For Airborne Multi-Client Survey Of Onshore And Offshore Licenses In Cote D'Ivoire
    www.thestreet.com - October 26 at 5:25 PM
    CGG : Awarded Contract for Airborne Multi-Client Survey of Onshore and Offshore Licenses in Côte dIvoireCGG : Awarded Contract for Airborne Multi-Client Survey of Onshore and Offshore Licenses in Côte d'Ivoire
    feeds.benzinga.com - October 26 at 12:24 PM
    Rimini Street Expands Investment and Operations in EuropeRimini Street Expands Investment and Operations in Europe
    www.businesswire.com - October 19 at 6:05 AM
    CGG +19% after shareholder vote favors restructuring plan - Seeking AlphaCGG +19% after shareholder vote favors restructuring plan - Seeking Alpha
    seekingalpha.com - October 18 at 11:30 PM
    Energy Sector Update for 10/18/2017: HCLP,CGG,HUSA - Nasdaq ... - NasdaqEnergy Sector Update for 10/18/2017: HCLP,CGG,HUSA - Nasdaq ... - Nasdaq
    www.nasdaq.com - October 18 at 11:30 PM
    CGG +19% after shareholder vote favors restructuring planCGG +19% after shareholder vote favors restructuring plan
    seekingalpha.com - October 18 at 10:40 AM
    French and Benelux stocks-Factors to watch on October 18French and Benelux stocks-Factors to watch on October 18
    www.reuters.com - October 18 at 3:59 AM
    CGG: Availability of a securities note supplement to the prospectus approved by the AMF under visaCGG: Availability of a securities note supplement to the prospectus approved by the AMF under visa
    www.nasdaq.com - October 18 at 3:59 AM
    CGG: Availability of a securities note supplement to the prospectus approved by the AMF under visa no.17-551 on ... - GlobeNewswire (press release)CGG: Availability of a securities note supplement to the prospectus approved by the AMF under visa no.17-551 on ... - GlobeNewswire (press release)
    globenewswire.com - October 17 at 10:58 PM
    Energy Sector Update for 10/16/2017: CGG,RCON,PSX - NasdaqEnergy Sector Update for 10/16/2017: CGG,RCON,PSX - Nasdaq
    www.nasdaq.com - October 17 at 5:56 PM
    CGG Financial restructuring plan: favorable vote by long-standing shareholders - GlobeNewswire (press release)CGG Financial restructuring plan: favorable vote by long-standing shareholders - GlobeNewswire (press release)
    globenewswire.com - October 17 at 5:56 PM
    CGG Financial restructuring plan: favorable vote by long-standing shareholdersCGG Financial restructuring plan: favorable vote by long-standing shareholders
    finance.yahoo.com - October 17 at 5:56 PM
    CGG: Availability of a securities note supplement to the prospectus approved by the AMF under visa no.17-551 on October 13th, 2017CGG: Availability of a securities note supplement to the prospectus approved by the AMF under visa no.17-551 on October 13th, 2017
    finance.yahoo.com - October 17 at 5:56 PM
    CGG: announces its 3rd quarter 2017 results on Tuesday November 14th, 2017CGG: announces its 3rd quarter 2017 results on Tuesday November 14th, 2017
    finance.yahoo.com - October 17 at 3:59 AM
    European ADRs Little Changed as Pharma Gains Offset Banking LossesEuropean ADRs Little Changed as Pharma Gains Offset Banking Losses
    www.nasdaq.com - October 16 at 5:54 PM
    CGG : Communication of the independent appraisers report prepared as part of the contemplated financial ... - GlobeNewswire (press release)CGG : Communication of the independent appraiser's report prepared as part of the contemplated financial ... - GlobeNewswire (press release)
    globenewswire.com - October 14 at 3:47 AM
    CGG : Monthly information relating to the number of voting rights and shares issuedCGG : Monthly information relating to the number of voting rights and shares issued
    finance.yahoo.com - October 12 at 5:56 PM
    CGG: Information relating to CGG Combined General Meeting of October 31, 2017 - GlobeNewswire (press release)CGG: Information relating to CGG Combined General Meeting of October 31, 2017 - GlobeNewswire (press release)
    globenewswire.com - October 11 at 4:23 AM
    CGG Bankruptcy Plan Wins U.S. Court Approval - WSJ - Wall Street JournalCGG Bankruptcy Plan Wins U.S. Court Approval - WSJ - Wall Street Journal
    www.wsj.com - October 11 at 4:23 AM
    CGG: Information relating to CGG Combined General Meeting of October 31, 2017CGG: Information relating to CGG Combined General Meeting of October 31, 2017
    finance.yahoo.com - October 10 at 6:20 PM
    Creditors accept restructuring plan for oil services group CGG - ReutersCreditors accept restructuring plan for oil services group CGG - Reuters
    www.reuters.com - October 3 at 5:01 PM
    CGG: announces overwhelming acceptance by creditors entitled to vote on the chapter 11 plan - GlobeNewswire (press release)CGG: announces overwhelming acceptance by creditors entitled to vote on the chapter 11 plan - GlobeNewswire (press release)
    globenewswire.com - October 3 at 5:01 PM

    Social Media

    Financials

    Financials are not available for this stock.

    Chart

    CGG (NYSE CGG) Chart for Thursday, November, 23, 2017
    Loading chart…

    This page was last updated on 11/23/2017 by MarketBeat.com Staff

    Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.