CGG 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:
- Sector: Oils/Energy
- Industry: Oil Related Services
- Sub-Industry: N/A
- Symbol: NYSE:CGG
- CUSIP: N/A
- Web: www.cggveritas.com
Capitalization:- Market Cap: $127.93 million
- Outstanding Shares: 22,133,000
Average Prices:- 50 Day Moving Avg: $4.95
- 200 Day Moving Avg: $5.72
- 52 Week Range: $3.26 - $29.70
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -0.32
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $1.19 billion
- Price / Sales: 0.11
- Book Value: $33.49 per share
- Price / Book: 0.17
Profitability:- EBIDTA: $366.9 million
- Net Margins: -57.05%
- Return on Equity: -62.43%
- Return on Assets: -14.28%
Debt:- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 0.39%
- Quick Ratio: 0.31%
Misc:- Average Volume: 9,475 shs.
- Beta: 2.36
- Short Ratio: 4.33
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 on the morning of 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) released its quarterly earnings results on Friday, July, 28th. The company reported ($7.64) EPS for the quarter, missing the consensus estimate of ($4.48) by $3.16. The firm had revenue of $349.80 million for the quarter. CGG had a negative return on equity of 62.43% and a negative net margin of 57.05%. View CGG's Earnings History.
When will CGG make its next earnings announcement?
Who are some of CGG's key competitors?
Some companies that are related to CGG include Emerge Energy Services LP (EMES), Key Energy Services (KEG), Pacific Ethanol (PEIX), Tesco Corporation (TESO), Approach Resources (AREX), Blueknight Energy Partners L.P., L.L.C. (BKEP), Carbo Ceramics (CRR), Gastar Exploration (GST), Willbros Group (WG), Gulf Island Fabrication (GIFI), Southcross Energy Partners, L.P. (SXE), Solaris Oilfield Infrastructure (SOI), Pioneer Energy Services Corp. (PES), Hallador Energy Company (HNRG), Seadrill Limited (SDRL), CSI Compressco LP (CCLP), Hornbeck Offshore Services (HOS) and SandRidge Permian Trust (PER).
Who are CGG's key executives?
CGG's management team includes the folowing people:
- Remi Dorval, Chairman of the Board
- Jean-Georges Malcor, Chief Executive Officer, Member of the Executive Committee, Director
- Stephane-Paul Frydman, Corporate Officer, Chief Financial Officer, Senior Executive Vice President - Finance, Member of the Executive Committee
- Don Pham, Executive Vice President, Geomarkets Sales & Marketing
- David Dragone, Executive Vice President of Human Resources
- Thierry Brizard, Executive Vice President Technology, Member of the Executive Committee
- Colin Murdoch, Executive Vice President Subsurface Imaging, Member of the Executive Committee
- Pascal Rouiller, Corporate Executive, Senior Executive Vice President - Equipment Division, CEO Sercel, Member of the Executive Committee
- Sophie Zurquiyah-Rousset, Senior Executive Vice President - Geophysics and Reservoir (GGR) Division, Member of the Executive Committee
- Kamil Beffa, Executive Vice President - Global Operational Excellence
How do I buy CGG stock?
Shares of CGG can be purchased through any online brokerage account. Popular online brokerages 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 $5.78.
MarketBeat Community Rating for CGG (NYSE CGG)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.
Consensus Ratings for CGG (NYSE:CGG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for CGG (NYSE:CGG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/19/2016 | HSBC Holdings plc | Initiated Coverage | Sell | | N/A |  |
| 9/19/2016 | Credit Suisse Group | Initiated Coverage | Underperform | | N/A | |
| 4/8/2016 | Societe Generale | Upgrade | Hold -> Buy | | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for CGG (NYSE:CGG)Earnings History by Quarter for CGG (NYSE CGG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/14/2017 | | | | | | | | |
| 7/28/2017 | 6/30/2017 | ($4.48) | ($7.64) | | $349.80 million | View | N/A | |
| 3/3/2017 | 12/31/2016 | ($3.26) | ($12.61) | | $328.30 million | View | N/A | |
| 11/8/2016 | 9/30/2016 | ($3.04) | ($3.95) | | $264.00 million | View | Listen | |
| 11/5/2015 | Q3 | ($0.40) | ($0.61) | $482.00 million | $469.80 million | View | N/A | |
| 5/6/2015 | Q2 | ($0.03) | ($0.35) | $663.00 million | $569.50 million | View | Listen | |
| 3/20/2015 | | $0.04 | ($0.15) | | | View | N/A | |
| 2/26/2015 | Q4 | $0.04 | ($0.56) | $829.00 million | $906.20 million | View | N/A | |
| 11/6/2014 | Q3 2014 | $0.04 | ($0.30) | $784.00 million | $693.90 million | View | N/A | |
| 8/1/2014 | Q2 2014 | | ($1.85) | | $689.10 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for CGG (NYSE:CGG)Current Year EPS Consensus Estimate: $-17.97 EPS
Next Year EPS Consensus Estimate: $-18.18 EPS
Dividend History for CGG (NYSE:CGG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for CGG (NYSE:CGG)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for CGG (NYSE:CGG)
Latest Headlines for CGG (NYSE:CGG)
| Source: |
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| Date | Headline |
|---|
 | North American Energy Partners (NOA) & CGG (CGG) Critical Comparison
www.americanbankingnews.com - September 19 at 4:26 PM |
 | European ADRs Edge Higher as Technology Stocks See Mixed Fortunes
www.nasdaq.com - September 18 at 3:40 PM |
 | Bitcoin Roars Back From Chinese-Regulation Spurred Swoon
www.msn.com - September 18 at 3:40 PM |
 | CGG bondholders launch legal action against bankruptcy process
www.cnbc.com - September 14 at 5:53 PM |
| Energy Sector Update for 08/31/2017: BW, CRZO, CGG, DNR, EPE - Nasdaq
www.nasdaq.com - August 31 at 4:59 PM |
 | CGG: signs agreement with Mozambique Ministry for vast offshore multi-client program - GlobeNewswire (press release)
globenewswire.com - August 31 at 2:58 AM |
 | CGG: signs agreement with Mozambique Ministry for vast offshore multi-client program
feeds.benzinga.com - August 31 at 2:08 AM |
| CGG: Starts Espirito Santo IV survey offshore Brazil - GlobeNewswire (press release)
globenewswire.com - August 30 at 4:51 PM |
| Energy Sector Update for 08/29/2017: UPL,ARCX,CGG - Nasdaq
www.nasdaq.com - August 29 at 10:30 PM |
| Energy Sector Update for 08/29/2017: ATW, ARCX, CGG - Nasdaq
www.nasdaq.com - August 29 at 10:30 PM |
 | ETFs with exposure to CGG : August 29, 2017
finance.yahoo.com - August 29 at 10:30 PM |
| CGG: Starts Espirito Santo IV survey offshore Brazil
finance.yahoo.com - August 29 at 3:06 AM |
 | Oil services group CGG's shares surge for fourth day as bid talk lingers - Reuters
www.reuters.com - August 25 at 11:54 PM |
 | Marine Seismic Equipment & Acquisition Market Forecast 2017-2027
www.bizjournals.com - August 25 at 6:53 PM |
| Oil services group CGG's shares surge for fourth day as bid talk lingers
www.reuters.com - August 25 at 5:33 AM |
| Mid-Day Market Update: La-Z-Boy Drops After Q1 Miss; Paratek Pharmaceuticals Shares Rise
www.nasdaq.com - August 23 at 5:32 PM |
 | CGG jumps as much as 22% on Sinopec bid speculation - Seeking Alpha
seekingalpha.com - August 22 at 10:43 PM |
| Shares in CGG surge, traders cite Sinopec bid speculation - Reuters
www.reuters.com - August 22 at 10:43 PM |
| Shares in CGG surge, traders cite Sinopec bid speculation
www.reuters.com - August 22 at 5:42 PM |
| CGG jumps as much as 22% on Sinopec bid speculation
seekingalpha.com - August 22 at 11:28 AM |
| European ADRs Nudge Higher as Pharma Stocks See Mixed Gains
www.nasdaq.com - August 21 at 4:58 PM |
| ETFs with exposure to CGG : August 15, 2017
finance.yahoo.com - August 15 at 5:51 PM |
| China Gold International Reports 2017 Second Quarter and First Half Financial Results
feeds.benzinga.com - August 11 at 11:34 AM |
 | Seismic surveyor TGS's shares fall after Q2 sales disappoint
www.businessinsider.com - August 4 at 4:39 AM |
| CGG :CGG-US: Earnings Analysis: Q2, 2017 By the Numbers : August 1, 2017
finance.yahoo.com - August 1 at 5:49 PM |
| Select Energy Services (WTTR) versus CGG (NYSE:CGG) Head to Head Review
www.americanbankingnews.com - July 30 at 6:24 PM |
| CGG (CGG) Issues Quarterly Earnings Results, Misses Expectations By $3.16 EPS
www.americanbankingnews.com - July 29 at 5:38 PM |
| CGG's (CGG) CEO Jean-Georges Malcor on Q2 2017 Results ... - Seeking Alpha
seekingalpha.com - July 28 at 6:48 PM |
| CGG: announces the approval of the draft safeguard plan by creditors' committees in France - GlobeNewswire (press release)
globenewswire.com - July 28 at 6:48 PM |
| CGG : Availability of the interim financial report for the period ending June 30, 2017
finance.yahoo.com - July 28 at 6:48 PM |
| CGG: announces the approval of the draft safeguard plan by creditors' committees in France
finance.yahoo.com - July 28 at 6:48 PM |
| CGG : CGG Announces its 2017 Second Quarter Results
feeds.benzinga.com - July 28 at 2:29 AM |
| CGG (NYSE:CGG) Scheduled to Post Quarterly Earnings on Friday
www.americanbankingnews.com - July 27 at 9:57 AM |
| CGG: Extends Santos VII Multi-Client Survey to Optimize Saturno Field Imaging - GlobeNewswire (press release)
globenewswire.com - July 26 at 3:09 AM |
| CGG: Extends Santos VII Multi-Client Survey to Optimize Saturno Field Imaging
feeds.benzinga.com - July 26 at 1:49 AM |
| CGG: Wins Brazil Data Processing Contract for World's Largest Seabed Seismic Survey
www.nasdaq.com - July 19 at 6:21 PM |
| Exclusive: Brazil's Cantagalo agrees to $170 million debt restructuring - Reuters
www.reuters.com - July 19 at 6:37 AM |
| CGG: Wins Brazil Data Processing Contract for World's Largest ... - GlobeNewswire (press release)
globenewswire.com - July 19 at 6:37 AM |
| Exclusive: Brazil's Cantagalo agrees to $170 million debt restructuring
www.reuters.com - July 18 at 11:38 PM |
 | Digital Oilfield Solutions - Global Market Outlook (2016-2022)
www.marketwatch.com - July 17 at 10:32 PM |
| CGG : CGG calls creditor comittee vote for July 28 following the success of its private placement - GlobeNewswire (press release)
globenewswire.com - July 13 at 6:13 PM |
| CGG : CGG calls creditor comittee vote for July 28 following the success of its private placement
feeds.benzinga.com - July 13 at 4:07 AM |
| Carillion bondholders brace for painful talks as shares plunge
www.cnbc.com - July 13 at 3:52 AM |
| CGG : CGG calls creditor comittee vote for July 28 following the success of its private placement
finance.yahoo.com - July 13 at 3:52 AM |
| CGG (CGG) and SEACOR Holdings (CKH) Head to Head Analysis
www.americanbankingnews.com - July 11 at 2:10 PM |
| CGG: announces its 2nd quarter 2017 results on Friday July 28th, 2017
feeds.benzinga.com - July 7 at 2:10 AM |
| Contrasting CGG (NYSE:CGG) and Profire Energy (PFIE)
www.americanbankingnews.com - July 5 at 8:27 AM |
| CGG: Opening of Placement Period for subscription commitments in respect of proposed issuance of $3
www.nasdaq.com - June 27 at 4:30 PM |
| CGG: Opening of Placement Period for subscription commitments in respect of proposed issuance of $375m of new 6 ... - GlobeNewswire (press release)
globenewswire.com - June 27 at 3:00 AM |
| CGG: Opening of Placement Period for subscription commitments in respect of proposed issuance of $375m of new 6-year floating rate/ 8.5% PIK second lien senior notes with warrants to Eligible Holders
feeds.benzinga.com - June 27 at 2:25 AM |
CGG (CGG) Chart for Wednesday, September, 20, 2017
