TGS ASA Receives S&P Rating Upgrade to ‘BB-‘

TGS Nopec Geophysical Company ASA (GB:0MSJ) has released an update.

TGS ASA, a prominent energy data provider, has received a ‘BB-‘ rating with a stable outlook from S&P, following its acquisition of PGS. This rating upgrade reflects TGS’s strong credit measures and conservative financial strategies. The company also received an upgrade from Moody’s, highlighting its solid financial standing in the energy sector.

For further insights into GB:0MSJ stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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