• (PLX AI) – PGS shares fell more than 11% after fourth-quarter late-sales revenues missed analyst expectations.
  • • MultiClient late sales revenues were approximately $81 million in Q4, as the winter season has become more challenging than expected, the company said
  • • We continue to see insufficient cash flow to meet H2 debt maturities, expecting yet another refinancing, SEB analysts said, maintaining a sell rating on the stock

Quelle: PLX AI