Nils Dyvik - TGS NOPEC Director

TGS Stock  NOK 125.90  1.90  1.49%   

Director

Mr. Nils Petter Dyvik was Independent Director of TGS Nopec Geophysical Company ASA since May 9, 2017. Mr. Dyvik is educated from the Norwegian Business School and received his MBA in Finance from the University of Wisconsin in 1979. Since 1996, he has served in various capacities for Wilh Wilhemsen, a global maritime company, most recently as Group CFO from 2007 to 2016. From 2002 to 2007, he served as CEO of Wallenius Wilhelmsen, from 1999 to 2002, as Deputy CEO of Wilh Wilhelmsen, and from 1996 to 1999, as Deputy CEO of Wilhelmsen Lines AS. Prior to joining Wilh Wilhemsen, he served as CEO and Deputy CEO for Norwegian American Line from 1988 to 1996, and worked with Kreditkassen from 1986 to 1988, L.M. Skaugen from 1980 to 1986, and Saga Petrokjemi from 1979 to 1980 since 2017.
Age 64
Tenure 7 years
Phone47 22 55 04 00
Webhttps://www.tgs.com
Dyvik has extensive board experience, and currently serves as the Chair of NorSea Group and Wilhelmsen Ferd Offshore AS and as a member of the Board for The Maritime Rescue School.

TGS NOPEC Management Efficiency

The company has return on total asset (ROA) of 0.1249 % which means that it generated a profit of $0.1249 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0735 %, meaning that it generated $0.0735 on every $100 dollars invested by stockholders. TGS NOPEC's management efficiency ratios could be used to measure how well TGS NOPEC manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 33.02 M in total debt with debt to equity ratio (D/E) of 1.8, which is about average as compared to similar companies. TGS NOPEC Geophysical has a current ratio of 1.52, which is within standard range for the sector. Debt can assist TGS NOPEC until it has trouble settling it off, either with new capital or with free cash flow. So, TGS NOPEC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TGS NOPEC Geophysical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TGS to invest in growth at high rates of return. When we think about TGS NOPEC's use of debt, we should always consider it together with cash and equity.

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TGS-NOPEC Geophysical Company ASA provides geoscientific data products and services to the oil and gas industry worldwide. TGS-NOPEC Geophysical Company ASA was founded in 1981 and is headquartered in Asker, Norway. TGS NOPEC operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 547 people. TGS NOPEC Geophysical (TGS) is traded on Oslo Stock Exchange in Norway and employs 34 people.

Management Performance

TGS NOPEC Geophysical Leadership Team

Elected by the shareholders, the TGS NOPEC's board of directors comprises two types of representatives: TGS NOPEC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TGS. The board's role is to monitor TGS NOPEC's management team and ensure that shareholders' interests are well served. TGS NOPEC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TGS NOPEC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Knut Agersborg, Vice President - Global Services
John Adamick, Senior Vice President - Geological Products & Services
Jan Schoolmeesters, Ex Solutions
Elisabeth Grieg, Independent Director
Henry Hamilton, Chairman of the Board
Katja Akentieva, Senior Vice President Western Hemisphere
Christopher Finlayson, Director
Scott Michell, VP Imaging
Tor Lonnum, Independent Director
Tanya Herwanger, Vice President Africa and Middle East
David Hajovsky, Ex Hemisphere
William Ashby, Vice President Human Resources & Communication
Torstein Sanness, Independent Director
Vicki Messer, Independent Director
Scott Schneider, Vice President Information Technology, Information Systems
Katja Akantieva, Senior Vice President Onshore
Paul Young, Managing Pacific
Robert Hobbs, CEO
Mark Leonard, Independent Director
Zhiming Li, Senior Vice President - Data Processing, Research and Development
Nils Dyvik, Director
Irene Egset, Director
Genevieve Erneta, Vice President - Human Resources
Wenche Agerup, Independent Director
Will Ashby, Ex Hemisphere
Elisabeth Harstad, Independent Director
Sven Larsen, Chief Officer
Jaclyn Townsend, Director Marketing
Whitney JD, Ex Sustainability
Fredrik Amundsen, Senior Vice President Europe and Asia Pacific
Thorstein Sanness, Director
Tana Pool, Vice President General Counsel, Corporate Secretary
Kristian Johansen, Chief Officer
Stein Isaksen, Senior Vice President Eastern Hemisphere

TGS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TGS NOPEC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Please note, there is a significant difference between TGS NOPEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if TGS NOPEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TGS NOPEC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.