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Petroleum Geo Services ASA Lowers FY 2013 EBITDA Guidance-Reuters


Friday, 25 Oct 2013 02:17am EDT 

Reuters reported that Petroleum Geo Services ASA has decided to lower its guidance for EBITDA for the fiscal year 2013 to approximately USD 850 million, instead of the previously expected EBITDA of between USD 900 million and USD 950 million. The decrease is based on the decision to mobilize for the Full Azimuth GeoStreamer. According to I/B/E/S Estimates, analysts on average are expecting the Company to report EBITDA of USD 901.27 million for the fiscal year 2013. 

Company Quote

5.8
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18 Dec 2014