CGG Veritas huge outperformer in European oil & gas sector

Thanks to the huge profit of 135 percent since begin this year it's one of the best shares of the oil & gas sector.

Momentum oil & gas sector

On average the sector trades costs now 11 times the earnings per share. The sector trades at 5,78 times the book value per share. Since 2012 the sector has a profit of 114 percent and since 2007 a profit of 159 percent.

For this year CGG Veritas's revenue will be around 1,37 billion euros. This is according to the average of the analysts' estimates. This is quite more than 2018's revenue of 1,19 billion euros.

Historical revenues and results CGG Veritas plus estimates 2019

The analysts expect for 2019 a net loss of 32 million euros. According to most of the analysts the company will have a loss per share for this book year of 5 cent. Based on this the price/earnings-ratio is -54,4.

Analysts don't expect the company to pay a dividend. The average dividend yield of the oil & gas producers equals an attractive3,26141233168198 percent.

CGG Veritas's market capitalization is based on the number of outstanding shares around 149,57 million euros. The CGG Veritas stock was the past 12 months quite unstable. Since last December the stock is even 158 percent higher. This year the stock price moved between 1 and 3 euro.

Historical stock prices CGG Veritas

Click here for dividend . At 17.35 the stock trades 0,07 percent lower at 2,72 euros.

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