(VIANEWS) – The Market ended the session with ELECTROMAGNET GEO (EMGS.OL) jumping 18.73% to kr3.36 on Thursday, after four consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI slid 0.81% to kr1,233.56, after three successive sessions in a row of losses, on what was a somewhat negative trend exchanging session today.
About ELECTROMAGNET GEO
Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data. The company uses its patented EM survey method to find hydrocarbons in offshore reservoirs. It engages in the provision of controlled-source EM surveying and magneto telluric surveying; imaging and interpretation; rental of software and cluster; and training services. The company has operations in Europe, the Middle East, Africa, Norway, North and South America, Asia, and the Pacific Ocean. Electromagnetic Geoservices ASA was incorporated in 2002 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ELECTROMAGNET GEO has a trailing twelve months EPS of kr-1.492.
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