Convex Strategies

Petroleum Geo-Services: Strong Industry Trends And A 40-50% Valuation Discount

Petroleum Geo-Services (OTCPK:PGSVY) is a Norwegian seismic data company that trades on the Oslo Stock Exchange, with an additional listing on the pink sheets in the US. PGS is a "pure-play" marine geophysical company; none of their business is done on land.

With the 12-mont...

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