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Computer Modelling Group Ltd CMDXF


Primary Symbol: T.CMG

Computer Modelling Group Ltd. is a Canada-based global software and consulting company. The Company is engaged in the development and licensing of reservoir simulation and seismic interpretation software. The Company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The Company operates through two segments: CMG and BHV. The CMG segment is engaged in the development and licensing of reservoir simulation software. The BHV segment is engaged in the development and licensing of seismic interpretation software. The Company has a diverse customer base of international oil companies in approximately 60 countries. The Company’s software includes CMOST, IMEX, GEM, STARS, CoFlow, Builder, Results and WinProp. The Company has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur.


TSX:CMG - Post by User

Comment by malx1on Feb 23, 2023 2:34pm
139 Views
Post# 35301540

RE:quarterly earnings

RE:quarterly earnings
Possibleidiot01 wrote: Pretty stable .
Company not exhibiting the growth in revenues many oil and gas service companies are enjoying.
Nothing really to see.


PI you sniff out some good quality businesses.    

CMG could see earnings accelerate as their O&G customers ramp up capex and ancillary services.      

As price of oil and gas increases, so too does value of reserves.    Reservoir integrity then becomes part of discussion.    

"Maximizing shareholder value" is the mantra 
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