First Seismic Corp. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

April 2024 | 50 pages | ID: F0564FB9B1DBEN
BAC Reports

Abstracts

First Seismic Corp. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between First Seismic Corp. and its competitors. This provides our Clients with a clear understanding of First Seismic Corp. position in the Industry.

• The report contains detailed information about First Seismic Corp. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for First Seismic Corp.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The First Seismic Corp. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes First Seismic Corp. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of First Seismic Corp. business.

About First Seismic Corp.

First Seismic Corporation (the Company) was incorporated in Delaware in 1990. The Company through its subsidiaries provides various geo-scientific and complementary services that are used to develop opportunities in the oil and gas business worldwide. The Company owns and brokers seismic data and a wide range of geo-scientific information primarily used by its customers in upstream oil and gas exploration and production efforts. The Company markets these intangible assets by issuing use licenses for its own seismic data and geologic information as well as information owned by third parties under brokerage and agency arrangements with oil and gas companies and governments.

The Company’s reporting entity consists of FIRST SEISMIC Corporation and its two-wholly owned subsidiaries: FIRST EXCHANGE Corporation, a Delaware corporation, and FORTESA International, Inc., a Texas corporation. FIRST EXCHANGE Corporation has two wholly-owned subsidiaries, FIRST EXCHANGE Limited, a United Kingdom company, and eSmartImage Corporation, a Delaware corporation, formerly known as BLACKWELL SUPPLY, Inc. FORTESA International, Inc. has a wholly-owned subsidiary FORTESA International-Senegal, L.D.C., a Cayman Islands corporation which has a branch qualified for operations in Senegal, West Africa.

Beginning in 2000, the company has developed through its subsidiary eSmartImage Corporation, a process which will allow the company to alternatively deliver more of its products to the company’s customers directly through the Internet, in addition to paper copies delivered through salesmen and express mail services. This new process allows the company to convert into digital files the geo-scientific images used by developers of oil and gas prospects, such as seismic data, maps, wells and geologic reports. The Company’s conversion process produces fully searchable files that can be transmitted via e-mail or posted to its in-house FTP site on the world-wide-web for electronic delivery over the Internet. Currently, the company is providing this process to one primary major oil company customer for service fees.

In addition to its geo-scientific information business, the company is promoting and pursuing select opportunities in the oil and gas exploration and production business through existing relationships with its suppliers, customers and co-venturers.

Seismic Operations: The Company has engaged in the development of a proprietary seismic data library. Its seismic data library consists exclusively of two-dimensional or 2D data, and was developed over a period of approximately ten years from 1981 to 1991. As of 1991 the company’s seismic data library consisted of over 11,000 miles of domestic 2D seismic line data. As of December 31, 1999, the company’s seismic data library consisted of approximately 8,500 miles of domestic, plus revenue interests in over 15,000 kilometers of West African and other international 2D seismic line data. The Company’s library is marketed to major and independent oil and gas companies under use-license arrangements. Additionally, the company has been involved in the sale of licenses for seismic data owned by others, under brokerage and agency agreements. Seismic surveys and the analysis of seismic data for the identification and definition of underground geological features and structures are principal techniques used in oil and gas exploration and development to determine possible locations of subsurface hydrocarbons. The 2D data in the company’s library is now primarily usable for geologic reconnaissance of an area to determine its potential, but not for setting well drilling locations.

Geo-Technical Publishing and Services: The Company has developed and added seismic projects and geo-technical publications to its data library that the company uses for multi-client sales.

Oil And Gas Exploration and Production Operations: Through its subsidiary FORTESA International, Inc. the company is currently pursuing several oil and gas projects in the U.S. as well as its primary project in the THIES Permit in the Republic of Senegal.

Customers

The Company markets its geo-scientific products and services to major and independent oil and gas companies. The Company’s customers include VANCO Energy Company, Phillips Petroleum Company, Anadarko Petroleum Corporation, BP Exploration Operating Company Limited, Phillips Petroleum Company and Fina Neftegaz.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. FIRST SEISMIC CORP. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. FIRST SEISMIC CORP. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. FIRST SEISMIC CORP. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. FIRST SEISMIC CORP. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. FIRST SEISMIC CORP. COMPETITORS AND INDUSTRY ANALYSIS

5.1. First Seismic Corp. Direct Competitors
5.2. Comparison of First Seismic Corp. and Direct Competitors Financial Ratios
5.3. Comparison of First Seismic Corp. and Direct Competitors Stock Charts
5.4. First Seismic Corp. Industry Analysis
5.4.1. Industry Snapshot
  5.4.2. First Seismic Corp. Industry Position Analysis

6. FIRST SEISMIC CORP. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. FIRST SEISMIC CORP. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. FIRST SEISMIC CORP. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. FIRST SEISMIC CORP. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. FIRST SEISMIC CORP. PORTER FIVE FORCES ANALYSIS²

12. FIRST SEISMIC CORP. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

First Seismic Corp. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
First Seismic Corp. 1-year Stock Charts
First Seismic Corp. 5-year Stock Charts
First Seismic Corp. vs. Main Indexes 1-year Stock Chart
First Seismic Corp. vs. Direct Competitors 1-year Stock Charts
First Seismic Corp. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

First Seismic Corp. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
First Seismic Corp. Key Executives
First Seismic Corp. Major Shareholders
First Seismic Corp. History
First Seismic Corp. Products
Revenues by Segment
Revenues by Region
First Seismic Corp. Offices and Representations
First Seismic Corp. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
First Seismic Corp. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
First Seismic Corp. Capital Market Snapshot
First Seismic Corp. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Industry Statistics
First Seismic Corp. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
First Seismic Corp. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?