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CMDXF / Computer Modelling Group: Pivot To Energy Transition Offers Significant Upside
Computer Modelling Group is a leading provider of reservoir simulation software to the petroleum industry, with high barriers to entry and customer switching costs. CMG generates revenue through software contracts (annuity & maintenance and perpetual licenses) and professional services/consulting. The company's focus on carbon capture and sequestration and M&A presents a significant growth opportunity and may lead to an ESG premium.
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Posted: Sep 24 2023, 04:37
Author Name: Seeking Alpha
Views: 041240
CMDXF News
By Seeking Alpha
September 24, 2023
Computer Modelling Group: Pivot To Energy Transition Offers Significant Upside
Computer Modelling Group is a leading provider of reservoir simulation software to the petroleum industry, with high barriers to entry and customer sw more_horizontal