Computer Modelling Group Ltd. Overview
Pro stress-test →CMG is a global software and consulting company that combines science and technology with deep industry expertise to solve complex subsurface and surface challenges for the new energy industry around the world. As a Canada-based provider of reservoir simulation software for the oil and gas industry, its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization.
Strategic Profile
Pro stress-test →The company's CMG 4.0 Strategy, announced in 2022, is a multi-faceted transformation strategy focused on growth, profitability, and acquisitions. The firm has operations in over 60 countries in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions. With strong software margins and consulting services, CMG is positioned as a specialized technology provider in energy subsurface modeling with global reach.
Competitive Landscape
Pro stress-test →The company is covered by 19 analysts, with 7 providing revenue or earnings estimates. CMG competes against larger diversified energy software providers and specialized simulation modeling firms. The company differentiates through decades of domain expertise, comprehensive simulation portfolios, and customer lock-in via industry-standard software products used by major international oil companies.
Industry Context
Computer Modelling Group Ltd. operates in Energy Software & Consulting - Reservoir Simulation & Seismic Interpretation.
Key facts
Founded: 1978 · Headquarters: Calgary, Canada · Revenue: $126.2M CAD · Market cap: $325M CAD