Transportadora de Gas del Sur SA Sponsored ADR Class B RegS Aktie News

BUENOS AIRES, Argentina , April 24, 2024 /PRNewswire/ -- Transportadora de Gas del Sur S.A. ("tgs" or "the Company") (NYSE: TGS, MERVAL: TGSU2) announced that today it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

A fascinating new chapter in Argentine politics is set to unfold as “far-right libertarian” Javier Milei surprisingly won the presidential election on promises of radical free-market reforms. Milei, an economist, has vowed to implement a number of measures including the dollarization of the Argentine economy, massively downsizing the government, and enacting sweeping capitalist changes.

Transportadora de Gas del Sur SA ( TGS , Financial) is a leading player in the Oil & Gas industry, with a market capitalization of $1.8 billion. As of August 8, 2023, the company's stock price stands at $11.95, marking a gain of 3.91% for the day.

BUENOS AIRES, Argentina , April 25, 2023 /PRNewswire/ -- Transportadora de Gas del Sur S.A. ("tgs" or "the Company") (NYSE: TGS, MERVAL: TGSU2) announced that today it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the "2022 Annual Report") with the U.S. Securities and Exchange Commission (the "SEC").

Transportadora De Gas Del Sur is the operator of half of Argentina's pipeline network, a gas liquefaction plant, and a natural gas treatment plant. The company's transportation segment is stagnant, liquids is on a cycle top, and midstream is growing fast.

Transportadora de Gas del Sur SA (TGS) on Q4 2021 Results - Earnings Call Transcript

Transportadora de Gas del Sur is facing rising costs and soaring inflation in its home country of Argentina, but has been unable to raise prices due to a government-imposed price. Despite the country's economic crisis, the company's book value, cash flow and earnings for the past five years have been increasing.

Transportadora de Gas del Sur SA (TGS) on Q3 2021 Results - Earnings Call Transcript