Transportadora de Gas del Sur SA Class B
5.47
USD
-0.05
(-0.91%)
ISIN
ARP9308R1039
Return %
Stock
S&P 500
1Y
24.74
14.20
3Y
536.05
81.12
5Y
536.05
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Oscar Jose Sardi
- Full Time Employees
- 1,187
- Sector
- Utilities
- Industry
- Gas distributors
- Address
- Madero Office Building Buenos Aires BA Argentina C1107CPG
- IPO Date
- Jan 1, 1994
- Website
- tgs.com.ar
- Similar Companies
- Business
- Transportadora de Gas del Sur S.A. stands as a pivotal entity in Argentina's energy sector, delivering comprehensive services in natural gas distribution and the extraction and trading of natural gas liquids across both domestic and international markets. The company operates through distinct business units: Natural Gas Transportation, Liquids Processing and Commercialization, Midstream Operations, and Telecommunications. Its Natural Gas Transportation division manages Argentina's most extensive pipeline network, facilitating the movement of natural gas to various consumers including distribution companies, power generation facilities, and industrial clients. This segment is also responsible for the ongoing operational oversight and maintenance of its vast gas transmission infrastructure. TGS transports a significant portion, approximately 60%, of the natural gas consumed annually within the country, boasting over 9,200 kilometers of pipelines. Recently, the segment has seen substantial tariff adjustments and a new regulatory framework, leading to a notable recovery in revenues and operational margins, including a 675% tariff increase in April 2024. The company's license for transportation services was extended for 20 years, effective from December 2027, potentially reaching 2047. The Liquids Processing and Commercialization segment focuses on the production and sale of valuable natural gas derivatives such as ethane, propane, butane, and natural gasoline. It also provides essential support services like reception, storage, and dispatch for these liquids, leveraging facilities like the General Cerri Complex and Puerto Galván. TGS is recognized as the second-largest processor of natural gas liquids in Argentina. In 2024, for the first time, exports from this segment surpassed domestic sales. Within its Midstream Operations, the company offers critical services including natural gas conditioning, the removal of impurities, and compression. This segment is crucial for gathering and transporting natural gas directly from reservoirs, and for maintaining pipelines and compressor plants. TGS has established a significant presence as a leading midstream operator within the Vaca Muerta shale gas formation, having expanded its Tratayén plant capacity to 28 MM m³/d by late 2024 and extending its pipeline network in the Neuquén basin. In July 2023, TGS initiated operations for the GPNK pipeline's Tratayén-Salliqueló section. The company has put forward a USD 700 million investment plan to expand its transportation system, aiming for completion by winter 2026, intended to reduce reliance on imported gas and liquids. Lastly, the Telecommunications division provides data transmission services through its digital terrestrial radio relay network, operating under the Telcosur brand. Established in 1992, Transportadora de Gas del Sur S.A. maintains its headquarters in Buenos Aires, Argentina, and operates as a subsidiary of Compañía de Inversiones de Energía S.A.