Transportadora de Gas del Sur S.A.

Transportadora de Gas del Sur S.A.

TGS
Transportadora de Gas del Sur S.A.US flagNew York Stock Exchange
25.82
USD
-0.31
- -
3.89BMarket Cap
Transportadora de Gas del Sur S.A.
TGS
(New York Stock Exchange)

Recent

price

25.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.02
11.23
15.6
17.36
26.08
25.61
86.85
182.77
447.01
640.2
1,071.07
3,498.39
7,167.07
8,453.76
10,543.08
11,333.55
13,264.93
Revenue per Share
0.81
1.4
1.41
0.65
0.64
-1.04
6.7
53.61
151.62
169.52
63.37
843.35
1,455.69
447.48
3,234.4
2,795.44
3,658.65
Basic EPS, GAAP
1.07
1.65
1.86
3.85
3.89
0.39
18.84
33.7
62.06
-32.21
400.02
832.11
455.23
1,036.79
1,698.23
1,535.71
2,244.28
Free Cash Flow per Basic Share
0.18
5.91
- -
1.6
1.29
- -
1.38
- -
57.5
129.22
- -
- -
- -
- -
- -
1,535.36
-262.4
Dividend per Share
3.27
2.36
1.63
2.45
2.26
2.05
3.06
30.64
58.7
83.43
132.39
312.06
1,105.47
2,475.35
3,903.17
4,155.19
5,269.58
Book Value per Share
3.27
2.36
1.63
2.45
2.26
2.05
3.06
30.64
58.7
83.43
132.39
312.06
1,105.47
2,475.35
3,903.17
4,155.19
5,269.58
Tangible Book Value per Share
165
165
165
165
165
165
165
165
158
155
152
151
151
151
151
151
151
Basic Weighted Avg Shares
1,653
1,854
2,575
2,865
4,304
4,227
14,331
30,160
70,485
99,374
163,311
526,691
1,079,018
1,272,732
1,587,284
1,706,291
1,997,065
Sales/Revenue/Turnover
20.6
28.46
27.25
24.66
21.67
23.96
20.44
31.23
42.4
40.9
42.81
38.84
33.01
26.44
43.21
44.95
44.75
Operating Margin (%)
215
221
234
243
254
261
2,095
3,108
4,656
7,594
18,116
58,299
132,729
173,677
170,574
201,961
208,828
Depreciation Expense
133
231
233
108
105
-172
1,106
8,847
23,908
26,314
9,662
126,968
219,157
67,369
486,946
420,860
550,817
Net Income, GAAP
33.92
35.83
35.27
38
38.15
- -
49.91
- -
0.12
23.91
57.27
37.83
34.55
46.09
36.41
34.65
35.88
Effective Tax Rate (%)
8.05
12.44
9.04
3.75
2.44
-4.07
7.72
29.33
33.92
26.48
5.92
24.11
20.31
5.29
30.68
24.67
27.58
Profit Margin (%)
898
332
673
455
707
910
1,444
3,691
24,639
17,682
11,607
29,672
174,574
665,616
840,725
1,789,712
1,923,685
Working Capital
1,487
1,607
1,852
1,862
2,160
2,888
3,772
4,680
31,004
43,375
64,803
100,121
282,428
895,185
659,998
1,460,728
1,535,572
LT Debt
2,699
1,951
2,034
2,023
1,868
1,695
2,526
25,280
47,604
65,461
99,662
234,906
832,157
1,863,349
2,938,158
3,127,865
3,966,734
Total Equity
4.89
8.51
11.85
10.12
12.67
- -
24.18
- -
50.84
31.73
21.32
48.47
31.35
9
12.73
11.33
12.6
Return on Invested Capital (%)
4.89
8.34
9.46
5.86
19.63
- -
27.62
- -
49.3
31.02
10.02
57.16
34.06
5.25
16.19
11.22
14.24
Return on Capital (%)
4.5
9.92
11.68
5.3
5.4
-9.66
52.41
63.64
65.61
46.55
11.7
75.9
41.08
5
20.28
13.88
16.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
244,878
162,363
172,904
LT Borrowings
1,459,496
1,408,007
1,534,934
LT Finance Leases
1,232
883
638
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
753
753
753
Market Capitalization
33,967,114
36,034,661
33,231,251

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,236,945
2,234,274
2,643,483
Cash, Cash Equivalents & STI
1,808,174
1,806,015
2,206,080
Accounts Receivable, Net
196,615
224,072
238,533
Inventories
10,365
12,343
9,114
Total Current Liabilities
447,234
437,014
719,798
Payables & Accruals
192,534
263,700
375,341
ST Debt
244,878
162,363
172,904
Deferred Revenue
8,862
9,683
170,235

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
170.57%
115.6%
6.46%
Free Cash Flow
360.44%
48.42%
-9.57%
Net Income, GAAP
190.06%
365.33%
-13.57%
Sales/Revenue/Turnover
96.61%
75.51%
7.5%
Total Cash Common Dividend
- -
- -
491,813,219.15%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
295,565
363,424
331,968
411,536
1,587,284
2025
425,656
458,002
421,417
561,680
1,706,291
2026
483,141
530,827
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
579.3
795.33
457
- -
3,234.4
2025
945.55
357.22
744.32
- -
2,795.44
2026
1,062.63
884.38
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
-374.37
- -
1,535.36
2026
- -
- -
- -
- -
- -
Business
Transportadora de Gas del Sur S.A. Transportadora de Gas del Sur S.A. (TGS) transports natural gas and produces and commercializes natural gas liquids in Argentina, operating the largest pipeline system in Latin America that handles approximately 60% of the country's natural gas consumption; the company provides midstream services including natural gas conditioning, treatment, impurity removal, compression, collection, transport, pipeline inspection, maintenance, and steam generation for electricity production; it also offers telecommunications services through its Telcosur unit via a digital terrestrial radio relay network. TGS operates through four segments—Natural Gas Transportation Services, Liquids Production and Commercialization, Midstream, and Telecommunications—with core assets encompassing the Neuba I, Neuba II, and San Martin pipelines spanning over 7,900 kilometers, compressor stations with significant horsepower capacity, and the General Cerri Complex in Bahía Blanca for recovering ethane, propane, butane, natural gasoline, and other NGLs, which it dispatches via nearby Galván Harbor to residential, commercial, industrial, and power generation customers. Founded in 1992 following the privatization of Gas del Estado and headquartered in Buenos Aires, TGS serves markets across southern and western Argentina including Neuquén, Río Negro, La Pampa, Buenos Aires, Chubut, and Tierra del Fuego provinces, with about 1,150 employees; it functions as a subsidiary of Compañía de Inversiones de Energía S.A. and maintains operations concentrated in the Vaca Muerta shale basin. Recent developments include securing in October 2025 a major contract ratified by the Argentine Energy Bureau for expanding Section I of the Perito Francisco Pascasio Moreno Gas Pipeline to enhance transportation capacity and support Vaca Muerta growth; awarding in June 2024 of expansion works for the same pipeline to promote Vaca Muerta development and reduce imports; selection to operate and maintain the 573-km Tratayén-Salliquelö section of the Presidente Néstor Kirchner Gas Pipeline; ongoing extension of the Vaca Muerta Norte Pipeline by 32 km; new gas transportation and treatment contracts in 2024 boosting average firm contracted capacity to 22.8 million cubic meters per day for transportation and 14.5 million for treatment as part of a multi-year investment plan started in 2023; a strategic alliance with Grupo Datco via Telcosur to improve connectivity in Vaca Muerta and southern regions; receipt of Latin Finance's "Deals of the Year 2024" award for its corporate bond; and celebration of 30 years listed on the New York Stock Exchange.

Company News

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  • Transportadora De Gas Sa Ord B Q2 Earnings Call Highlights

  • Transportadora de Gas del Sur S.A. (TGS) Q2 2026 Earnings Call Transcript

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  • Chevron and Partners to Support TGS-Led Argentina NGL Project

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  • TGS Awarded Streamer 3D Contract in the Africa & Middle East Region

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  • Wall Street Analysts Predict a 30.51% Upside in Transportadora De Gas Ord B (TGS): Here's What You Should Know

  • A Look at Transportadora de Gas del Sur SA (TGS) After 3.4% Gain -- GF Value $23.26 vs Price $30.36

  • Is Transportadora de Gas del Sur SA (TGS) Overvalued After 4.7% Rally? GF Value Says Overvalued

  • 5 Value Stocks With Impressive EV-to-EBITDA Ratios to Own Now

  • Argentina approves TGS for tax incentive scheme in $550 mln gas pipeline expansion

  • TGS or MPLX: Which Is the Better Value Stock Right Now?

  • TGS Files 2025 Annual Report on Form 20-F