GAS TRANSPORTER OF THE SOUTH INC (TGS)
Transportadora de Gas del Sur S.A. (TGS) is an Argentine enterprise specializing in the transit of natural gas and the extraction and distribution of natural gas liquids. The company's activities are organized across four primary divisions. Its Natural Gas Transportation division oversees a substantial 5,769-mile pipeline system, through which it delivers natural gas to utility providers, power plants, and industrial clients. This segment also handles the ongoing operation and upkeep of its gas transmission facilities. The Liquids Production and Commercialization unit focuses on manufacturing and marketing various natural gas liquids, including ethane, liquefied petroleum gas (LPG), natural gasoline, propane, and butane, serving both domestic and international markets. The Other Services segment provides a suite of intermediate processing functions, such as the purification, separation, and decontamination of natural gas streams, alongside gas compression services. Furthermore, this division is involved in the construction, operation, and maintenance of pipelines and compressor stations, and generates steam for power generation. Lastly, the Telecommunications segment offers communication services, leveraging a sophisticated network that includes a digital microwave system with synchronous digital hierarchy (SDH) technology, as well as a dark fiber optic infrastructure. As of December 31, 2021, TGS had extended its services to approximately 6.2 million final consumers, encompassing residential, commercial, industrial, and electricity generation sectors. Founded in 1992 and headquartered in Buenos Aires, Argentina, Transportadora de Gas del Sur S.A. operates as a subsidiary of Compañía de Inversiones de Energía S.A.
Sector: Natural Gas Transmission
Industry: Oil & Gas Integrated
Transportadora de Gas del Sur S.A.
No splits on record
Nothing in TGS's public trading history: no forward or reverse split has affected the share count.
Not listed: 1 stock dividend or distribution row in the vendor series, which is not a split.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.29B | $780.78M | $626.05M | $698.21M | $340.81M | $105.68M | $64.3M |
| YoY Growth | 64.8% | 24.7% | -10.3% | 104.9% | 222.5% | 64.3% | - |
| Cost of Revenue | $597.26M | $372.23M | $401.24M | $421.44M | $187.09M | $52.45M | $32.41M |
| Gross Profit | $689.08M | $408.55M | $224.81M | $276.78M | $153.73M | $53.23M | $31.89M |
| Gross Margin | 53.6% | 52.3% | 35.9% | 39.6% | 45.1% | 50.4% | 49.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $133.88M | $32.9M | $31.11M | $24.44M | $9.13M | $2.8M | $5.28M |
| Other | -$1.93M | $13.09M | $29.63M | $22.19M | $10.81M | $11.16M | $341K |
| Total Operating Expenses | $131.95M | $45.99M | $60.74M | $46.63M | $19.94M | $13.96M | $5.62M |
| Operating Income (EBIT) | $557.13M | $362.56M | $164.07M | $230.15M | $133.78M | $39.27M | $26.27M |
| Operating Margin | 43.3% | 46.4% | 26.2% | 33.0% | 39.3% | 37.2% | 40.9% |
| Interest Expense | $66.83M | $36.05M | $34.7M | $29.83M | $17.54M | $31K | $243K |
| Interest Income | $24.66M | $15.04M | $34.09M | $8.05M | $3.11M | $5K | $10K |
| Other Income (Expense) | -$71.6M | $14.11M | -$102.6M | -$13.47M | -$1.63M | -$24.64M | -$3.9M |
| Income Before Tax (EBT) | $485.53M | $376.67M | $61.47M | $216.68M | $132.15M | $14.63M | $22.38M |
| Income Tax Expense | $168.25M | $137.14M | $28.33M | $74.87M | $50M | $8.38M | $5.35M |
| Net Income | $317.28M | $239.53M | $33.14M | $141.81M | $82.16M | $6.25M | $17.03M |
| Net Income Margin | 24.7% | 30.7% | 5.3% | 20.3% | 24.1% | 5.9% | 26.5% |
| Supplementary Data | |||||||
| EPS | 3250.25 | 2458.70 | 156.20 | 214.65 | 139.05 | 21.55 | 82.50 |
| Diluted EPS | 3250.25 | 2458.70 | 156.20 | 214.65 | 139.05 | 21.55 | 82.50 |
| Weighted Average OS | 150.55M | 150.55M | 150.55M | 150.55M | 150.55M | 152.47M | 155.22M |
| EBITDA | $683.05M | $496.62M | $181.61M | $332.4M | $187.42M | $32.74M | $30.04M |
| EBITDA Margin | 53.1% | 63.6% | 29.0% | 47.6% | 55.0% | 31.0% | 46.7% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $520.13M | $38.81M | $9.3M | $6.02M | $5.58M | $4.55M | $8.6M |
| Short-Term Investments | $649.47M | $476.62M | $454.95M | $79.17M | $16.73M | $2.09M | $920K |
| Cash and Short-Term Investments | $1.17B | $515.43M | $464.25M | $85.2M | $22.31M | $6.63M | $9.52M |
| Accounts Receivable | $142.38M | $110.46M | $92.31M | $46.9M | $16.62M | $6.87M | $7.29M |
| Inventory | $126.76M | $2.37M | $10.81M | $3.69M | $1.47M | $558K | $271K |
| Other Current Assets | $1 | $0 | $0 | $0 | $0 | $0 | $241K |
| Total Current Assets | $1.45B | $652.29M | $599.16M | $155.67M | $44.74M | $15.43M | $18.45M |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $2.05B | $1.54B | $1.4B | $593.4M | $189.29M | $96.57M | $65.68M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $3.73M | $793K | $151.68M | $81.24M | $28.33M | $13.56M | $74K |
| Deferred Tax Assets | $33K | $3K | $0 | $55K | $30K | $24K | $14K |
| Other Long-Term Assets | $6K | $283K | $51K | $30K | $11K | $9K | $8K |
| Total Long-Term Assets | $2.06B | $1.54B | $1.55B | $674.72M | $217.67M | $110.17M | $65.77M |
| Other Assets | $1 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.5B | $2.2B | $2.15B | $830.39M | $262.4M | $125.6M | $84.22M |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $64.98M | $49.65M | $58.79M | $21.21M | $7.65M | $2.74M | $3.62M |
| Short-Term Debt | $137.36M | $12.05M | $6.03M | $1.89M | $696K | $446K | $1.2M |
| Current Income Tax Payable | $0 | $0 | $7.4M | $2.87M | $12.33M | $1.87M | $443K |
| Current Unearned Revenue | $5.73M | $4.83M | $6.36M | $2.11M | $633K | $311K | $194K |
| Other Current Liabilities | $29.28M | $33.9M | $73.94M | $7.8M | $2.09M | $1.13M | $344K |
| Total Current Liabilities | $289.29M | $238.74M | $168.45M | $42.71M | $25.54M | $7.92M | $7.01M |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $944.06M | $320.66M | $563.87M | $176.51M | $61.77M | $39.58M | $26.29M |
| Long-Term Unearned Revenue | $89.18M | $72.29M | $77.24M | $23.61M | $7.09M | $3.96M | $2.58M |
| Long-Term Deferred Tax Liabilities | $155.58M | $115.63M | $119.19M | $42.82M | $12.98M | $7.3M | $4.21M |
| Other Long-Term Liabilities | $1 | $0 | $133K | $29K | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.19B | $512.57M | $775.82M | $249.21M | $84.86M | $53.19M | $34.86M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.48B | $751.32M | $944.27M | $291.92M | $110.4M | $61.11M | $41.86M |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $487K | $477.9M | $477.9M | $219.46M | $70.47M | $36.18M | $24.97M |
| Retained Earnings | $272.23M | $239.53M | $33.14M | $65.12M | $26.38M | $3.21M | $12M |
| Comprehensive Income & Other | $1.17B | $789.69M | $756.55M | $282.29M | $64.27M | $29.78M | $6.73M |
| Other Stockholders' Equity | $1.75B | $727.84M | $694.7M | $253.9M | $55.15M | $25.1M | $5.39M |
| Total Equity | $2.02B | $1.45B | $1.21B | $538.47M | $152M | $64.49M | $42.36M |
| Minority Interest | $2K | $1K | $1K | $221 | $63 | $30 | $25 |
| Total Liabilities and Equity | $3.5B | $2.2B | $2.15B | $830.39M | $262.4M | $125.6M | $84.22M |
| Supplementary Data | |||||||
| Total Debt | $1.08B | $341.76M | $594.16M | $186.99M | $66.27M | $42.85M | $29.58M |
| Net Debt | $562.08M | $302.95M | $584.86M | $180.97M | $60.69M | $38.3M | $20.98M |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $219K | $239.53M | $33.14M | $141.81M | $82.16M | $6.25M | $17.03M |
| Depreciation & Amortization | $130.69M | $83.9M | $85.43M | $85.89M | $37.72M | $11.72M | $4.91M |
| Deferred Income Tax | $3K | $137.14M | $28.33M | $74.87M | $50M | $8.38M | $5.35M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$95K | -$106.61M | -$75.39M | -$62.85M | -$38.12M | -$1.52M | -$7.44M |
| Inventory | -$3K | $2.59M | -$8.22M | -$2.91M | -$2.35M | -$502K | $70K |
| Accounts Payable | $24K | $19.71M | $41.37M | $19.48M | $10.6M | $274K | $187K |
| Other Working Capital | -$555 | $7.45M | $34.36M | $9.81M | $602K | $1.14M | $1.01M |
| Total Working Capital Change | -$74K | -$76.86M | -$7.89M | -$36.47M | -$29.27M | -$611K | -$6.17M |
| Other Non-Cash Items | -$130.55M | $28.43M | $212.39M | -$110.7M | -$119.35M | $28.51M | -$3.18M |
| Net Cash from Operating | $287K | $412.14M | $351.4M | $155.4M | $21.27M | $54.25M | $17.95M |
| Investing Activities | |||||||
| Capital Expenditures | -$167K | -$187.53M | -$190.35M | -$111.05M | -$37.87M | -$14.78M | -$21.18M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$70K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$140.1M | -$192.3M | -$65.42M | $16.62M | -$42.46M | -$947K |
| Net Cash from Investing | -$236K | -$327.64M | -$382.65M | -$176.47M | -$21.25M | -$57.24M | -$22.13M |
| Financing Activities | |||||||
| Debt Repaid | - | $20.29M | -$34.74M | -$26.67M | - | $2.58M | -$1.37M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | -$1.68M |
| Dividends Paid | -$120K | $0 | $0 | $0 | $0 | -$30 | -$12.98M |
| Other Financing Activities | -$430 | -$6.4M | $10.96M | -$10.76M | $0 | -$7.08M | -$1.77M |
| Net Cash from Financing | $340K | -$26.68M | $45.7M | $15.91M | -$669K | -$9.65M | -$15.05M |
| Forex Effect | -$70K | $146K | $2.69M | $1.28M | -$154K | $1.45M | $4.95M |
| Net Change in Cash | $321K | $38.82M | -$883K | -$24.74M | -$10.19M | -$16.44M | -$21.06M |
| Supplementary Data | |||||||
| Operating Cash Flow | $287K | $412.14M | $351.4M | $155.4M | $118.94M | $54.25M | $17.95M |
| Capital Expenditure | -$167K | -$246.7M | -$250.4M | -$111.05M | -$37.87M | -$14.78M | -$21.18M |
| Free Cash Flow | $120K | $165.44M | $101M | $44.35M | $81.06M | $39.47M | -$3.24M |
| Cash at Beginning | $38K | $12.23M | $13.12M | $37.86M | $27.57M | $25.29M | $34.05M |
| Cash at End | $358K | $51.05M | $12.23M | $13.12M | $17.38M | $8.85M | $12.98M |