Transportadora de Gas del Sur (TGS) Stock Forecast, Price & News

Transportadora de Gas del Sur's stock was trading at $11.80 at the beginning of 2023. Since then, TGS stock has decreased by 13.7% and is now trading at $10.18.
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Transportadora de Gas del Sur saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 188,400 shares, a decrease of 19.1% from the August 15th total of 232,800 shares. Based on an average daily volume of 167,800 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are sold short.
View Transportadora de Gas del Sur's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our TGS earnings forecast.

Transportadora de Gas del Sur S.A. (NYSE:TGS) announced its quarterly earnings results on Monday, August, 7th. The energy company reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.34. The energy company had revenue of $245.89 million for the quarter, compared to the consensus estimate of $231.85 million. Transportadora de Gas del Sur had a trailing twelve-month return on equity of 8.32% and a net margin of 15.60%.

ETFs with the largest weight of Transportadora de Gas del Sur (NYSE:TGS) stock in their portfolio include Global X MSCI Argentina ETF (ARGT).Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH).

21 employees have rated Transportadora de Gas del Sur Chief Executive Officer Kristian Johansen on Glassdoor.com. Kristian Johansen has an approval rating of 26% among the company's employees. This puts Kristian Johansen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Transportadora de Gas del Sur investors own include Petrobras Argentina (PZE), Pampa Energía (PAM), Oi S.A. American Depositary Sha (OIBR), Vedanta Resources (VED), YPF Sociedad Anónima (YPF), VEON (VEON), Companhia Siderúrgica Nacional (SID), NGL Energy Partners (NGL), Teva Pharmaceutical Industries (TEVA) and Pilgrim's Pride (PPC).

Transportadora de Gas del Sur trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGS."

Shares of TGS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TGS stock can currently be purchased for approximately $10.18.

Transportadora de Gas del Sur (NYSE:TGS) has a market capitalization of $1.53 billion and generates $1.29 billion in revenue each year. The energy company earns $248.85 million in net income (profit) each year or $1.01 on an earnings per share basis.

The company employs 1,095 workers across the globe.

Transportadora de Gas del Sur's mailing address is DON BOSCO 3672 5TH FLR, ARGENTINA C1, C1206ABF. The official website for the company is www.tgs.com.ar. The energy company can be reached via phone at 541148659077 or via email at calmagro@tgs.com.