Core Viewpoint - The article emphasizes the importance of value investing and highlights Transportadora De Gas Ord B (TGS) as a strong candidate for value investors due to its favorable financial metrics and strong earnings outlook [2][7]. Company Analysis - Transportadora De Gas Ord B (TGS) has a Zacks Rank of 1 (Strong Buy) and an A grade for Value, indicating it is currently considered a top value stock [4]. - The stock is trading at a P/E ratio of 10.93, significantly lower than the industry average P/E of 15.70, suggesting it may be undervalued [4]. - TGS's Forward P/E has fluctuated between 54.87 and 10.93 over the past year, with a median of 16.37, indicating volatility but also potential for growth [4]. - The company has a P/B ratio of 1.49, which is lower than the industry average P/B of 1.90, further supporting the notion of undervaluation [5]. - TGS's P/B ratio has ranged from 0.56 to 1.90 in the past 12 months, with a median of 1.03, showing a solid position relative to its book value [5]. - The P/S ratio for TGS is 2.51, which is comparable to the industry average P/S of 2.52, indicating that revenue performance is in line with industry standards [6]. Investment Outlook - The combination of TGS's favorable financial ratios and strong earnings outlook positions it as one of the market's strongest value stocks, appealing to value investors [7].

OSLO, NORWAY (25 July 2024) – An Extraordinary General Meeting of TGS ASA ("TGS" or the "Company") was held on 25 July 2024. All resolutions proposed were approved by the shareholders. Bård Stenberg VP IR & Communication investor@tgs.com The minutes from the Extraordinary General Meeting are available on www.tgs.com. For more information, visit TGS.com (http://www.tgs.com), email generalmeeting@tgs.com, or contact: ...

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Another valuation metric that we should highlight is TGS's P/B ratio of 1.64. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B o ...

OSLO, Norway (17 July 2024) – TGS, a global provider in energy data and intelligence, announces Shell Information Technology International B.V has signed a global multi-year agreement to license the TGS Imaging AnyWare software suite. This agreement provides opportunities for strategic collaboration and underscores TGS' commitment to harnessing advanced technology to elevate data processing and analytical capabilities for its clients. Through this agreement, Shell will migrate from their current in-house so ...

The minutes from the Annual General Meeting are available on www.tgs.com. Sven Børre Larsen Chief Financial Officer investor@tgs.com TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions. All statements in this press release other than statements of historical fact are forward-look ...

TGS ASA begins trading today on OTCQX under the symbols "TGSNF" and "TGSGY." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Sven Borre Larsen, CFO at TGS, commented, "Entering the OTCQX Market marks an important milestone for TGS ASA. By joining this market, we aim to enhance recognition and engagement among a broader base of U.S. investors, also making it easier for a larger group of U.S. investors to access our shares. This move und ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities and Exchange Act of 1934 _____________ City of Buenos Aires, April 24, 2024. For April 24, 2024 Commission file number: 1-13.396 Transportadora de Gas del Sur S.A. Don Bosco 3672, Fifth Floor 1206 Capital Federal Argentina Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F X Fo ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR (G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________. OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Financial Data and Key Metrics - Net income for Q3 2023 was ARS4.9 billion, a significant decline from ARS11.4 billion in Q3 2022, primarily due to a ARS5.7 billion negative variation in financial results and a ARS4 billion decrease in liquids EBITDA [5] - Liquids EBITDA decreased by 31% to ARS9 billion in Q3 2023, compared to ARS13 billion in Q3 2022, driven by a 30% decline in LPG prices [6] - Natural gas transportation EBITDA decreased slightly by ARS1 million, impacted by a ARS10.1 billion negative inflation effect on revenues, partially offset by a ARS7.3 billion increase from a 95% transitional tariff hike [17] - Other services EBITDA increased by 46% to ARS10.8 billion, driven by higher natural gas transportation and conditioning volumes [19] - Cash position increased slightly to ARS210.3 billion (approximately $600 million), with 73% of EBITDA generated by non-regulated businesses [20] Business Line Performance - Liquids business saw a decline in revenues due to lower LPG prices, partially offset by higher ethane volumes sold and lower natural gas costs [6][7] - Natural gas transportation volumes rose from 15 million cubic meters per day in Q3 2022 to 23 million cubic meters per day in Q3 2023, while conditioning volumes increased from 10 million to 15 million cubic meters per day [19] - Midstream services in Vaca Muerta are expected to grow significantly, with expansions increasing capacity to 28 million cubic meters per day by 2024 [14][36] Market and Strategic Developments - The company commissioned a 32-kilometer extension of the North Tranche pipeline in Vaca Muerta, increasing capacity to 60 million cubic meters per day [2] - The Argentine government is revising offers for the reversal of the Techint North pipeline, expected to be commissioned before winter 2024 [3] - The company is working on two additional conditioning capacity expansions, with a CapEx of approximately $300 million, to increase total capacity to 28 million cubic meters per day by 2024 [14] - The company expects to benefit from the commissioning of the Néstor Kirchner pipeline and the construction of its second tranche, providing growth opportunities in midstream services [15] Management Commentary on Operating Environment and Outlook - The company faces challenges due to inflation and foreign exchange restrictions, requiring offshore financing for imports [10][44] - Management expects the license extension to be granted in 2024, which is crucial for strategic planning and business expansion [4][11] - The company anticipates midstream services to become the largest EBITDA contributor by 2026, depending on tariff renegotiations [46] Other Important Information - CapEx for the period amounted to ARS19.8 billion, with loans of ARS11.6 billion and a working capital increase of ARS11.2 billion [9] - Financial results recorded a negative variation of ARS5.7 billion, mainly due to foreign exchange losses and inflation exposure, partially offset by financial asset income [29] Q&A Session Summary Question: What are the CapEx expectations for 2023 and 2024? - The company is taking offshore financing for imports due to restrictions on the official exchange market, with loans expected to be paid next year [10] Question: What is the status of the license extension request? - The company expects the license extension to be granted in 2024, which is critical for business expansion and strategic planning [4][11] Question: What are the reasons for the decline in propane export volumes? - The decline is attributed to seasonality, with expectations of compensation in Q4 2023 [31] Question: What are the expectations for midstream services growth in Vaca Muerta? - The company expects to increase volumes from 15 million to 28 million cubic meters per day by mid-2024, with expansions expected to be operational by May and July/August [36] Question: What are the implications of the license extension for the company? - The extension is crucial for both regulated and non-regulated businesses, with significant implications for strategic planning [33] Question: What are the plans for LNG and LPG projects? - The company is currently studying LNG projects and expects to make a decision in the second half of 2024 [35][38] Question: What are the expectations for natural gas transportation tariff revisions? - The company is in talks with ENARGAS for a transitional adjustment and expects the tariff revision process to take at least six months [40] Question: What are the FX restrictions impacting the company? - The company faces restrictions on accessing the official exchange rate for purchasing goods and services, relying on loans for imports [44] Question: When will midstream services become the largest EBITDA contributor? - Midstream services are expected to become the largest EBITDA contributor by 2026, depending on tariff renegotiations [46] Question: What are the benefits of the Techint North pipeline reversal? - The company expects annual revenues of approximately $150 million from the pipeline reversal [54]