TGS ASA (OTCQX:TGSNF) Q4 2024 Earnings Conference Call February 20, 2025 3:00 AM ET Company Participants Bard Stenberg – Vice President-Investor Relations Kristian Johansen – Chief Executive Officer Sven Børre Larsen – Chief Financial Officer Conference Call Participants Cristopher Møllerløkken – SpareBank 1 John Olaisen – ABG Sundal Collier Bard Stenberg Welcome to TGS Q4 2024 Presentation. My name is Bard Stenberg, Vice President, Investor Relations in TGS.
Transportadora de Gas del Sur's transportation segment saw a massive profitability boost due to a 700% tariff increase, but inflation adjustments lag, risking future profitability. The liquids segment faced a 50% YoY operating income drop due to maintenance and unfavorable FX rates, while midstream revenues grew 17% in USD terms. TGS's valuation remains high even under optimistic assumptions, with significant political, economic, and currency risks impacting future performance.
TGS ASA (OTCQX:TGSNF) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Bard Stenberg - VP, IR Kristian Johansen - Chief Executive Officer Sven Borre Larsen - Chief Financial Officer Conference Call Participants Christopher Mollerlokken - SpareBank 1 Markets AS Erik Aspen Fossa - Carnegie Jørgen Andreas Lande - Danske Bank Morten Nystrom - Arctic Securities Bard Stenberg Good morning, and welcome to TGS Q3 presentation. My name is Bard Stenberg, Vice President of Investor Relations in TGS.
Transportadora de Gas del Sur S.A. experienced an impressive 700% tariff adjustment in the transportation segment, resulting in $55 million in operating profit in 2Q24. Liquids and midstream segments showed steady performance, with plans for midstream expansion and stable operating income in the liquids segment. Despite optimistic assumptions, the company's valuation does not offer an attractive return, with a Hold rating maintained due to high risk in the Argentinian regulated sector.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Transportadora De Gas Sa Ord B (TGS) have what it takes to be a top stock pick for momentum investors? Let's find out.