tiprankstipranks
TGS Reports Soaring Q2 2024 Earnings
Company Announcements

TGS Reports Soaring Q2 2024 Earnings

Transportadora De Gas Sa Ord B (TGS) has released an update.

Don't Miss our Black Friday Offers:

Transportadora de Gas del Sur S.A. reported a substantial increase in comprehensive income for the second quarter of 2024, with income per share more than doubling compared to the same period last year. The company’s operating profit surged due to higher revenues in its Natural Gas Transportation and Midstream segments, although it experienced a decrease in revenues from the Production and Commercialization of Natural Gas Liquids. Additionally, tgs successfully placed Class 3 Notes worth US$ 490 million, using the proceeds to settle outstanding 2025 Notes.

For further insights into TGS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskTransportadora De Gas Sees Revenue Surge Amid Tariff Adjustments
TipRanks Auto-Generated NewsdeskTransportadora De Gas Reports Strong 3Q2024 Results
TipRanks Auto-Generated NewsdeskTransportadora De Gas Announces Tariff Increase
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App