Transportadora de Gas del Sur S.A.(TGS)

Search documents
Transportadora De Gas Ord B (TGS) Moves 7.9% Higher: Will This Strength Last?
ZACKS· 2025-07-31 15:25
Transportadora De Gas Ord B belongs to the Zacks Oil and Gas - Production and Pipelines industry. Another stock from the same industry, Pembina Pipeline (PBA) , closed the last trading session 0.5% higher at $36.99. Over the past month, PBA has returned -1.9%. Transportadora De Gas Sa Ord B (TGS) shares ended the last trading session 7.9% higher at $30.01. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 7.4% gain o ...
TGS - Ex dividend of NOK 1.58 per share today
Globenewswire· 2025-07-24 05:00
OSLO, NORWAY (24 July 2025) – The shares in TGS ASA will be traded ex dividend NOK 1.58 (USD 0.155) as from today, 24 July 2025. ...
TGS announces Q2 2025 results
Globenewswire· 2025-07-17 05:00
Core Insights - The Q2 2025 results were negatively impacted by postponed data licensing deals, challenging operational conditions on a streamer project, and lower partner participation in multi-client projects, leading to reduced revenue recognition [1][5] - Despite short-term caution from clients due to macroeconomic uncertainty and high oil price volatility, the long-term need for exploration remains strong, as large E&P companies face declining production rates without new reserves [1] Financial Performance - Order inflow for Q2 2025 was USD 133 million, resulting in a total order backlog of USD 425 million [5] - Net cash flow improved to USD 11 million in Q2 2025, compared to a negative cash flow of USD 13 million in Q2 2024 [5] - The company is maintaining a stable dividend payment of USD 0.155 per share to be paid in Q3 2025 [5] Cost Management - Gross operating costs for 2025 are expected to be approximately USD 950 million, down from previous guidance of USD 1,000 million, driven by efficiency gains and vessel scheduling [5]
TGS Q2 2025 Operational and Financial Update
Globenewswire· 2025-07-08 05:00
Core Insights - TGS ASA reported a financial update for Q2 2025, indicating a significant increase in revenues compared to Q2 2024, with IFRS revenues expected to be approximately USD 332 million, up from USD 224 million [1][4] - The company faced challenges in Q2 2025, including lower-than-expected data licensing, operational difficulties, and reduced participation from joint venture partners, which impacted revenue recognition [4] Revenue Breakdown - Produced revenues are projected to be around USD 306 million in Q2 2025, compared to USD 215 million in Q2 2024 [2][6] - Contract revenues for Q2 2025 are estimated at USD 171 million, an increase from USD 100 million in Q2 2024 [3] Multi-client Insights - Multi-client revenues are expected to reach approximately USD 135 million in Q2 2025, compared to USD 115 million in Q2 2024 [2] - Multi-client investment is anticipated to be around USD 120 million in Q2 2025, significantly higher than USD 52 million in Q2 2024 [2] Operational Metrics - The normalized Ocean Bottom Node (OBN) crew count for Q2 2025 was 1.7 for contracts and 1.1 for multi-client, compared to 2.7 and 0.0 respectively in Q2 2024 [1] - The allocation of active seismic streamer 3D vessel capacity showed a shift, with contract capacity increasing to 55% from 28% year-over-year [1] Future Outlook - CEO Kristian Johansen expressed optimism about future exploration activity, citing positive developments in Brazil and the US Gulf of America as drivers for increased seismic activity [4]
TGS Webcast Details for Q2 2025 Presentation
Globenewswire· 2025-06-26 05:00
Group 1 - TGS, a leading global provider of energy data and intelligence, will release its Q2 2025 results on July 17, 2025, at 07:00 a.m. CEST [1] - The presentation of the results will be conducted by CEO Kristian Johansen and CFO Sven Børre Larsen at 09:00 a.m. CEST, and it will be webcasted live [1] - The Q2 2025 earnings release and presentation will be accessible on TGS's official websites [1] Group 2 - TGS provides advanced data and intelligence to companies in the energy sector, utilizing leading-edge technology and solutions across the entire energy value chain [2] - The company offers a comprehensive range of insights to assist clients in making informed decisions, supported by a diverse energy data library [2] - TGS is recognized as a trusted partner in the exploration and production of energy resources globally [2]
TGS and Viridien Announce Launch of Laconia Phase III OBN Survey in the Gulf of America
Globenewswire· 2025-06-19 05:00
Core Insights - TGS, in collaboration with Viridien, has launched Laconia Phase III, a significant ocean bottom node (OBN) survey program in the Gulf of America, covering approximately 150 OCS blocks [1][2] - The program aims to provide Ultra Long Offset OBN data using advanced technologies, enhancing geophysical imaging clarity and targeting the Paleogene play in the central Keathley Canyon area [2][4] - Initial products from the Laconia Phase III survey are expected to be delivered in Q1 2026, with the acquisition phase ongoing through Q3 2025 [3] Company Overview - TGS is recognized as a global leader in energy data and intelligence, offering advanced data solutions across the energy value chain [5][6] - The company emphasizes its commitment to delivering high-quality seismic solutions to support the energy industry [4] - TGS's collaboration with Viridien leverages both companies' strengths to provide high-impact datasets for offshore exploration [4]
TGS and Oseberg Partner to Integrate Lease Data into Well Data Analytics Platform
Globenewswire· 2025-06-09 05:00
Core Insights - TGS has formed a strategic partnership with Oseberg to enhance its Well Data Analytics (WDA) platform by integrating Oseberg's lease data attributes, which will improve analysis capabilities for energy sector companies [1][2]. Group 1: Partnership Details - The first phase of the integration allows WDA users to access lease ownership data for Texas, New Mexico, and Oklahoma, along with other subsurface well data, facilitating more efficient well planning and risk reduction [2]. - The collaboration aims to optimize development strategies by aligning drilling programs with land ownership and leasehold constraints, with applications in merger and acquisition analysis, project site planning, investment evaluation, and resource inventory management [2]. Group 2: Statements from Executives - Carl Neuhaus, VP of Well Data Products at TGS, emphasized that the partnership combines high-quality lease data with comprehensive geological and well databases, enabling users to verify land ownership quickly and improve development planning accuracy [3]. - Evan Anderson, CEO of Oseberg, highlighted the importance of structured and context-rich information for decision-making, noting that their focus is on structuring unstructured filings to provide critical insights for reserves and strategy [3][4]. Group 3: Company Backgrounds - TGS boasts the industry's most extensive well data library, with over 100 years of curated public and non-public sources, and offers a user-friendly WDA tool that integrates high-quality well data with advanced visualization and customizable dashboards [5]. - Oseberg is a next-generation data company that transforms unusable oil and gas public filings into actionable intelligence, utilizing a specialized NLP engine to handle complex data formats and provide real-time insights [6].
TGS Commences Ultra-High Resolution 3D Seismic Survey for Green Volt Wind Development
Globenewswire· 2025-06-06 05:00
Core Insights - TGS has initiated a geophysical survey for the Green Volt floating offshore wind farm, which is Europe's first commercial-scale floating wind farm at 560 MW [1][2] - The project is a joint venture between Flotation Energy and Vårgrønn, aimed at developing a specialized UK floating wind supply chain [2][12] - The survey will utilize advanced technologies to enhance geological understanding and support site planning and risk assessments [3][6] Company Overview - TGS is a leading global provider of energy data and intelligence, with a significant presence in the UK, employing over 200 staff across three offices [4][9] - The company offers a comprehensive range of insights and advanced data technologies to support energy exploration and production [9] Project Details - The Green Volt project will feature up to 35 floating wind turbines, providing clean power to the UK grid and facilitating electrification of oil and gas platforms [11] - The project aims to reduce carbon emissions by one million tonnes per year, contributing to the UK's net-zero targets [12] - Green Volt has secured all necessary planning approvals and was awarded a Contract for Difference (CfD) by the UK Government in September 2024 [12] Survey Technology - The survey will employ integrated Multibeam Echo Sounder, Side Scan Sonar, Sub-bottom Profiler, and Magnetometer sensors to collect ultra-high resolution 3D seismic data [3][6] - UHR3D data will provide detailed insights into subsurface conditions, helping to identify geological hazards and improve site assessment [6][7]
Transportadora de Gas del Sur: Unlocking The Potential Of Vaca Muerta
Seeking Alpha· 2025-06-04 09:23
Company Overview - Transportadora de Gas del Sur (TGS) is an Argentine energy company involved in the production and commercialization of natural gas, highlighting its significance in Argentina's energy sector [1]. Investment Opportunity - TGS presents a compelling investment opportunity linked to Argentina's energy potential, suggesting a favorable outlook for the company's growth and profitability [1].
Transportadora De Gas Del Sur: Expanding Earnings, Compressing Multiples
Seeking Alpha· 2025-06-03 13:00
Group 1 - Transportadora de Gas del Sur (NYSE: TGS) is experiencing structural changes after years of frozen rates, with a normalization of the regulated business expected to begin in 2024 [1] - Starting in May 2025, TGS will implement an automatic monthly inflation update to adjust rates [1]