TGS Stock Recent News

OSLO, Norway (27 September 2024) – TGS ASA, a leading provider of energy data and intelligence is assigned Ba3 rating with a stable outlook from Moody's.

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.

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.

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.

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.

OSLO, NORWAY (28 June 2024) - The Annual General Meeting of TGS ASA ("TGS" or the "Company") was held on 28 June 2024. All resolutions proposed were approved by the shareholders.

OSLO, Norway (24 June 2024) – OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced TGS ASA (Oslo Bors: TGS; OTCQX: TGSNF, TGSGY), a company that provides energy data and intelligence to companies and investors across energy markets, has qualified to trade on the OTCQX® Best Market. TGS ASA upgraded to OTCQX from the Pink® market.

Low-beta energy stocks like HighPeak Energy (HPK), Vitesse Energy (VTS) and Transportadora (TGS) are worth betting on since notorious volatility is an integral part of the energy sector.

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.