Transportadora de Gas del Norte (BUE:TGNO2) Construction In Progress : ARS19,117 Mil (As of Mar. 2024)

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What is Transportadora de Gas del Norte Construction In Progress?

Transportadora de Gas del Norte's quarterly construction in progress declined from Sep. 2023 (ARS11,159 Mil) to Dec. 2023 (ARS10,631 Mil) but then increased from Dec. 2023 (ARS10,631 Mil) to Mar. 2024 (ARS19,117 Mil).

Transportadora de Gas del Norte's annual construction in progress increased from Dec. 2021 (ARS10,109 Mil) to Dec. 2022 (ARS32,994 Mil) but then declined from Dec. 2022 (ARS32,994 Mil) to Dec. 2023 (ARS10,631 Mil).

Transportadora de Gas del Norte Construction In Progress Historical Data

The historical data trend for Transportadora de Gas del Norte's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Transportadora de Gas del Norte Construction In Progress Chart

Transportadora de Gas del Norte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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5,544.79

5,847.17

10,108.96

32,993.91

10,630.86

Transportadora de Gas del Norte Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															9,079.78	9,453.18	11,158.96	10,630.86	19,116.81

Transportadora de Gas del Norte Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Transportadora de Gas del Norte (BUE:TGNO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Norte SA (BUE:TGNO2) » Definitions » Construction In Progress

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TGNO4:Argentina

Address

Don Bosco 3672, 3rd floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgn.com.ar

Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. The Company operates a pipeline network of more than 6,788 kilometers. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance and technical assistance of third-party pipelines.

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