Transportadora de Gas del Sur SA (NYSE:TGS)

Q2 2025 Transportadora de Gas del Sur SA Earnings Call Transcript

Aug 6, 2025 / 02:00 PM GMT

Release Date Price: $29.71 (+2.06%)

Transcript

Key Points

Positve

Transportadora de Gas del Sur SA (TGS) successfully completed a five-year tariff revision, with monthly inflation adjustments now in place, potentially stabilizing revenue streams.
The company managed to resume normal operations at its processing plant by early May after a severe storm in March, showcasing effective crisis management.
TGS is the sole bidder for the expansion of the Perito Moreno pipeline, which could lead to a significant increase in transportation capacity and future revenue.
The national executive power extended TGS's license for another 20 years, ensuring long-term operational stability.
A dividend payment of 200 billion pesos was approved and paid, reflecting strong shareholder returns.

Negative

TGS reported a significant decline in total net income from 119.7 billion pesos in Q2 2024 to 40.3 billion pesos in Q2 2025, primarily due to lower financial yields.
The natural gas transportation segment saw a substantial EBITDA decrease due to insufficient tariff adjustments to offset high inflation.
The liquids business segment experienced a more than 50% drop in EBITDA, impacted by extraordinary expenses from a flood and reduced sales volumes.
Financial results were negatively affected by a 76 billion peso variation, driven by lower yields on domestic financial investments and higher foreign exchange losses.
Cash position decreased by 33% during the quarter, indicating potential liquidity challenges.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TGSU2m.BA - Transportadora de Gas del Sur SA
Q2 2025 Transportadora de Gas del Sur SA Earnings Call
Aug 06, 2025 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning.

Good morning, everyone.

And Carlos Salmaro, head of investor relations.

I would like to welcome everyone to TGS 2nd quarter 2025 earning video conference. TGS issued its earnings released yesterday.

If you did not receive a copy of the release, please contact us at Inverso.t.com. Aar.

Before we begin the call, I would like to inform you that this event is being recorded and all participants are in listen-only mode.

Following the company's remarks, we will host a Q&A session. All questions will need to be submitted in writing through the Q&A chat box.

I would also like to remind you that forward-looking statement made

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