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S&P Upgrades Transportadora de Gas del Sur’s Debt Ratings

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S&P Upgrades Transportadora de Gas del Sur’s Debt Ratings

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

On February 6, 2025, S&P Global Ratings upgraded the long-term local and foreign currency debt ratings of Transportadora de Gas del Sur S.A. from ‘CCC’ to ‘B-‘. This upgrade reflects a revision of Argentina’s transfer and convertibility risk assessment, potentially enhancing the company’s financial standing and market perception.

More about Transportadora De Gas Sa Ord B

Transportadora de Gas del Sur S.A. is a company operating in the energy sector, primarily focused on the transportation of natural gas. The company serves the Argentine market, providing essential gas distribution services to various stakeholders.

YTD Price Performance: -13.30%

Average Trading Volume: 337,092

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $4.69B

Learn more about TGS stock on TipRanks’ Stock Analysis page.

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