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TGNO2M.BA BYMA (Buenos Aires) Oil & Gas Transportation Services

Transportadora de Gas del Norte SA

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Mcap
P/E
EV / Rev
Div yield
Op margin
42,9 %
ROE
3,1 %
Net margin
22,3 %
Debt / equity
0,10
Beta
52w range
Volume
Day range
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About

Transportadora de Gas del Norte SA operates in the Energy - Fossil Fuels sector, providing oil and gas transportation services, and generates revenue primarily through the transportation of fossil fuels.

Business. Transportadora de Gas del Norte SA (TGNO2M.BA) is an energy company operating in the oil and gas transportation services industry. The firm is headquartered in Argentina and is primarily listed on the Buenos Aires Stock Exchange (BYMA). Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Transportation Services
ActivityEnergy - Fossil Fuels
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
3,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning TGNO2M.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to TGNO2M.BA. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Transportadora de Gas del Norte SA (TGNO2M.BA) is an energy company operating in the oil and gas transportation services industry. The firm is headquartered in Argentina and is primarily listed on the Buenos Aires Stock Exchange (BYMA). Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil & Gas Transportation Services
    ActivityEnergy - Fossil Fuels
    AI synthesis
    GENERATED

    Transportadora de Gas del Norte SA maintains a conservative capital structure with a debt-to-equity ratio of 0.1, indicating a low reliance on debt financing. The company's liquidity position is characterized as medium, with a current ratio of 2.68, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's operating cash flow is negative at -74,173,186,000 ARS, which may raise concerns about its ability to fund operations without external financing.

    In terms of profitability, the company's return on equity (ROE) is 3.07%, and its return on assets (ROA) is 2.59%. These figures are below the industry median for ROE and ROA, indicating that the company is underperforming its peers in terms of generating returns on equity and assets.

    The company's revenue is primarily concentrated in the oil and gas transportation services segment, with no significant geographic diversification disclosed. This concentration may expose the company to higher risks associated with market fluctuations in the fossil fuels sector.

    The company's growth trajectory is not explicitly detailed in the provided data, but the negative operating cash flow and the absence of a clear revenue growth rate suggest that the company may be facing challenges in expanding its operations. The outlook for the current fiscal year does not provide specific numeric deltas for revenue growth.

    The risk assessment indicates a medium liquidity risk, with a key flag noting that net cash is negative after subtracting total debt. The dilution risk is assessed as low, and there are no specific dilution sources or expected timeframes provided in the data.

    Recent events and filings do not provide specific details on the company's recent activities or strategic initiatives. The ESG score of 46.15 and a C+ grade suggest that the company has room for improvement in its environmental, social, and governance practices.

    Key takeaways
    • The company has a low debt-to-equity ratio, indicating a conservative capital structure.
    • The company's ROE and ROA are below the industry median, suggesting underperformance in generating returns.
    • The company's revenue is concentrated in a single segment, which may increase its exposure to market risks.
    • The company faces a medium liquidity risk due to a negative operating cash flow.
    • The company's ESG score is below average, indicating potential areas for improvement in sustainability practices.
    • **margin_outlook_rationale**: The company's margin outlook is uncertain due to the negative operating cash flow and underperformance in ROE and ROA.
    • **rd_outlook_rationale**: No specific information is provided regarding the company's research and development outlook.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Revenue surged 504% year-over-year to ARS 600.6 billion, demonstrating massive top-line growth momentum.

    Net income jumped 279.4% year-over-year to ARS 219.0 billion, reflecting strong profitability expansion.

    Debt-to-equity ratio of 0.1 is well below the 0.49 cohort median, indicating a conservative capital structure.

    BEAR CASE · 2

    Cash conversion ratio of -3.39 places the company in the bottom quartile of its peer cohort.

    The company faces medium liquidity risk, which could constrain operational flexibility or debt servicing.

    In focus — financials by report

    Annual
    ANNUALFiled 2025-03-11
    FY 2025 · Full-year highlights

    Revenue ARS 380.69B, +282,9% YoY; Operating income +126,7% YoY.

    RevenueARS 380.69B+282,9 % YoY
    Operating incomeARS 114.94B+126,7 % YoY
    Net incomeARS 36.89B−36,1 % YoY
    Free cash flow-ARS 48.66B−161,7 % YoY
    EPS
    Operating cash flowARS 40.73B+273,6 % YoY
    Financials
    Income statement
    RevenueARS 380.69B
    Gross profitARS 191.05B
    Operating incomeARS 114.94B
    Net incomeARS 36.89B
    Margins
    Gross margin50.2%
    Operating margin30.2%
    Net margin9.7%
    FCF margin-12.8%
    Balance sheet
    Total assetsARS 1.02T
    Total liabilitiesARS 194.98B
    Total equityARS 824.69B
    Cash & equivalentsARS 28.80B
    Long-term debtARS 88.90B
    Cash flow
    Operating cash flowARS 40.73B
    CapEx-ARS 52.88B
    Free cash flow-ARS 48.66B
    SBC
    P&L flow · revenue → net income
    Revenue ARS 98.43BOperating costs ARS 56.16BFinance ARS 1.69BNet income ARS 21.91B
    Highlights
    • Revenue ARS 380.69B, +282,9% YoY
    • Operating income +126,7% YoY
    • Net income −36,1% YoY
    • Free cash flow −161,7% YoY
    • Net margin 9.7%

    Valuation FY

    Market price
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $714.67B
    Net cash
    -$53.18B
    Current ratio
    2.7
    Debt / equity
    0.1
    ROA
    2.6%
    ROE
    3.1%
    Cash conversion
    -339.0%
    CapEx / revenue
    -19.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin43,0 %Above P75
    Net Margin22,3 %Above median
    ROE3,1 %Below median
    Capex / Rev-19,4 %Below median
    D/E0,10Above median
    Cash Conv-3,39Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Transportadora de Gas del Norte SA Market data — financials · 2026-05-29
    • Transportadora de Gas del Norte SA Market data — ESG · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    TGNO2M.BACanonical
    BYMA (Buenos Aires) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2025-03-11 21:22 UTCEARNINGSAnnual results — FY 2025 Revenue ARS 380.69B · Net ARS 36.89B
    2023-03-08 17:14 UTCEARNINGSAnnual results — FY 2023 Revenue ARS 40.94B · Net ARS -7.17B
    2022-03-10 15:13 UTCEARNINGSAnnual results — FY 2022 Revenue ARS 39.04B · Net ARS -18.07B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage