Promigas SA ESP
Promigas SA ESP is a natural gas utility company that distributes and transports natural gas to residential, commercial, and industrial customers in Colombia.
Business. Promigas SA ESP (PMG.CN) is a natural gas utility company operating within the utilities sector. The firm generates service revenue through its natural gas utility activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
Analyst recommendations
1 analysts · consensus HoldAt a glance
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.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
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
Signals & dispatch
Composite-score breakdown
Synthesis
Promigas SA ESP (PMG.CN) is a natural gas utility company operating within the utilities sector. The firm generates service revenue through its natural gas utility activities. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.
Promigas has a debt-to-equity ratio of 1.65, indicating a capital structure that is moderately leveraged, with liabilities exceeding equity by 65%. The company's current ratio of 1.26 suggests it has sufficient short-term assets to cover its short-term liabilities, but with limited buffer. Free cash flow is negative at -40.36 billion COP, which may indicate that capital expenditures are outpacing operating cash flow.
In terms of profitability, Promigas reports a return on equity (ROE) of 16.32% and a return on assets (ROA) of 5.18%. These figures are strong relative to the typical utility industry, where ROE and ROA are often lower due to the capital-intensive nature of the sector. The company's operating income of 2.004 trillion COP and net income of 1.057 trillion COP reflect a healthy margin, although the exact comparison to industry medians is not available in the provided data.
Promigas operates as a single-segment company, with all revenue derived from natural gas distribution and transportation in Colombia. The company's geographic exposure is concentrated in its domestic market, with no disclosed international operations. This concentration may expose the company to regional economic and regulatory risks.
The company's growth trajectory is not explicitly outlined in the provided data, but its capital expenditures of -976.43 billion COP suggest ongoing investment in infrastructure. Analysts have assigned a mean price target of 7.40 COP, with a single "Hold" recommendation and no "Buy" or "Strong Buy" ratings. This suggests a neutral outlook from the market.
Promigas faces a medium liquidity risk, as indicated by its negative free cash flow and the risk assessment. The company's net cash position is negative after subtracting total debt, which could limit its ability to fund operations or new projects without external financing. The dilution risk is assessed as low, with no near-term pressure expected. However, the company's capital structure and liquidity position should be closely monitored for any changes in debt servicing requirements.
Recent events and filings do not provide specific details on Promigas' operations or strategic initiatives. The company's financial performance and capital structure are consistent with its role as a regulated utility, but the absence of detailed segment or geographic breakdowns limits the ability to assess diversification or exposure to specific markets.
- Promigas has a strong return on equity (16.32%) and a moderate debt-to-equity ratio (1.65), indicating a balanced capital structure and solid profitability.
- The company's free cash flow is negative, suggesting that capital expenditures are outpacing operating cash flow, which could impact liquidity.
- Promigas operates as a single-segment utility in Colombia, with no international operations, which may increase its exposure to regional economic and regulatory risks.
- Analysts have assigned a neutral outlook, with a mean price target of 7.40 COP and a single "Hold" recommendation.
- The company's liquidity risk is assessed as medium, and its dilution risk is low, with no near-term pressure expected.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
8 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| Cartagena FSRU (Colombia) | Lng terminal | LNG | Colombia | Parent |
| Cartagena FSRU (Colombia) | Lng terminal | LNG | Colombia | Parent |
| Cartagena FSRU (Colombia) | Lng terminal | LNG | Colombia | Parent |
| Promigas Pipeline Network | Gas pipeline | Gas | Colombia | Parent |
| Promigas Pipeline Network | Gas pipeline | Gas | Colombia | Parent |
| Promigas Pipeline Network | Gas pipeline | Gas | Colombia | Parent |
| San Pedro de Macoris LNG Terminal | Lng terminal | LNG | Dominican Republic | Registered owner |
| San Pedro de Macoris LNG Terminal | Lng terminal | LNG | Dominican Republic | Parent |
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Promigas SA ESP Market data — financials · 2026-05-29
- Promigas SA ESP Market data — analyst estimates · 2026-05-29