TGS, This isn't Brazilian, but it is from Argentina.
Transportadora de Gas del Sur S.A. engages in the transportation of natural gas, as well as production and commercialization of natural gas liquids primarily in Argentina. As of December 31, 2008, it owned and operated 5,351 miles long pipeline system primarily serving gas distribution companies, power stations, and industries. The company?s production and commercialization activities are conducted at the Cerri Complex located near Bahia Blanca. Its natural gas liquid products comprise ethane, propane, butane, and natural gasoline. Transportadora de Gas del Sur also provides midstream services, including gas conditioning, gathering, and compression services, as well as engages in activities related to construction, operation, and maintenance of pipelines and compressor plants. In addition, the company, through its subsidiary, Telcosur S.A., offers telecommunication services, which include microwave network services and fiber optic services primarily to telephone operators and corporate users. The company was founded in 1992 and is based in Capital Federal, Argentina. Transportadora de Gas Del Sur S.A. is a subsidiary of Compania de Inversiones de Energia S.A.
I've seen several estimations for upcoming earnings bring the P/E to 2 or 3? Is this accurate. I noticed these guys have a ton of cash and debt. Anyone have any experience with this stock?
