Transportadora de Gas del Sur (Transportadora de Gas del Sur) Construction In Progress : $331 Mil (As of Dec. 2023)

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What is Transportadora de Gas del Sur Construction In Progress?

Transportadora de Gas del Sur's quarterly construction in progress declined from Jun. 2023 ($203 Mil) to Sep. 2023 ($150 Mil) but then increased from Sep. 2023 ($150 Mil) to Dec. 2023 ($331 Mil).

Transportadora de Gas del Sur's annual construction in progress increased from Dec. 2021 ($190 Mil) to Dec. 2022 ($335 Mil) but then declined from Dec. 2022 ($335 Mil) to Dec. 2023 ($331 Mil).

Transportadora de Gas del Sur Construction In Progress Historical Data

The historical data trend for Transportadora de Gas del Sur's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Transportadora de Gas del Sur Construction In Progress Chart

Transportadora de Gas del Sur Annual Data

Trend

Dec14

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Dec23

Construction In Progress

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134.22

80.09

190.38

334.51

330.61

Transportadora de Gas del Sur Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															334.51	138.54	203.49	150.40	330.61

Transportadora de Gas del Sur Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

TGS:Mexico T2K1:Germany TGSU2:Argentina

Address

Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgs.com.ar

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.