Quarterly ResultMay 6, 2026, 04:33 PM
TGS Q1 2026 Comprehensive Income Ps. 159.98B, up 12.4%
AI Summary
TGS reported a comprehensive income of Ps. 159,981 million for Q1 2026, a 12.4% increase from Q1 2025, with revenues rising 13.2% to Ps. 484,201 million and operating profit up 33.3%. The company also announced the award of approximately 5 MMm³/d of transportation capacity from the Perito Moreno Gas Pipeline expansion and approved significant increases to legal and investment reserves. However, free cash flow decreased by 58% to Ps. 52,384 million.
Key Highlights
- Total comprehensive income rose 12.4% to Ps. 159,981 million in Q1 2026.
- Revenues increased 13.2% to Ps. 484,201 million, and operating profit grew 33.3% to Ps. 249,340 million.
- Liquids Production and Commercialization operating profit surged 54.5% to Ps. 92,731 million.
- Midstream and Telecommunications operating profit increased 57.4% to Ps. 50,215 million.
- Shareholders approved increasing Legal Reserve by Ps. 23,030 million and Investment Reserve by Ps. 437,568 million.
- Approximately 5 MMm³/d of transportation capacity was awarded for the Perito Moreno Gas Pipeline expansion.
- Net financial debt position was negative Ps. 234,762 million, indicating higher financial assets.
- Free cash flow decreased 58% to Ps. 52,384 million, and operating cash flow slightly declined by 1.1%.