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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Difco who wrote (43995)10/9/2011 5:32:26 PM
From: Sergio H  Read Replies (1) | Respond to of 78659
 
TGS

Took me a while to read their filings and I could not figure out how they where able to pay out such a handsome dividend.

I was looking over this stock after reading an article in Seeking Alpha:

seekingalpha.com

TGS is well positioned to gain from expansion of shale oil drilling. There are two issues that stand in the way of a boom as the article implies; There is plenty of oil that is cheaper to drill in South America before going after shale oil and there is a lack of water in Western Argentina, where the shale reserves are located.