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MetroGAS S.A. · Buenos Aires Argentina ·(NYSE: MGS)(Buenos Aires: METR)

Company Description

Gregorio Aráoz de Lamadrid 1360
Buenos Aires
1267
Argentina (Map)
Phone: +54-11-4309-1010
Fax: +54-11-4309-1025
    View MetroGAS S.A. Locations On A US MapThis link will open in a new window
    MetroGAS heats up the Buenos Aires metropolitan area. Argentina's largest natural gas distributor serves more than 1.9 million customers -- about 25% of the country's gas market. One of nine companies formed when Gas del Estado was privatized in 1992, MetroGAS was granted a 35-year exclusive distribution license in its service area, which consists of Buenos Aires and 11 southern suburbs. The utility also sells gas to power plant operators and commercial and industrial customers. MetroGAS is 55%-owned by a subsidiary of UK gas production company BG Group and 45%-owned by a unit of Spanish oil company Repsol YPFTo read the full description, subscribe now.
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    Key MetroGAS S.A. Financials

    Company TypePublic - NYSE: MGS - Buenos Aires: METR

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$260.8
    2008 Employees1,021

    MetroGAS S.A. Executives

    12 executives listed for MetroGAS S.A.'s Buenos Aires,  location.
    TitleName & BioContact
    ChairmanJorge VerrunoNetwork
    General DirectorAndres Cordero GimenezNetwork
    Director OperationsPatricia CarcagnoNetwork

    Competition

    Competitive Landscape for MetroGAS S.A.
    Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
    Top MetroGAS S.A. Competitors
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