Piped Gas News Today

Towngas Smart Energy Company Limited (OTCMKTS:TGASF – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 378,700 shares, a decrease of 52.1% from the March 31st total of 790,700 shares. Based on an average daily trading volume, […]

Towngas Smart Energy Company Limited (OTCMKTS:TGASF – Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 378,700 shares, a decline of 52.1% from the March 31st total of 790,700 shares. Based on an average daily volume of […]

A retiree was scammed of Rs 7.21 lakhs by a fraudster claiming to be from a gas company. The victim shared debit card details to pay a Rs 514 bill, su

Indraprastha Gas Ltd: Product wise, CNG recorded sales volume growth of 4 % in the quarter, while piped natural gas (PNG) recorded sales volume growth of 5 % during the quarter, as compared to the corresponding quarter of last year.

Till June 1, 2022, 3,263 letters of intent (LoIs) were issued to entrepreneurs, of which only 35 were completed. By August 2023, public oil and gas companies cancelled 87 LoIs. The good news is that in the last quarter, nearly half a dozen public and private energy companies have announced plans to set up over 100 CBG plants in the next few years. Reliance Industries (RIL) plans to set up 100 CBG plants in the next five years. But there are challenges.

Currently, there are only around 10 million piped gas connections compared with over 290 million cylinder gas users. The government aims to take the number of piped bas connections to 125 million by 2030.

Brookfield Infrastructure (NASDAQ:BIPC – Get Free Report) and Towngas Smart Energy (OTCMKTS:TGASF – Get Free Report) are both utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk. Insider & Institutional Ownership 70.7% of Brookfield […]

Towngas Smart Energy (OTCMKTS:TGASF – Get Free Report) and Brookfield Infrastructure (NASDAQ:BIPC – Get Free Report) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, analyst recommendations, profitability, dividends, institutional ownership and risk. Institutional and Insider Ownership 12.3% of Towngas […]

Towngas Smart Energy Company Limited (OTCMKTS:TGASF – Get Rating) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 4,756,700 shares, a growth of 19.4% from the May 15th total of 3,983,700 shares. Based on an average daily trading volume, of […]

Towngas Smart Energy Company Limited (OTCMKTS:TGASF – Get Rating)’s stock price traded up 2.3% on Monday . The stock traded as high as $0.48 and last traded at $0.48. 100 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 325 shares. The stock had previously closed at $0.47. […]