LON:TGL

TransGlobe Energy - TGL Share Forecast, Price & News

GBX 280

+10.00 (+3.70%)

(As of 08/18/2022 12:00 AM ET)

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Today's Range: 256
▼
280
50-Day Range: 250
▼
399.90
52-Week Range: 115.05
▼
438.50

Volume: 1,000 shs
Average Volume: 4,562 shs
Market Capitalization: £205.27 million

P/E Ratio: 252.25
Dividend Yield: 6.06%
Price Target: GBX 420

About TransGlobe Energy (LON:TGL) Stock

TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada. TransGlobe Energy Corporation was incorporated in 1968 and is headquartered in Calgary, Canada.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "house stock" rating on shares of TransGlobe Energy in a research note on Monday, June 20th.

TransGlobe Energy Stock Performance

LON:TGL opened at GBX 270 ($3.26) on Thursday. The company's 50 day simple moving average is GBX 296.21 and its two-hundred day simple moving average is GBX 299.59. The company has a debt-to-equity ratio of 2.14, a current ratio of 2.26 and a quick ratio of 2.17. TransGlobe Energy has a 1 year low of GBX 115.05 ($1.39) and a 1 year high of GBX 438.50 ($5.30). The stock has a market capitalization of £197.93 million and a PE ratio of 243.24.

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TGL Stock News Headlines

March 28, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Board of Directors Changes

March 18, 2022 | finanznachrichten.de

TransGlobe Energy Corporation: Transglobe Energy Corporation Announces Declaration of Dividend

March 16, 2022 | finance.yahoo.com

Transglobe Energy Corporation Announces Declaration of Dividend

November 3, 2021 | finance.yahoo.com

TransGlobe Energy Corporation Announces Third Quarter 2021 Financial and Operating Results for the Three and Nine Months Ended September 30, 2021

October 7, 2021 | baystreet.ca

Enbridge, GFL, Pender at 52-Week Highs on News

September 27, 2021 | markets.businessinsider.com

TransGlobe Energy : Director/PDMR Shareholding

September 26, 2021 | markets.businessinsider.com

TransGlobe Energy : Update to Significant Shareholder

March 13, 2021 | markets.businessinsider.com

TransGlobe Energy : TGL Announces 2020 Financial & Operating Results

March 13, 2021 | ca.finance.yahoo.com

Stocks in play: TransGlobe Energy Corporation

March 12, 2021 | finance.yahoo.com

TransGlobe Energy Corporation Announces Year End 2020 Financial and Operating Results

January 30, 2021 | markets.businessinsider.com

TransGlobe Energy : TRANSGLOBE ANNOUNCES ITS 2021 CAPITAL BUDGET

December 9, 2020 | seekingalpha.com

TransGlobe Energy: The Egyptian Solution

November 30, 2020 | finance.yahoo.com

Is TransGlobe Energy (TGA) A Good Stock To Buy Now?

November 16, 2020 | lse.co.uk

TransGlobe Energy Swings To Loss In Third Quarter As Sales Decline

October 11, 2020 | in.finance.yahoo.com

TRANSGLOBE ENERGY CORP. Registe (TRP.SG)

August 11, 2020 | finance.yahoo.com

TransGlobe Energy Corporation Announces Second Quarter 2020 Financial and Operating Results for the Three and Six Months Ended June 30, 2020

March 12, 2020 | www.lse.co.uk

TransGlobe Annual Output Up But Earnings Fall Amid Weaker Oil Price

February 14, 2020 | finance.yahoo.com

TransGlobe Energy Corporation Announces Update to Significant Shareholder

February 5, 2020 | www.lse.co.uk

TransGlobe Energy Share News (TGL)

January 30, 2020 | finance.yahoo.com

TransGlobe Energy Corporation Announces a Canadian Operations Update

October 10, 2019 | www.lse.co.uk

TransGlobe Energy Looking For Other Assets As Fields Naturally Decline

June 25, 2019 | finance.yahoo.com

TransGlobe Energy Corporation Announces PDMR Shareholding

June 7, 2019 | finance.yahoo.com

Transglobe Energy Corporation Announces an Update to a Significant Shareholder

May 29, 2019 | finance.yahoo.com

TransGlobe Energy Corporation Announces Approval of New Development Lease and an Operations Update

January 24, 2019 | www.marketwatch.com

TransGlobe Energy Corporation Announces Its 2018 Year-End Reserves

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30 days | 90 days | 365 days | Advanced Chart

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TGL Company Calendar

Today: 8/19/2022
Next Earnings (Estimated): 11/01/2022

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: LON:TGL
CUSIP: N/A
CIK: N/A
Web: www.trans-globe.com
Phone: 403-264-9888
Fax: N/A
Employees: 55
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 420
High Stock Price Forecast: GBX 465
Low Stock Price Forecast: GBX 375
Forecasted Upside/Downside: +50.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 252.25
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 2.14
Current Ratio: 2.26
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: £227.97 million
Price / Sales: 0.90
Cash Flow: GBX 86.90 per share
Price / Cash Flow: 3.22
Book Value: GBX 342.60 per share
Price / Book: 0.82

Miscellaneous

Outstanding Shares: 73,309,000
Free Float: N/A
Market Cap: £205.27 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Randall C. Neely CPA (Age 56)
CA, CFA, Pres, CEO & Director
Comp: $768.02k

Mr. Edward D. Ok C.A.
CPA, VP of Fin., CFO & Corp. Sec.

Mr. Geoffrey Probert B.Sc.
VP & COO

Key Competitors

View All Competitors

TGL Stock - Frequently Asked Questions

Should I buy or sell TransGlobe Energy stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TransGlobe Energy in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" TGL shares.
View TGL analyst ratings or view top-rated stocks.
What is TransGlobe Energy's stock price forecast for 2022?: 1 brokerages have issued twelve-month target prices for TransGlobe Energy's stock. Their TGL share price forecasts range from GBX 375 to GBX 465. On average, they predict the company's stock price to reach GBX 420 in the next year. This suggests a possible upside of 55.6% from the stock's current price.
View analysts price targets for TGL or view top-rated stocks among Wall Street analysts.
How have TGL shares performed in 2022?: TransGlobe Energy's stock was trading at GBX 204.80 on January 1st, 2022. Since then, TGL shares have increased by 31.8% and is now trading at GBX 270.
View the best growth stocks for 2022 here.
When is TransGlobe Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our TGL earnings forecast.

How often does TransGlobe Energy pay dividends? What is the dividend yield for TransGlobe Energy?: TransGlobe Energy announced a dividend on Thursday, March 17th. Shareholders of record on Thursday, April 28th will be given a dividend of GBX 0.10 per share on Thursday, May 12th. This represents a yield of 3.02%. The ex-dividend date of this dividend is Thursday, April 28th. This is a boost from the stock's previous dividend of GBX 0.04. The official announcement can be accessed at this link.
Read our dividend analysis for TGL.
What is TransGlobe Energy's stock symbol?: TransGlobe Energy trades on the London Stock Exchange (LON) under the ticker symbol "TGL."
How do I buy shares of TransGlobe Energy?: Shares of TGL stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is TransGlobe Energy's stock price today?: One share of TGL stock can currently be purchased for approximately GBX 270.
How much money does TransGlobe Energy make?: TransGlobe Energy (LON:TGL) has a market capitalization of £197.93 million and generates £227.97 million in revenue each year.
How can I contact TransGlobe Energy?: The official website for the company is www.trans-globe.com. The company can be reached via phone at 403-264-9888.

This page (LON:TGL) was last updated on 8/19/2022 by MarketBeat.com Staff

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