TransGlobe Energy Corporation is an oil exploration and production company. The Company's activities are concentrated in the Arab Republic of Egypt (Egypt). The Company conducts its operations through the Arab Republic of Egypt segment. The Company is primarily engaged in oil exploration, development, production and the acquisition of properties. It holds interests in various production sharing concessions (PSC) in Eastern Desert Egypt and Western Desert Egypt. Its blocks in Eastern Desert Egypt include West Gharib, which covers approximately 34,860 acres; West Bakr, covering over 11,600 acres; North West (NW) Gharib, covering approximately 162,000 acres; South East (SE) Gharib, which covers over 125,650 acres, and South West (SW) Gharib, covering approximately 48,310 acres. Its blocks in the Western Desert Egypt include South Alamein, covering approximately 335,830 acres; South Ghazalat, covering over 465,300 acres, and North West (NW) Sitra, covering approximately 480,850 acres.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Symbol: NASDAQ:TGA
- CUSIP: N/A
- Web: www.trans-globe.com
Capitalization:- Market Cap: $80.87 million
- Outstanding Shares: 72,205,000
Average Prices:- 50 Day Moving Avg: $1.24
- 200 Day Moving Avg: $1.40
- 52 Week Range: $1.07 - $2.16
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 28.63
- P/E Growth: 0.28
Sales & Book Value:- Annual Revenue: $88.82 million
- Price / Sales: 0.93
- Book Value: $2.99 per share
- Price / Book: 0.38
Profitability:- EBIDTA: $32.01 million
- Net Margins: -119.18%
- Return on Equity: -10.87%
- Return on Assets: -7.60%
Debt:- Debt-to-Equity Ratio: 0.39%
- Current Ratio: 3.40%
- Quick Ratio: 2.72%
Misc:- Average Volume: 61,150 shs.
- Beta: 0.77
- Short Ratio: 2.72
Frequently Asked Questions for Transglobe Energy Corp (NASDAQ:TGA)
What is Transglobe Energy Corp's stock symbol?
Transglobe Energy Corp trades on the NASDAQ under the ticker symbol "TGA."
How were Transglobe Energy Corp's earnings last quarter?
Transglobe Energy Corp (NASDAQ:TGA) posted its earnings results on Monday, August, 14th. The company reported $0.06 EPS for the quarter, beating the Zacks' consensus estimate of ($0.02) by $0.08. The company had revenue of $40.44 million for the quarter. Transglobe Energy Corp had a negative net margin of 119.18% and a negative return on equity of 10.87%. View Transglobe Energy Corp's Earnings History.
When will Transglobe Energy Corp make its next earnings announcement?
Where is Transglobe Energy Corp's stock going? Where will Transglobe Energy Corp's stock price be in 2017?
4 equities research analysts have issued 12-month target prices for Transglobe Energy Corp's shares. Their forecasts range from $3.50 to $3.50. On average, they anticipate Transglobe Energy Corp's share price to reach $3.50 in the next twelve months. View Analyst Ratings for Transglobe Energy Corp.
Who are some of Transglobe Energy Corp's key competitors?
Some companies that are related to Transglobe Energy Corp include Exillon Energy Plc (EXI), SandRidge Permian Trust (PER), Aminex plc (AEX), Bellatrix Exploration Ltd (BXE), LRR Energy LP (LRE), Enduro Royalty Trust (NDRO), Contango Oil & Gas Company (MCF), Rockhopper Exploration Plc (RKH), Jones Energy (JONE), Eland Oil & Gas PLC (ELA), Pantheon Resources Plc (PANR), Savannah Petroleum PLC (SAVP), Legacy Reserves LP (LGCY), BowLeven PLC (BLVN), Comstock Resources (CRK), Lekoil Ltd (LEK), Chesapeake Granite Wash Trust (CHKR) and President Energy PLC (PPC).
Who are Transglobe Energy Corp's key executives?
Transglobe Energy Corp's management team includes the folowing people:
- Robert G. Jennings, Independent Chairman of the Board
- Ross G. Clarkson, President, Chief Executive Officer, Director
- Randy C. Neely, Chief Financial Officer, Vice President - Finance, Secretary
- Lloyd W. Herrick, Chief Operating Officer, Vice President, Non-Independent Director
- Brett Norris, Vice President - Exploration
- Matthew Joseph Brister, Independent Director
- David B. Cook, Independent Director
- Frederick J. Dyment CPA, Independent Director
- Bob MacDougall, Independent Director
- Susan M. MacKenzie, Independent Director
Who owns Transglobe Energy Corp stock?
Transglobe Energy Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Fosun International Ltd (3.36%), Van ECK Associates Corp (1.02%), Russell Investments Group Ltd. (0.96%), Brandes Investment Partners LP (0.19%), Cutter & CO Brokerage Inc. (0.16%) and CIBC World Markets Inc. (0.12%). View Institutional Ownership Trends for Transglobe Energy Corp.
Who sold Transglobe Energy Corp stock? Who is selling Transglobe Energy Corp stock?
Who bought Transglobe Energy Corp stock? Who is buying Transglobe Energy Corp stock?
How do I buy Transglobe Energy Corp stock?
Shares of Transglobe Energy Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Transglobe Energy Corp's stock price today?
One share of Transglobe Energy Corp stock can currently be purchased for approximately $1.15.
MarketBeat Community Rating for Transglobe Energy Corp (NASDAQ TGA)MarketBeat's community ratings are surveys of what our community members think about Transglobe Energy Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Transglobe Energy Corp (NASDAQ:TGA) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $3.50 (205.68% upside) |
Analysts' Ratings History for Transglobe Energy Corp (NASDAQ:TGA)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 2/13/2017 | Raymond James Financial, Inc. | Downgrade | Outperform -> Market Perform | | N/A |  |
| 12/25/2016 | Canaccord Genuity | Reiterated Rating | Buy | | N/A | |
| 12/10/2016 | TD Securities | Reiterated Rating | Buy | $4.25 -> $3.50 | N/A | |
| 11/8/2016 | Scotiabank | Reiterated Rating | Sector Perform | $3.50 | N/A | |
| 1/30/2016 | Credit Suisse Group | Reiterated Rating | Neutral | | N/A | |
| 1/22/2016 | Paradigm Capital | Reiterated Rating | Hold | $3.75 -> $2.00 | N/A | |
| 1/14/2016 | CIBC | Downgrade | Sector Perform -> Sector Underperform | | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for Transglobe Energy Corp (NASDAQ:TGA)Earnings History by Quarter for Transglobe Energy Corp (NASDAQ TGA)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/6/2017 | | | | | | | | |
| 8/14/2017 | 6/30/2017 | ($0.02) | $0.06 | | $40.44 million | View | N/A | |
| 5/11/2017 | 3/31/2017 | ($0.06) | ($0.18) | | $22.49 million | View | N/A | |
| 8/11/2016 | Q2 | ($0.10) | ($0.17) | $18.20 million | $19.79 million | View | Listen | |
| 5/12/2016 | Q1 | ($0.21) | ($0.23) | $14.26 million | $17.42 million | View | Listen | |
| 3/9/2016 | Q415 | ($0.09) | ($0.12) | $24.80 million | $21.46 million | View | N/A | |
| 11/12/2015 | Q3 | ($0.03) | $0.18 | $32.10 million | $24.70 million | View | Listen | |
| 8/13/2015 | Q215 | ($0.01) | ($0.17) | $31.70 million | $61.65 million | View | Listen | |
| 5/7/2015 | Q115 | ($0.03) | ($0.17) | $151.40 million | $54.30 million | View | N/A | |
| 3/5/2015 | Q414 | $0.06 | ($0.05) | $161.00 million | $92.50 million | View | N/A | |
| 11/12/2014 | | $0.16 | $0.17 | $70.50 million | $67.94 million | View | N/A | |
| 8/13/2014 | Q312 | $0.22 | $0.35 | $76.41 million | $85.38 million | View | N/A | |
| 3/5/2014 | Q4 13 | $0.38 | $0.49 | | | View | N/A | |
| 1/28/2014 | Q4 | | $0.41 | | | View | N/A | |
| 11/13/2013 | Q3 | | $0.44 | | | View | Listen | |
| 8/12/2013 | | | $0.22 | | | View | N/A | |
| 5/7/2013 | | | $0.24 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Transglobe Energy Corp (NASDAQ:TGA)Current Year EPS Consensus Estimate: $-0.93 EPS
Next Year EPS Consensus Estimate: $0.04 EPS
Dividend History by Quarter for Transglobe Energy Corp (NASDAQ TGA)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 11/13/2015 | quarterly | $0.03 | 4.61% | 12/11/2015 | 12/15/2015 | 12/31/2015 |
| 8/12/2015 | quarterly | $0.05 | 6.47% | 9/11/2015 | 9/15/2015 | 9/30/2015 |
| 5/6/2015 | quarterly | $0.05 | 4.38% | 6/11/2015 | 6/15/2015 | 6/30/2015 |
| 3/4/2015 | quarterly | $0.05 | 6.31% | 3/12/2015 | 3/16/2015 | 3/31/2015 |
| 11/11/2014 | quarterly | $0.05 | 4.84% | 12/11/2014 | 12/15/2014 | 12/31/2014 |
| 8/12/2014 | quarterly | $0.05 | 3.14% | 9/11/2014 | 9/15/2014 | 9/30/2014 |
| 5/6/2014 | special | $0.10 | 2.43% | 5/20/2014 | 5/22/2014 | 5/28/2014 |
| 5/6/2014 | quarterly | $0.05 | 2.43% | 6/11/2014 | 6/16/2014 | 6/30/2014 |
(Data available from 1/1/2013 forward)
Insider Trading History for Transglobe Energy Corp (NASDAQ:TGA)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Transglobe Energy Corp (NASDAQ:TGA)
Latest Headlines for Transglobe Energy Corp (NASDAQ:TGA)
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Transglobe Energy Corp (TGA) Chart for Wednesday, September, 20, 2017
