NASDAQ:TGATransGlobe Energy Stock Price, Forecast & News

TransGlobe Energy's stock was trading at $0.6353 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TGA shares have decreased by 4.8% and is now trading at $0.6048. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransGlobe Energy in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TransGlobe Energy.

TransGlobe Energy is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for TransGlobe Energy.

TransGlobe Energy Co. (NASDAQ:TGA) posted its quarterly earnings data on Wednesday, May, 13th. The basic materials company reported ($0.01) earnings per share for the quarter. The basic materials company had revenue of $80.19 million for the quarter. TransGlobe Energy had a positive return on equity of 2.06% and a negative net margin of 23.04%. View TransGlobe Energy's earnings history.

TransGlobe Energy announced a Semi-Annual dividend on Monday, August 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.035 per share on Friday, September 13th. The ex-dividend date is Thursday, August 29th. View TransGlobe Energy's dividend history.

2 Wall Street analysts have issued 1-year price objectives for TransGlobe Energy's stock. Their forecasts range from $4.00 to $4.00. On average, they expect TransGlobe Energy's share price to reach $4.00 in the next year. This suggests a possible upside of 561.4% from the stock's current price. View analysts' price targets for TransGlobe Energy.

News coverage about TGA stock has been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TransGlobe Energy earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about TransGlobe Energy.

TransGlobe Energy saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 54,100 shares, an increase of 319.4% from the June 15th total of 12,900 shares. Based on an average trading volume of 179,800 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company's stock are short sold. View TransGlobe Energy's Current Options Chain.

Some companies that are related to TransGlobe Energy include Laredo Petroleum (LPI), Montage Resources (MR), Penn Virginia (PVAC), Denbury Resources (DNR), Primeenergy Resources (PNRG), Chesapeake Energy (CHK), Whiting Petroleum (WLL), Epsilon Energy (EPSN), VAALCO Energy (EGY), TETRA Technologies (TTI), HighPoint Resources (HPR), California Resources (CRC), Painted Pony Energy (PDPYF), Amplify Energy (AMPY) and MV Oil Trust (MVO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TransGlobe Energy investors own include Progenics Pharmaceuticals (PGNX), TransGlobe Energy (TGL), Capital Product Partners (CPLP), Energy Transfer LP Unit (ET), Teekay Tankers (TNK), Ashford Hospitality Trust (AHT), Advanced Micro Devices (AMD), Actinium Pharmaceuticals (ATNM), Eiger Biopharmaceuticals (EIGR) and Medley Capital (MCC).

TransGlobe Energy trades on the NASDAQ under the ticker symbol "TGA."

Shares of TGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TGA stock can currently be purchased for approximately $0.60.

TransGlobe Energy has a market capitalization of $43.87 million and generates $278.93 million in revenue each year. TransGlobe Energy employs 67 workers across the globe.

The official website for TransGlobe Energy is www.trans-globe.com.

TransGlobe Energy's mailing address is 2300 250 5TH STREET SW, CALGARY A0, T2P 0R4. The basic materials company can be reached via phone at 403-264-9888 or via email at [email protected]