NASDAQ:TGA TransGlobe Energy Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TransGlobe Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.40 +0.02 (+4.33 %) (As of 09/29/2020 10:45 AM ET) Add Compare Share Today's Range$0.40Now: $0.40▼$0.4150-Day Range$0.40MA: $0.51▼$0.6152-Week Range$0.30Now: $0.40▼$1.57Volume1,800 shsAverage Volume171,657 shsMarket Capitalization$29.02 millionP/E RatioN/ADividend Yield17.50%Beta2.65 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media TransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds an interest in five production sharing concessions, including West Gharib, West Bakr, South Alamein, 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingTransGlobe Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, TransGlobe Energy has a forecasted upside of 900.0% from its current price of $0.40.Amount of Analyst CoverageTransGlobe Energy has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesTransGlobe Energy has received 295 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTransGlobe Energy has received 304 “underperform” votes. (Add your “underperform” vote.)Community SentimentTransGlobe Energy has received 50.75% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about TransGlobe Energy and other stocks. Vote “Outperform” if you believe TGA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TGA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipTransGlobe Energy is a leading dividend payer. It pays a dividend yield of 17.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTransGlobe Energy does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TransGlobe Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.00% of the stock of TransGlobe Energy is held by insiders.Percentage Held by InstitutionsOnly 30.51% of the stock of TransGlobe Energy is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of TransGlobe Energy is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TransGlobe Energy is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTransGlobe Energy has a P/B Ratio of 0.14. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.66 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:TGA Previous Symbol CUSIPN/A CIK736744 Webwww.trans-globe.com Phone403-264-9888Debt Debt-to-Equity Ratio0.19 Current Ratio2.05 Quick Ratio1.76Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$278.93 million Price / Sales0.10 Cash Flow$0.38 per share Price / Cash Flow1.05 Book Value$2.96 per share Price / Book0.14Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-3,990,000.00 Net Margins-39.46% Return on Equity-10.48% Return on Assets-7.10%Miscellaneous Employees67 Outstanding Shares72,542,000Market Cap$29.02 million Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable $0.40 +0.02 (+4.33 %) (As of 09/29/2020 10:45 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TGA News and Ratings via Email Sign-up to receive the latest news and ratings for TGA and its competitors with MarketBeat's FREE daily newsletter. TransGlobe Energy (NASDAQ:TGA) Frequently Asked Questions How has TransGlobe Energy's stock price been impacted by Coronavirus? TransGlobe Energy's stock was trading at $0.6353 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TGA shares have decreased by 37.0% and is now trading at $0.40. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of TransGlobe Energy? 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. When is TransGlobe Energy's next earnings date? TransGlobe Energy is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for TransGlobe Energy. How were TransGlobe Energy's earnings last quarter? TransGlobe Energy Co. (NASDAQ:TGA) released its earnings results on Tuesday, August, 11th. The basic materials company reported ($0.19) earnings per share for the quarter. The basic materials company earned $11.39 million during the quarter. TransGlobe Energy had a negative return on equity of 10.48% and a negative net margin of 39.46%. View TransGlobe Energy's earnings history. What price target have analysts set for TGA? 2 brokerages have issued 1-year price targets for TransGlobe Energy's shares. Their forecasts range from $4.00 to $4.00. On average, they expect TransGlobe Energy's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 900.0% from the stock's current price. View analysts' price targets for TransGlobe Energy. Are investors shorting TransGlobe Energy? TransGlobe Energy saw a decline in short interest in September. As of September 15th, there was short interest totaling 121,100 shares, a decline of 27.4% from the August 31st total of 166,700 shares. Based on an average daily trading volume, of 163,600 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are sold short. View TransGlobe Energy's Short Interest. Who are some of TransGlobe Energy's key competitors? Some companies that are related to TransGlobe Energy include Goodrich Petroleum (GDP), Houston American Energy (HUSA), Gulfport Energy (GPOR), Gran Tierra Energy (GTE), Painted Pony Energy (PDPYF), Evolution Petroleum (EPM), Trans Energy (TENG), Dxi Energy (DXIEF), Epsilon Energy (EPSN), TETRA Technologies (TTI), SandRidge Energy (SD), California Resources (CRC), VAALCO Energy (EGY), HighPoint Resources (HPR) and SilverBow Resources (SBOW). View all competitors. What other stocks do shareholders of TransGlobe Energy own? Based on aggregate information from My MarketBeat watchlists, some companies that other TransGlobe Energy investors own include Gran Tierra Energy (GTE), Pennsylvania R.E.I.T. (PEI), EnLink Midstream (ENLC), Enerplus (ERF), Golar LNG Partners (GMLP), Washington Prime Group (WPG), BioNano Genomics (BNGO), DHT (DHT), Matinas BioPharma (MTNB) and Novan (NOVN). Who are TransGlobe Energy's key executives? TransGlobe Energy's management team includes the following people: Mr. Randall C. Neely CPA, CA, CFA, Pres, CEO & Director (Age 53)Mr. Edward D. Ok C.A., CPA, VP of Fin. & CFOMr. Lloyd W. Herrick, Exec. VP (Age 66)Mr. Geoffrey Probert, VP & COOMarilyn A. Vrooman-Robertson, Corp. Sec. What is TransGlobe Energy's stock symbol? TransGlobe Energy trades on the NASDAQ under the ticker symbol "TGA." How do I buy shares of TransGlobe Energy? 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. What is TransGlobe Energy's stock price today? One share of TGA stock can currently be purchased for approximately $0.40. How big of a company is TransGlobe Energy? TransGlobe Energy has a market capitalization of $29.02 million and generates $278.93 million in revenue each year. TransGlobe Energy employs 67 workers across the globe. What is TransGlobe Energy's official website? The official website for TransGlobe Energy is www.trans-globe.com. How can I contact TransGlobe Energy? 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] This page was last updated on 9/29/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
