NASDAQ:TGATransGlobe Energy Stock Price, Forecast & News

TransGlobe Energy's stock was trading at $0.6353 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TGA stock has decreased by 5.5% and is now trading at $0.6006. 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) released its quarterly earnings data on Wednesday, May, 13th. The basic materials company reported ($0.01) EPS for the quarter. The basic materials company had revenue of $80.19 million for the quarter. TransGlobe Energy had a negative net margin of 23.04% and a positive return on equity of 2.06%. View TransGlobe Energy's earnings history.

TransGlobe Energy declared a Semi-Annual dividend on Monday, August 12th. Stockholders of record on Friday, August 30th will be paid 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 equities research analysts have issued 12-month price objectives for TransGlobe Energy's stock. Their forecasts range from $4.00 to $4.00. On average, they anticipate TransGlobe Energy's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 566.0% from the stock's current price. View analysts' price targets for TransGlobe Energy.

News coverage about TGA stock has been trending negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TransGlobe Energy earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news coverage about the basic materials company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an impact on the company's share price in the near term. View the latest news about TransGlobe Energy.

TransGlobe Energy saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,900 shares, a drop of 45.3% from the May 31st total of 23,600 shares. Based on an average daily volume of 206,400 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. View TransGlobe Energy's Current Options Chain.

Some companies that are related to TransGlobe Energy include Laredo Petroleum (LPI), Montage Resources (MR), Primeenergy Resources (PNRG), Penn Virginia (PVAC), Denbury Resources (DNR), Whiting Petroleum (WLL), Epsilon Energy (EPSN), VAALCO Energy (EGY), TETRA Technologies (TTI), Amplify Energy (AMPY), HighPoint Resources (HPR), California Resources (CRC), Painted Pony Energy (PDPYF), SandRidge Energy (SD) and Chesapeake Energy (CHK). 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 $43.57 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]