NASDAQ:TGA - TransGlobe Energy Stock Price, Forecast & News

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

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

TransGlobe Energy Co. (NASDAQ:TGA) announced its earnings results on Monday, May, 13th. The basic materials company reported ($0.12) earnings per share (EPS) for the quarter. The basic materials company earned $69.22 million during the quarter. TransGlobe Energy had a return on equity of 8.24% and a net margin of 16.15%. View TransGlobe Energy's Earnings History.

TransGlobe Energy is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for TransGlobe Energy.

2 Wall Street analysts 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 227.9% from the stock's current price. View Analyst Price Targets for 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.

News stories about TGA stock have been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TransGlobe Energy earned a daily sentiment score of -3.9 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for TransGlobe Energy.

TransGlobe Energy saw a decline in short interest in January. As of January 31st, there was short interest totalling 126,700 shares, a decline of 14.2% from the January 15th total of 147,600 shares. Based on an average daily trading volume, of 164,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company's shares are sold short. View TransGlobe Energy's Current Options Chain.

Some companies that are related to TransGlobe Energy include Advantage Oil & Gas (AAVVF), Isramco (ISRL), California Resources (CRC), Earthstone Energy (ESTE), Primeenergy Resources (PNRG), Whiting Petroleum (WLL), Penn Virginia (PVAC), Roan Resources (ROAN), HighPoint Resources (HPR), Amplify Energy (AMPY), Gulfport Energy (GPOR), TETRA Technologies (TTI), Montage Resources (MR), VAALCO Energy (EGY) and Extraction Oil & Gas (XOG).

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), Eiger Biopharmaceuticals (EIGR), StealthGas (GASS), NGL Energy Partners (NGL), New Residential Investment (NRZ), Teekay (TK) and Vermilion Energy (VET).

TransGlobe Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.30%), Fosun International Ltd (3.24%), Connor Clark & Lunn Investment Management Ltd. (3.06%), Acadian Asset Management LLC (1.57%), UBS Asset Management Americas Inc. (1.12%) and DekaBank Deutsche Girozentrale (0.38%). View Institutional Ownership Trends for TransGlobe Energy.

TGA stock was sold by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Wedge Capital Management L L P NC, Oxford Asset Management LLP, Fosun International Ltd, Acadian Asset Management LLC, Connor Clark & Lunn Investment Management Ltd. and Private Advisor Group LLC. View Insider Buying and Selling for TransGlobe Energy.

TGA stock was acquired by a variety of institutional investors in the last quarter, including UBS Asset Management Americas Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for 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.

One share of TGA stock can currently be purchased for approximately $1.22.

TransGlobe Energy has a market capitalization of $88.50 million and generates $299.14 million in revenue each year. The basic materials company earns $15.68 million in net income (profit) each year or $0.45 on an earnings per share basis. TransGlobe Energy employs 67 workers across the globe.View Additional Information About TransGlobe Energy.

The official website for TransGlobe Energy is http://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]