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: $90.98 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: -25.20
- P/E Growth: 0.27
Sales & Book Value:- Annual Revenue: $88.82 million
- Price / Sales: 1.02
- Book Value: $2.99 per share
- Price / Book: 0.42
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: 58,941 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) issued its quarterly 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 earned $40.44 million during the quarter. Transglobe Energy Corp had a negative return on equity of 10.87% and a negative net margin of 119.18%. 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 brokerages have issued 1 year price objectives for Transglobe Energy Corp's stock. 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 year. 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), Jones Energy (JONE), Aminex plc (AEX), Bellatrix Exploration Ltd (BXE), SandRidge Permian Trust (PER), Contango Oil & Gas Company (MCF), LRR Energy LP (LRE), Enduro Royalty Trust (NDRO), Rockhopper Exploration Plc (RKH), Pantheon Resources Plc (PANR), Eland Oil & Gas PLC (ELA), Legacy Reserves LP (LGCY), Savannah Petroleum PLC (SAVP), BowLeven PLC (BLVN), Comstock Resources (CRK), Lekoil Ltd (LEK), President Energy PLC (PPC) and Chesapeake Granite Wash Trust (CHKR).
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 $1.26.
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 (177.78% 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 9/25/2015 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: $-0.34 EPS
Next Year EPS Consensus Estimate: $-0.05 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)
| Source: |
|
| Date | Headline |
|---|
 | TransGlobe Energy Corp. :TGA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 4, 2017
finance.yahoo.com - September 23 at 8:25 PM |
 | Transglobe Energy Corp (TGA) versus Its Competitors Head to Head Review
www.americanbankingnews.com - September 12 at 10:22 PM |
| TransGlobe Energy Corp. :TGA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 4, 2017
finance.yahoo.com - September 5 at 9:11 AM |
| Transglobe Energy Corp (TGA) Cut to Strong Sell at ValuEngine
www.americanbankingnews.com - September 2 at 12:32 PM |
| Transglobe Energy Corp (TGA) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 1 at 10:34 PM |
| Analyzing Transglobe Energy Corp (TGA) & SRC Energy (SRCI)
www.americanbankingnews.com - August 31 at 6:12 PM |
| Transglobe Energy Corp (TGA) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - August 21 at 9:48 PM |
| -$0.02 Earnings Per Share Expected for Transglobe Energy Corp (TGA) This Quarter
www.americanbankingnews.com - August 16 at 4:32 PM |
| Transglobe Energy Corp (NASDAQ:TGA) Announces Earnings Results, Misses Expectations By $0.76 EPS
www.americanbankingnews.com - August 14 at 11:32 AM |
 | TransGlobe Energy Corporation Announces Release Date of Second Quarter 2017 Results and Conference Call
www.streetinsider.com - August 9 at 8:09 AM |
| Transglobe Energy Corp (TGA) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - August 8 at 10:44 AM |
| Zacks: Brokerages Anticipate Transglobe Energy Corp (TGA) to Post -$0.02 EPS
www.americanbankingnews.com - July 29 at 12:32 PM |
| Transglobe Energy Corp (TGA) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 21 at 7:26 AM |
| -$0.02 EPS Expected for TransGlobe Energy Co. (NASDAQ:TGA) This Quarter
www.americanbankingnews.com - July 5 at 11:48 AM |
| TransGlobe Energy Co. (TGA) Expected to Post Earnings of -$0.02 Per Share
www.americanbankingnews.com - June 9 at 7:40 AM |
| TransGlobe Energy Corp. :TGA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 1:08 PM |
| TransGlobe Energy Corporation Announces Establishment of Reserve-Based Lending Facility on Canadian Assets
finance.yahoo.com - May 16 at 8:09 PM |
| Investor Network: TransGlobe Energy Corporation to Host Earnings Call
finance.yahoo.com - May 12 at 3:40 PM |
| TransGlobe Energy Co. (TGA) Announces Earnings Results
www.americanbankingnews.com - May 12 at 12:38 PM |
 | TransGlobe Energy's (TGA) CEO Ross Clarkson on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 2:18 AM |
 | TransGlobe Energy Corporation Announces First Quarter 2017 Financial and Operating Results
feeds.benzinga.com - May 11 at 6:43 AM |
| Transglobe: The Margin Of Safety Is Gone
seekingalpha.com - May 5 at 9:05 AM |
| TransGlobe Energy Corporation Announces Release Date of First Quarter 2017 Results and Conference Call
finance.yahoo.com - May 4 at 10:25 AM |
| TransGlobe Energy (TGA) Receives News Impact Rating of 0.26
www.americanbankingnews.com - April 30 at 5:45 PM |
| TransGlobe Energy (TGA) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 27 at 7:48 PM |
| Short Interest in TransGlobe Energy Co. (TGA) Rises By 76.1%
www.americanbankingnews.com - April 24 at 1:45 PM |
| TransGlobe Energy (TGA) Receives Daily News Impact Rating of 0.17
www.americanbankingnews.com - April 23 at 6:59 PM |
| TransGlobe Energy Corporation Announces Q1 2017 Operations Update
finance.yahoo.com - April 11 at 9:17 AM |
| TransGlobe Energy Corporation Announces New Director Appointments
finance.yahoo.com - March 15 at 9:35 PM |
 | TransGlobe Energy Corporation Announces Fourth Quarter and Year End 2016 Financial and Operating Results
us.rd.yahoo.com - March 7 at 8:03 PM |
| Transglobe Energy downgraded by Raymond James
finance.yahoo.com - February 13 at 8:44 PM |
 | TransGlobe Energy Corporation Announces Execution of Prepayment Agreement and Marketing Contract
www.marketwatch.com - February 11 at 5:12 AM |
| TransGlobe Energy Corporation Announces an Operations Update
finance.yahoo.com - January 31 at 3:51 AM |
| Transglobe Energy Buys More Cash Flow
seekingalpha.com - December 30 at 11:14 PM |
| 6:42 am Transglobe Energy enters into a definitive agreement to acquire Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta for total consideration of $80 million Canadian; effective December
us.rd.yahoo.com - December 6 at 5:25 AM |
| Form 6-K TRANSGLOBE ENERGY CORP For: Dec 05
www.streetinsider.com - December 5 at 3:17 PM |
| TransGlobe Energy's (TGA) CEO Ross Clarkson on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 8 at 12:07 PM |
| Transglobe Energy Is Using Its Cash Hoard To Aggressively Grow
seekingalpha.com - September 15 at 11:21 AM |
| TransGlobe Energy (TGA) Catches Eye: Stock Jumps 9.6%
finance.yahoo.com - September 12 at 10:15 AM |
| TransGlobe Energy's (TGA) CEO Ross Clarkson on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 11 at 8:21 PM |
 | TransGlobe Energy Lifts Q2 Production Outlook
www.nasdaq.com - June 22 at 9:46 AM |
| 6:47 am Transglobe Energy Q2 production guidance upgraded to 11,400 Bopd from 10,800 Bopd; finalized 2016 production recovery plan and second drilling rig
finance.yahoo.com - June 22 at 6:47 AM |
Transglobe Energy Corp (TGA) Chart for Monday, September, 25, 2017
