About Transglobe Energy Corp (NASDAQ:TGA)
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
Industry Oil & Gas Exploration and Production
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$122.36 million
Price / Sales0.88
Price / CashN/A
Book Value$2.95 per share
Price / Book0.51
Return on Equity-12.56%
Return on Assets-8.33%
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) announced its quarterly earnings data on Thursday, May, 11th. The basic materials company reported ($0.18) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.12. The basic materials company earned $22.49 million during the quarter. Transglobe Energy Corp had a negative net margin of 83.42% and a negative return on equity of 12.56%. 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?
3 Wall Street analysts have issued 12 month price targets for Transglobe Energy Corp's shares. Their predictions 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 Approach Resources (AREX), Energy XXI Gulf Coast (EXXI), Exillon Energy Plc (EXI), Crimson Exploration (CXPO), Eland Oil & Gas PLC (ELA), SandRidge Permian Trust (PER), Aminex PLC (AEX), Pantheon Resources Plc (PANR), LRR Energy LP (LRE), Legacy Reserves LP (LGCY), Rockhopper Exploration Plc (RKH), Jones Energy (JONE), Enduro Royalty Trust (NDRO), Chesapeake Granite Wash Trust (CHKR), President Energy PLC (PPC), Bellatrix Exploration Ltd (BXE), Bowleven plc (BLVN) and IGas Energy Plc (IGAS).
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 (Age 71)
- Ross G. Clarkson, President, Chief Executive Officer, Director (Age 63)
- Randy C. Neely, Chief Financial Officer, Vice President - Finance, Secretary (Age 45)
- Lloyd W. Herrick, Chief Operating Officer, Vice President, Non-Independent Director (Age 64)
- Brett Norris, Vice President - Exploration
- Matthew Joseph Brister, Independent Director (Age 59)
- David B. Cook, Independent Director (Age 55)
- Frederick J. Dyment CPA, Independent Director (Age 68)
- Bob MacDougall, Independent Director (Age 53)
- Susan M. MacKenzie, Independent Director (Age 56)
Who owns Transglobe Energy Corp stock?
Who sold Transglobe Energy Corp stock? Who is selling 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 with access to the U.S. stock market 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 $1.49.
How big of a company is Transglobe Energy Corp?
Transglobe Energy Corp has a market capitalization of $108.83 million and generates $122.36 million in revenue each year. The basic materials company earns $-87,660,000.00 in net income (profit) each year or ($1.53) on an earnings per share basis. Transglobe Energy Corp employs 77 workers across the globe.
How can I contact Transglobe Energy Corp?
Transglobe Energy Corp's mailing address is 2300-250 5 St SW, CALGARY, AB T2P 0R4, Canada. The basic materials company can be reached via phone at +1-403-2649888 or via email at inves[email protected]
MarketBeat Community Rating for Transglobe Energy Corp (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.
Analysts' Consensus Rating for Transglobe Energy Corp (NASDAQ:TGA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$3.50 (134.90% upside)|
Consensus Price Target History for Transglobe Energy Corp (NASDAQ:TGA)
Analysts' Ratings History for Transglobe Energy Corp (NASDAQ:TGA)
(Data available from 11/24/2015 forward)
|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|
Earnings History and Estimates Chart for Transglobe Energy Corp (NASDAQ:TGA)
Earnings History by Quarter for Transglobe Energy Corp (NASDAQ TGA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/27/2017|| || || || || || || || |
|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|
Earnings Estimates for Transglobe Energy Corp (NASDAQ:TGA)
Current Year EPS Consensus Estimate: $-1.03 EPS
Next Year EPS Consensus Estimate: $0.01 EPS
Dividend History by Quarter for Transglobe Energy Corp (NASDAQ TGA)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Transglobe Energy Corp (NASDAQ TGA)
No insider trades for this company have been tracked by MarketBeat.com
Latest Headlines for Transglobe Energy Corp (NASDAQ TGA)
Transglobe Energy Corp (NASDAQ TGA) Chart for Friday, November, 24, 2017