TransGlobe Energy - TGA Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransGlobe Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TGA shares.
View TGA analyst ratings or view top-rated stocks.

TransGlobe Energy's stock was trading at $3.01 at the start of the year. Since then, TGA stock has decreased by 11.0% and is now trading at $2.68.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TGA earnings forecast.

TransGlobe Energy Co. (NASDAQ:TGA) posted its earnings results on Monday, May, 13th. The basic materials company reported ($0.12) earnings per share for the quarter. The basic materials company had revenue of $69.22 million for the quarter. TransGlobe Energy had a net margin of 44.66% and a trailing twelve-month return on equity of 35.64%.

TransGlobe Energy announced a quarterly dividend on Friday, March 18th. Shareholders of record on Friday, April 29th will be given a dividend of $0.10 per share on Thursday, May 12th. This represents a $0.40 dividend on an annualized basis and a yield of 14.93%. The ex-dividend date of this dividend is Thursday, April 28th. This is an increase from the stock's previous quarterly dividend of $0.04.
Read our dividend analysis for TGA.

TransGlobe Energy (NASDAQ:TGA) pays an annual dividend of $0.10 per share and currently has a dividend yield of 3.72%. The dividend payout ratio is 5.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TGA.

Based on aggregate information from My MarketBeat watchlists, some companies that other TransGlobe Energy investors own include Gran Tierra Energy (GTE), Pennsylvania Real Estate Investment Trust (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).

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

Shares of TGA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TGA stock can currently be purchased for approximately $2.68.

TransGlobe Energy (NASDAQ:TGA) has a market capitalization of $196.47 million and generates $169.05 million in revenue each year. The basic materials company earns $40.34 million in net income (profit) each year or $1.70 on an earnings per share basis.

TransGlobe Energy's mailing address is 2300 250 5TH STREET SW, CALGARY A0, T2P 0R4. The official website for the company is www.trans-globe.com. The basic materials company can be reached via phone at (403) 264-9888, via email at investor.relations@trans-globe.com, or via fax at 403-770-8855.