Is TransGlobe Energy a good dividend stock?

TransGlobe Energy (TSE:TGL) pays an annual dividend of C$0.10 per share and currently has a dividend yield of 5.14%. TGL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4.31%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TGL .

What other stocks do shareholders of TransGlobe Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TransGlobe Energy investors own include TransGlobe Energy (TGA) , (HCLP) (HCLP) , Bombardier, Inc. Class B (BBD.B) , Granite Oil (GXO) , Valeura Energy (VLE) , Bonavista Energy Co. (BNP.TO) (BNP) , Enerplus (ERF) , Himax Technologies (HIMX) and Halcon Resources (HK) .

How do I buy shares of TransGlobe Energy?

Shares of TGL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:TGL

TransGlobe Energy (TGL) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$5.06
▼
C$5.06
52-Week Range: N/A

Volume: 384,762 shs
Average Volume: 107,897 shs
Market Capitalization: C$370.90 million

P/E Ratio: 2.18
Dividend Yield: 5.14%
Price Target: N/A

Stock Analysis

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About TransGlobe Energy Stock (TSE:TGL)

TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada. TransGlobe Energy Corporation is headquartered in Calgary, Canada. TransGlobe Energy Corporation operates as a subsidiary of VAALCO Energy, Inc

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TGL Stock News Headlines

March 25, 2024 | msn.com

TGL announces official launch date and unveils rendering of new arena design

November 16, 2023 | msn.com

Roof Of TGL’s SoFi Center Collapsed Calling Into Question Of New Golf League Will Start On Time

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

October 31, 2023 | msn.com

Tiger's, Rory's TGL announces format; JT signs with team

May 27, 2023 | lse.co.uk

TGL.L Regulatory News

March 11, 2023 | theglobeandmail.com

Prepare for ignition: Inside the billion-dollar race to harness nuclear fusion

February 19, 2023 | forbes.com

Collin Morikawa, Xander Schauffele Talk ‘Full Swing,’ TGL And Tiger’s Return

January 26, 2023 | yahoo.com

Collin Morikawa, Adam Scott added to TGL Monday league headed by Tiger Woods, Rory McIlroy

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

January 26, 2023 | seekingalpha.com

TGL Treasure Global Inc.

October 14, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Closing of Its Merger with VAALCO Energy, Inc.

October 12, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Court Approval for the Plan of Arrangement

October 7, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Shareholder Approval for the Plan of Arrangement

October 7, 2022 | finance.yahoo.com

Stockholders of VAALCO Energy and TransGlobe Energy Have Approved Strategic Business Combination

October 3, 2022 | finance.yahoo.com

TransGlobe Provides an Updated Transaction Timetable for the Special Meeting of TransGlobe Shareholders to Consider the Business Combination with VAALCO Energy

September 1, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Filing of Management Information Circular for Proposed Business Combination with VAALCO Energy, Inc.

September 1, 2022 | finance.yahoo.com

VAALCO Energy Announces Filing and Mailing of Definitive Proxy Statement in Connection With Strategic Business Combination With TransGlobe

September 1, 2022 | finance.yahoo.com

VAALCO Energy Announces Filing and Mailing of Definitive Proxy Statement in Connection With Strategic Business Combination With TransGlobe

August 17, 2022 | markets.businessinsider.com

Pre-market Movers: FRZA, SVFD, MEGL, HALL, TGA…

August 8, 2022 | finance.yahoo.com

VAALCO Announces Board Approved Share Buy-Back Post Closing and Provides Update on Transformational Transaction

July 16, 2022 | finanznachrichten.de

TransGlobe Energy Corporation: Business Combination of VAALCO and TransGlobe

May 11, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces First Quarter 2022 Financial and Operating Results for the Three Months Ended March 31, 2022

January 3, 2022 | finance.yahoo.com

TransGlobe Energy Corporation Announces Upcoming Changes to the Board of Directors

October 14, 2021 | lse.co.uk

TransGlobe Energy Share Chat

October 5, 2021 | baystreet.ca

Cenovus at 52-Week High on News

September 29, 2021 | finance.yahoo.com

TransGlobe Energy Corporation Operations Update

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Independent Oil & Gas
Sub-Industry: N/A
Current Symbol: TSE:TGL
CUSIP: N/A
CIK: N/A
Web: www.trans-globe.com
Phone: +1-403-2649888
Fax: N/A
Employees: 55
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C$2.32
Trailing P/E Ratio: 2.18
Forward P/E Ratio: N/A
P/E Growth: 1.46
Net Income: C$124.58 million
Net Margins: 54.64%
Pretax Margin: N/A
Return on Equity: 64.45%
Return on Assets: 32.91%

Debt

Debt-to-Equity Ratio: 2.14
Current Ratio: 2.26
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: C$228 million
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 6.07
Book Value: C$3.41 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 73,300,000
Free Float: N/A
Market Cap: C$370.90 million
Optionable: Not Optionable
Beta: 2.51

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Key Executives

Mr. Edward D. Ok C.A.
CPA, VP of Finance, CFO & Corporate Secretary
Mr. Geoffrey Probert B.Sc.
VP & COO

Key Competitors

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TGL Stock Analysis - Frequently Asked Questions

Is TransGlobe Energy a good dividend stock?: TransGlobe Energy (TSE:TGL) pays an annual dividend of C$0.10 per share and currently has a dividend yield of 5.14%. TGL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TGL.
What other stocks do shareholders of TransGlobe Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other TransGlobe Energy investors own include TransGlobe Energy (TGA), (HCLP) (HCLP), Bombardier, Inc. Class B (BBD.B), Granite Oil (GXO), Valeura Energy (VLE), Bonavista Energy Co. (BNP.TO) (BNP), Enerplus (ERF), Himax Technologies (HIMX) and Halcon Resources (HK).
How do I buy shares of TransGlobe Energy?: Shares of TGL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TGL) was last updated on 4/19/2024 by MarketBeat.com Staff

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TransGlobe Energy (TGL) Stock Price, News & Analysis

About TransGlobe Energy Stock (TSE:TGL)

TGL Stock News Headlines

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TGL Stock Analysis - Frequently Asked Questions

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