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: Basic Materials
- Industry: Independent Oil & Gas
- Sub-Industry: N/A
- Symbol: TSE:TGL
- CUSIP: N/A
- Web: www.trans-globe.com
- Market Cap: C$111.92 million
- Outstanding Shares: 72,205,000
- 50 Day Moving Avg: C$1.54
- 200 Day Moving Avg: C$1.84
- 52 Week Range: C$1.30 - C$2.85
Sales & Book Value:
- Trailing P/E Ratio: N/A
- P/E Growth: 0.19
- Annual Revenue: C$88.82 million
- Price / Sales: 1.26
- Book Value: C$2.99 per share
- Price / Book: 0.52
- EBIDTA: C$32.01 million
- Net Margins: -139.95%
- Return on Equity: -93.14%
- Return on Assets: -61.27%
- Average Volume: 73,082 shs.
- Short Ratio: 26.73
Frequently Asked Questions for TransGlobe Energy (TSE:TGL)
What is TransGlobe Energy's stock symbol?
TransGlobe Energy trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TGL."
When will TransGlobe Energy make its next earnings announcement?
Where is TransGlobe Energy's stock going? Where will TransGlobe Energy's stock price be in 2017?
3 brokerages have issued 1 year price targets for TransGlobe Energy's stock. Their predictions range from C$3.00 to C$3.25. On average, they expect TransGlobe Energy's stock price to reach C$3.08 in the next twelve months. View Analyst Ratings for TransGlobe Energy.
Who are some of TransGlobe Energy's key competitors?
Some companies that are related to TransGlobe Energy include Pine Cliff Energy Ltd (PNE), GMP Capital (GMP), Bellatrix Exploration Ltd (BXE), Xtreme Drilling Corp (XDC), Gastar Exploration (GST), Oryx Petroleum Co. Ltd (OXC), Goodrich Petroleum Corp (GDP), RMP Energy (RMP), Journey Energy (JOY), San Leon Energy Plc (SLE), Perpetual Energy (PMT), Chinook Energy (CKE), TransAtlantic Petroleum Ltd (TNP), Cequence Energy Ltd (CQE), Touchstone Exploration (TXP), Zargon Oil and Gas Ltd (ZAR), Whiting USA Trust II (WHZ) and Penn Virginia (PVA).
Who are TransGlobe Energy's key executives?
TransGlobe Energy'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
How do I buy TransGlobe Energy stock?
Shares of TransGlobe Energy and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is TransGlobe Energy's stock price today?
MarketBeat Community Rating for TransGlobe Energy (TSE TGL)MarketBeat's community ratings are surveys of what our community members think about TransGlobe Energy 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.
One share of TransGlobe Energy stock can currently be purchased for approximately C$1.55.
Consensus Ratings for TransGlobe Energy (TSE:TGL) (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: ||1 Hold Rating, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||C$3.08|
Analysts' Ratings History for TransGlobe Energy (TSE:TGL)
(Data available from 9/23/2015 forward)
|4/20/2017||TD Securities||Reiterated Rating||Buy||C$3.25|
|4/12/2017||Scotiabank||Reiterated Rating||Sector Perform||C$3.00|
|12/19/2016||Ci Capital||Reiterated Rating||Overweight||C$3.00|
|9/15/2016||Canaccord Genuity||Boost Price Target||Buy||C$4.00 -> C$4.25|
|9/12/2016||Paradigm Capital||Boost Price Target||Buy||C$3.25 -> C$4.00|
|8/15/2016||Dundee Securities||Boost Price Target||C$3.70 -> C$4.25|
|8/12/2016||FirstEnergy Capital||Upgrade||Outperform -> Top Pick|
|8/12/2016||CSFB||Boost Price Target||C$2.50 -> C$2.75|
|7/14/2016||Royal Bank Of Canada||Lower Price Target||C$3.30 -> C$3.00|
|1/28/2016||Credit Suisse Group||Downgrade||Outperform -> Neutral|
|1/14/2016||CIBC||Downgrade||Sector Performer -> Sector Underperformer||C$4.50 -> C$1.50|
Earnings History for TransGlobe Energy (TSE:TGL)Earnings History by Quarter for TransGlobe Energy (TSE TGL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/6/2017|| || || || || || || || |
|5/7/2014||C$0.34||C$0.27||C$79.15 million||C$85.75 million||View||N/A|
Earnings Estimates for TransGlobe Energy (TSE:TGL)
Current Year EPS Consensus Estimate: $-0.49 EPS
Dividend History by Quarter for TransGlobe Energy (TSE TGL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TransGlobe Energy (TSE:TGL)Insider Trades by Quarter for TransGlobe Energy (TSE:TGL)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/14/2017||Steven William Sinclair||Director||Buy||10,000||C$1.53||C$15,300.00|
|12/16/2015||Lloyd William Herrick||Director||Buy||60,500||C$2.18||C$131,708.50|
|12/15/2015||Lloyd William Herrick||Director||Buy||5,500||C$2.25||C$12,375.00|
|11/25/2015||Ross Gordon Clarkson||Director||Buy||2,170,993||C$2.81||C$6,100,490.33|
|5/19/2015||Susan Mary Mackenzie||Director||Buy||6,500||C$4.96||C$32,240.00|
|3/6/2015||Fred J Dyment||Director||Buy||25,000||C$3.02||C$75,500.00|
Headline Trends for TransGlobe Energy (TSE:TGL)
Latest Headlines for TransGlobe Energy (TSE:TGL)
TransGlobe Energy (TGL) Chart for Saturday, September, 23, 2017