TransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada.
The last earnings update was 43 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
TransGlobe Energy. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
TransGlobe Energy's earnings available for a low price, and how does
this compare to other companies in the same industry?
TransGlobe Energy's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
TransGlobe Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
TransGlobe Energy's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Oil and Gas
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
TransGlobe Energy's finances.
The net worth of a company is the difference between its assets and liabilities.
TransGlobe Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
TransGlobe Energy's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
TransGlobe Energy's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.5x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Randall C. Neely, also known as Randy, CPA ("CA"), CFA, ICD.D., has been President and Chief Executive Officer of TransGlobe Energy Corporation since January 10, 2018 and January 1, 2019and also its Director since May 10, 2018. Mr. Neely served as the Chief Financial Officer and Vice President of Finance at TransGlobe Energy Corporation from May 8, 2012 to January 10, 2018 and served as its Corporate Secretary until January 10, 2018. Mr. Neely served as the Chief Financial Officer of Zodiac Exploration Inc. from May 1, 2009 to March 26, 2012. He served as Chief Financial Officer of Mobius Resources Inc. from May 01, 2009 to March 26, 2012. He served as the Chief Financial Officer at BlackPearl Resources Inc. (a/k/a Pearl Exploration and Production, Ltd.) from September 4, 2007 to January 8, 2009. He was responsible for the strategic direction and leadership of the finance group. He served as the Chief Financial Officer of Trident Exploration Corp. Mr. Neely has over 25 years of financial and operating experience in financial and oil and gas industry. He spent 3 1/2 years with TD Securities investment banking and 8 years with KPMG LLP. He served as Vice President in the Calgary office of TD Securities investment banking group and served as Senior Manager of KPMG. He was appointed to the Board of Directors of TransGlobe Energy Corp. since April 4, 2018. He served as Non-Executive Director of Africa Energy Corp. from September 20, 2011 to March 10, 2015. He served as a Director of Zodiac Exploration Inc. since July 16, 2009. Mr. Neely holds the designations of Chartered Accountant (1994) and Chartered Financial Analyst. He has completed his ICD.D. He holds a Bachelor of Commerce degree from the University of Calgary.
Randy's compensation has increased in line with TransGlobe Energy recently becoming profitable.
Randy's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the TransGlobe Energy management team is less than 2 years, this suggests a new team.
VP of Finance & CFO
Executive Vice President
VP & COO
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the TransGlobe Energy board of directors is about average.
Board of Directors
Independent Non-Executive Director
Non-Executive Independent Director
Who owns this company?
Recent Insider Trading
More shares have been bought than sold by TransGlobe Energy insiders in the past 3 months, but not in substantial volumes.
TransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds an interest in five production sharing concessions, including West Gharib, West Bakr, South Alamein, 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 was incorporated in 1968 and is headquartered in Calgary, Canada.
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