Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 0/6 |
Past Performance | 4/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
TGL Stock Overview
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.
TransGlobe Energy Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$3.54 |
52 Week High | US$3.80 |
52 Week Low | US$1.00 |
Beta | 2.61 |
1 Month Change | 26.43% |
3 Month Change | 60.91% |
1 Year Change | 214.67% |
3 Year Change | 136.00% |
5 Year Change | n/a |
Change since IPO | 69.78% |
Recent News & Updates
Shareholder Returns
TGL | GB Oil and Gas | GB Market | |
---|---|---|---|
7D | 5.7% | -2.8% | -0.6% |
1Y | 214.7% | 15.1% | -0.8% |
Return vs Industry: TGL exceeded the UK Oil and Gas industry which returned 15.1% over the past year.
Return vs Market: TGL exceeded the UK Market which returned -0.8% over the past year.
Price Volatility
TGL volatility | |
---|---|
TGL Average Weekly Movement | 8.4% |
Oil and Gas Industry Average Movement | 9.4% |
Market Average Movement | 6.0% |
10% most volatile stocks in GB Market | 11.7% |
10% least volatile stocks in GB Market | 3.0% |
Stable Share Price: TGL is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TGL's weekly volatility (8%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1968 | 55 | Randy Neely | https://www.trans-globe.com |
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 was incorporated in 1968 and is headquartered in Calgary, Canada.
TransGlobe Energy Fundamentals Summary
TGL fundamental statistics | |
---|---|
Market Cap | US$320.35m |
Earnings (TTM) | US$40.34m |
Revenue (TTM) | US$169.01m |
7.9x
P/E Ratio1.9x
P/S RatioIs TGL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
TGL income statement (TTM) | |
---|---|
Revenue | US$169.01m |
Cost of Revenue | US$76.15m |
Gross Profit | US$92.85m |
Other Expenses | US$52.52m |
Earnings | US$40.34m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.55 |
Gross Margin | 54.94% |
Net Profit Margin | 23.87% |
Debt/Equity Ratio | 1.7% |
How did TGL perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield18%
Payout RatioValuation
Is TransGlobe Energy undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGL (£3.54) is trading below our estimate of fair value (£14.71)
Significantly Below Fair Value: TGL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGL is good value based on its PE Ratio (7.9x) compared to the UK Oil and Gas industry average (12x).
PE vs Market: TGL is good value based on its PE Ratio (7.9x) compared to the UK market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TGL is overvalued based on its PB Ratio (1.8x) compared to the GB Oil and Gas industry average (1.2x).
Future Growth
How is TransGlobe Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-105.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGL's earnings are forecast to decline over the next 3 years (-105.3% per year).
Earnings vs Market: TGL's earnings are forecast to decline over the next 3 years (-105.3% per year).
High Growth Earnings: TGL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TGL's revenue is expected to decline over the next 3 years (-8.2% per year).
High Growth Revenue: TGL's revenue is forecast to decline over the next 3 years (-8.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TGL's Return on Equity is forecast to be high in 3 years time
Past Performance
How has TransGlobe Energy performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
34.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGL has high quality earnings.
Growing Profit Margin: TGL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TGL has become profitable over the past 5 years, growing earnings by 34.1% per year.
Accelerating Growth: TGL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TGL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (344.7%).
Return on Equity
High ROE: TGL's Return on Equity (22.6%) is considered high.
Financial Health
How is TransGlobe Energy's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TGL's short term assets ($54.2M) exceed its short term liabilities ($33.1M).
Long Term Liabilities: TGL's short term assets ($54.2M) exceed its long term liabilities ($27.4M).
Debt to Equity History and Analysis
Debt Level: TGL has more cash than its total debt.
Reducing Debt: TGL's debt to equity ratio has reduced from 29.4% to 1.7% over the past 5 years.
Debt Coverage: TGL's debt is well covered by operating cash flow (1479%).
Interest Coverage: TGL's interest payments on its debt are well covered by EBIT (56.5x coverage).
Balance Sheet
Dividend
What is TransGlobe Energy current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.29%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TGL's dividend (2.29%) is higher than the bottom 25% of dividend payers in the UK market (1.74%).
High Dividend: TGL's dividend (2.29%) is low compared to the top 25% of dividend payers in the UK market (4.65%).
Stability and Growth of Payments
Stable Dividend: TGL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TGL has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), TGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), TGL's dividend payments are well covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Randy Neely (55 yo)
4.33yrs
Tenure
US$1,249,587
Compensation
Mr. Randall C. Neely, also known as Randy, CPA ("CA"), CFA, ICD D., has been President and Chief Executive Officer of TransGlobe Energy Corporation since January 11, 2018 and January 1, 2019, respectively...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD1.25M) is above average for companies of similar size in the UK market ($USD937.69K).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TGL's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: TGL's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TGL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TransGlobe Energy Corporation's employee growth, exchange listings and data sources
Key Information
- Name: TransGlobe Energy Corporation
- Ticker: TGL
- Exchange: AIM
- Founded: 1968
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Implied Market Cap: US$320.350m
- Listing Market Cap: US$256.116m
- Shares outstanding: 73.31m
- Website: https://www.trans-globe.com
Number of Employees
Location
- TransGlobe Energy Corporation
- 444 – 5th Avenue SW
- Suite 900
- Calgary
- Alberta
- T2P 2T8
- Canada
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/02 00:00 |
End of Day Share Price | 2022/04/29 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.