TransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada.
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has TransGlobe Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGA has not had significant price volatility in the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: TGA underperformed the US Oil and Gas industry which returned -19.5% over the past year.
Return vs Market: TGA underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is TransGlobe Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StWhat Type Of Shareholder Owns TransGlobe Energy Corporation's (NASDAQ:TGA)?
3 weeks ago | Simply Wall StThe TransGlobe Energy (NASDAQ:TGA) Share Price Is Down 62% So Some Shareholders Are Wishing They Sold
1 month ago | Simply Wall StDoes Market Volatility Impact TransGlobe Energy Corporation's (NASDAQ:TGA) Share Price?
Is TransGlobe Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGA ($1.2) is trading below our estimate of fair value ($4.22)
Significantly Below Fair Value: TGA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGA is good value based on its PE Ratio (2.5x) compared to the Oil and Gas industry average (8.9x).
PE vs Market: TGA is good value based on its PE Ratio (2.5x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TGA is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (0.8x).
How is TransGlobe Energy forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGA's earnings are forecast to decline over the next 3 years (-47.9% per year).
Earnings vs Market: TGA's earnings are forecast to decline over the next 3 years (-47.9% per year).
High Growth Earnings: TGA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TGA's revenue is expected to decline over the next 3 years (-7.9% per year).
High Growth Revenue: TGA's revenue is forecast to decline over the next 3 years (-7.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGA's Return on Equity is forecast to be low in 3 years time (7.1%).
How has TransGlobe Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGA has a high level of non-cash earnings.
Growing Profit Margin: TGA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TGA has become profitable over the past 5 years, growing earnings by 13.8% per year.
Accelerating Growth: TGA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TGA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-10.9%).
Return on Equity
High ROE: TGA's Return on Equity (15.8%) is considered low.
Return on Assets
Return on Capital Employed
How is TransGlobe Energy's financial position?
Financial Position Analysis
Short Term Liabilities: TGA's short term assets ($71.4M) exceed its short term liabilities ($24.3M).
Long Term Liabilities: TGA's short term assets ($71.4M) exceed its long term liabilities ($66.7M).
Debt to Equity History and Analysis
Debt Level: TGA's debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: TGA's debt to equity ratio has increased from 15% to 18.8% over the past 5 years.
Inventory Level: TGA has a high level of physical assets or inventory.
Debt Coverage by Assets: TGA's debt is covered by short term assets (assets are 1.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TGA is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TGA is profitable, therefore cash runway is not a concern.
What is TransGlobe Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TGA's dividend (5.83%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: TGA's dividend (5.83%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: TGA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TGA has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.5%), TGA's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TGA's dividends in 3 years are forecast to be well covered by earnings (20.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy Neely (53yo)
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 Di ...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD901.13K) is above average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
|VP of Finance & CFO||2.1yrs||US$694.00k||0.063% $54.7k|
|VP & COO||0.9yrs||no data||no data|
|Corporate Secretary||3.1yrs||no data||no data|
Experienced Management: TGA's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
|Non-Executive Director||24.3yrs||US$1.35m||2.55% $2.2m|
|Independent Director||2.9yrs||US$135.00k||0.069% $60.0k|
|Independent Non-Executive Director||1.1yrs||no data||no data|
|Independent Director||5.8yrs||US$137.50k||0.021% $18.0k|
|Independent Chairman of the Board||0.8yrs||US$130.00k||0.14% $124.6k|
|Non-Executive Independent Director||0.9yrs||no data||0.021% $18.0k|
Experienced Board: TGA's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TGA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TransGlobe Energy Corporation's company bio, employee growth, exchange listings and data sources
- Name: TransGlobe Energy Corporation
- Ticker: TGA
- Exchange: NasdaqGS
- Founded: 1968
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$87.050m
- Shares outstanding: 72.54m
- Website: https://www.trans-globe.com
Number of Employees
- TransGlobe Energy Corporation
- 250 – 5th Street SW
- Suite 2300
- T2P 0R4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGA||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Jan 1980|
|TGL||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1980|
|TRP||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1980|
|TGL||AIM (London Stock Exchange AIM Market)||Yes||Common Shares||GB||GBP||Jan 1980|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 00:05|
|End of Day Share Price||2020/02/19 00:00|
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.