In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TransGlobe Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqCM:TGA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2022	228	125	-1	43	N/A
3/31/2022	204	100	-8	25	N/A
12/31/2021	169	40	18	45	N/A
9/30/2021	160	31	43	61	N/A
6/30/2021	119	-12	24	31	N/A
3/31/2021	79	-33	27	31	N/A
12/31/2020	115	-77	24	32	N/A
9/30/2020	110	-83	23	41	N/A
6/30/2020	124	-74	30	57	N/A
3/31/2020	156	-50	20	54	N/A
12/31/2019	140	-4	8	45	N/A
9/30/2019	152	35	-12	31	N/A
6/30/2019	163	20	20	67	N/A
3/31/2019	189	17	19	63	N/A
12/31/2018	176	16	28	69	N/A
9/30/2018	176	-17	71	104	N/A
6/30/2018	179	-12	47	76	N/A
3/31/2018	151	-76	23	55	N/A
12/31/2017	148	-79	21	59	N/A
9/30/2017	113	-110	-16	22	N/A
6/30/2017	89	-129	-50	-14	N/A
3/31/2017	68	-84	-38	-5	N/A
12/31/2016	63	-88	-28	-1	N/A
9/30/2016	62	-89	-24	-1	N/A
6/30/2016	66	-110	25	43	N/A
3/31/2016	80	-111	N/A	61	N/A
12/31/2015	92	-106	N/A	78	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TGA's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if TGA's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if TGA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if TGA's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if TGA's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TGA's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/16 08:51
End of Day Share Price	2022/10/13 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TransGlobe Energy Corporation is covered by 21 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rita Guindy	Arqaam Capital Research Offshore S.A.L.
Charlie Sharp	Canaccord Genuity
Ian Macqueen	CIBC Capital Markets

This company has been acquired

TransGlobe Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

TransGlobe Energy Corporation Provides Production Guidance for the Full Year of 2022

TransGlobe Energy Corporation Provides Production Guidance for the Full Year 2021

Analysts increase EPS estimates to -US$1.11

Analysts update estimates

Recent updates

TransGlobe Energy to Delist from Nasdaq

VAALCO Energy Canada ULC completed the acquisition of TransGlobe Energy Corporation (NasdaqCM:TGA) from Horizon Partners, Ltd. and others.

TransGlobe Common Shares to Be Delisted on Nasdaq and Trading of TransGlobe Common Shares on AIM Will Be Cancelled

Horizon Partners Receives Support from Shareholders of TransGlobe Energy Corporation

Horizon Absolute Opposes the Proposed Transaction of TransGlobe Energy with Vaalco Energy

Horizon Absolute Return Fund Limited Urges the Shareholders of TransGlobe Energy Corporation

TransGlobe Energy Corporation Provides an Update on Delisting of Its Shares

TransGlobe Energy: The Stock Is Undervalued

Transglobe Energy GAAP EPS of $0.44, revenue of $74.69M

TransGlobe Energy: Forget The Merger

VAALCO Energy Canada ULC entered into a definitive arrangement agreement to acquire TransGlobe Energy Corporation (NasdaqCM:TGA) for approximately $320 million.

VAALCO Energy Canada ULC entered into a definitive arrangement agreement to acquire TransGlobe Energy Corporation (NasdaqCM:TGA) for approximately $320 million.

TransGlobe Energy: Massive Shareholder Returns, But One Big Problem

TransGlobe Energy: I Expect Higher Netbacks

TransGlobe Energy: This Small Cap Oil Producer Will Continue Outperforming Peers And Large Caps

TransGlobe Energy: Cash Flow Guidance Under The New Contract

TransGlobe Energy Corporation Announces Management Changes

TransGlobe Energy: Passing Out The Cash

TransGlobe Energy Corporation to Report Fiscal Year 2021 Results on Mar 17, 2022

A Big Day For TransGlobe Energy

TransGlobe Energy: Results Come In

TransGlobe Energy Corporation Provides Production Guidance for the Full Year of 2022

TransGlobe Energy: A Case Study In Asymmetric Return Possibilities

TransGlobe Energy: A Big Day For The Stock

TransGlobe Energy: Results Begin To Come In

TransGlobe Energy: New Production Ahead Of Time

TransGlobe Energy Is On The Move

TransGlobe Energy Is Resuming A Growth Strategy

TransGlobe Energy Corporation Provides Production Guidance for the Full Year 2021

Transglobe Energy reports Q1 results

TransGlobe Energy: New Contract With More Profits

TransGlobe Energy Corporation to Report Fiscal Year 2020 Results on Mar 15, 2021

TransGlobe Energy US Listing Transfers to The Nasdaq Capital Market from The Nasdaq Global Select Market

TransGlobe Energy receives approval for listing transfer to capital market; granted additional 180-day period for regaining listing compliance

Analysts increase EPS estimates to -US$1.11

VP & COO recently bought US$56k worth of stock

TransGlobe Energy: The Egyptian Solution

A Look At TransGlobe Energy's (NASDAQ:TGA) Share Price Returns

New 90-day high: US$0.64

TransGlobe Energy rockets on merger, extension of Eastern Desert Concessions

Third quarter 2020 earnings released: US$0.082 loss per share

TransGlobe Energy: Clipping Coupons

New 90-day low: US$0.38

New 90-day low - US$0.51