This company has been acquired
TransGlobe Energy Past Earnings Performance
Past criteria checks 3/6
TransGlobe Energy has been growing earnings at an average annual rate of 48.8%, while the Oil and Gas industry saw earnings growing at 32.8% annually. Revenues have been growing at an average rate of 3.6% per year. TransGlobe Energy's return on equity is 49.8%, and it has net margins of 54.6%.
Key information
48.8%
Earnings growth rate
48.9%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 3.6% |
| Return on equity | 49.8% |
| Net Margin | 54.6% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
Recent updates
TransGlobe Energy: The Stock Is Undervalued
Aug 31Transglobe Energy GAAP EPS of $0.44, revenue of $74.69M
Aug 10TransGlobe Energy: Forget The Merger
Jul 22TransGlobe Energy: Massive Shareholder Returns, But One Big Problem
Jul 14TransGlobe Energy: I Expect Higher Netbacks
Jun 27TransGlobe Energy: This Small Cap Oil Producer Will Continue Outperforming Peers And Large Caps
Jun 13TransGlobe Energy: Cash Flow Guidance Under The New Contract
May 19TransGlobe Energy: Passing Out The Cash
Mar 18A Big Day For TransGlobe Energy
Feb 13TransGlobe Energy: Results Come In
Jan 28TransGlobe Energy: A Case Study In Asymmetric Return Possibilities
Jan 08TransGlobe Energy: A Big Day For The Stock
Dec 24TransGlobe Energy: Results Begin To Come In
Oct 23TransGlobe Energy: New Production Ahead Of Time
Oct 01TransGlobe Energy Is On The Move
Jul 21TransGlobe Energy Is Resuming A Growth Strategy
Jul 09Transglobe Energy reports Q1 results
May 07TransGlobe Energy: New Contract With More Profits
Apr 27TransGlobe Energy receives approval for listing transfer to capital market; granted additional 180-day period for regaining listing compliance
Dec 31TransGlobe Energy: The Egyptian Solution
Dec 09A Look At TransGlobe Energy's (NASDAQ:TGA) Share Price Returns
Dec 08
TransGlobe Energy rockets on merger, extension of Eastern Desert Concessions
Dec 03TransGlobe Energy: Clipping Coupons
Nov 01Revenue & Expenses Breakdown
How TransGlobe Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 22 | 228 | 125 | 31 | 0 |
| 31 Mar 22 | 204 | 100 | 27 | 0 |
| 31 Dec 21 | 169 | 40 | 24 | 0 |
| 30 Sep 21 | 160 | 31 | 21 | 0 |
| 30 Jun 21 | 119 | -12 | 18 | 0 |
| 31 Mar 21 | 79 | -33 | 17 | 0 |
| 31 Dec 20 | 115 | -77 | 14 | 0 |
| 30 Sep 20 | 110 | -83 | 14 | 0 |
| 30 Jun 20 | 124 | -74 | 16 | 0 |
| 31 Mar 20 | 156 | -50 | 15 | 0 |
| 31 Dec 19 | 140 | -4 | 18 | 0 |
| 30 Sep 19 | 152 | 35 | 16 | 0 |
| 30 Jun 19 | 163 | 20 | 17 | 0 |
| 31 Mar 19 | 189 | 17 | 22 | 0 |
| 31 Dec 18 | 176 | 16 | 21 | 0 |
| 30 Sep 18 | 176 | -17 | 23 | 0 |
| 30 Jun 18 | 179 | -12 | 21 | 0 |
| 31 Mar 18 | 151 | -76 | 17 | 0 |
| 31 Dec 17 | 148 | -79 | 18 | 0 |
| 30 Sep 17 | 113 | -110 | 19 | 0 |
| 30 Jun 17 | 89 | -129 | 19 | 0 |
| 31 Mar 17 | 68 | -84 | 19 | 0 |
| 31 Dec 16 | 63 | -88 | 18 | 0 |
| 30 Sep 16 | 62 | -89 | 16 | 0 |
| 30 Jun 16 | 66 | -110 | 17 | 0 |
| 31 Mar 16 | 80 | -111 | 19 | 0 |
| 31 Dec 15 | 92 | -106 | 26 | 0 |
Quality Earnings: TGA has a high level of non-cash earnings.
Growing Profit Margin: TGA became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TGA has become profitable over the past 5 years, growing earnings by 48.8% 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 (-7.1%).
Return on Equity
High ROE: TGA's Return on Equity (49.8%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 |