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.
Excellent balance sheet and fair value.
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 -34.7% over the past year.
Return vs Market: TGA underperformed the US Market which returned 15.4% 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 month ago | Simply Wall StWhat Kind Of Shareholders Own TransGlobe Energy Corporation (NASDAQ:TGA)?
2 months ago | Simply Wall StIf You Had Bought TransGlobe Energy (NASDAQ:TGA) Stock Five Years Ago, You'd Be Sitting On A 87% Loss, Today
3 months ago | Simply Wall StHow Much Are TransGlobe Energy Corporation (NASDAQ:TGA) Insiders Spending On Buying Shares?
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 ($0.61) is trading below our estimate of fair value ($2.63)
Significantly Below Fair Value: TGA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGA is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: TGA is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TGA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TGA is good value based on its PB Ratio (0.3x) compared to the US Oil and Gas industry average (0.7x).
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 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TGA is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TGA is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TGA's revenue is expected to decline over the next 3 years (-5% per year).
High Growth Revenue: TGA's revenue is forecast to decline over the next 3 years (-5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGA is forecast to be unprofitable in 3 years.
How has TransGlobe Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGA is currently unprofitable.
Growing Profit Margin: TGA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TGA is unprofitable, but has reduced losses over the past 5 years at a rate of 34.2% per year.
Accelerating Growth: Unable to compare TGA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TGA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-13.9%).
Return on Equity
High ROE: TGA has a negative Return on Equity (-32.6%), as it is currently unprofitable.
How is TransGlobe Energy's financial position?
Financial Position Analysis
Short Term Liabilities: TGA's short term assets ($85.8M) exceed its short term liabilities ($32.5M).
Long Term Liabilities: TGA's short term assets ($85.8M) exceed its long term liabilities ($54.1M).
Debt to Equity History and Analysis
Debt Level: TGA's debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: TGA's debt to equity ratio has increased from 13.5% to 23.7% over the past 5 years.
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: Whilst unprofitable TGA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.1% per year.
What is TransGlobe Energy current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TGA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TGA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TGA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TGA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TGA is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TGA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Randy Neely (54 yo)
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 ($USD1.09M) is above average for companies of similar size in the US market ($USD606.98K).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
|VP of Finance & CFO||2.58yrs||US$680.44k||0.063% |
|VP & COO||1.42yrs||US$780.77k||no data|
|Corporate Secretary||3.58yrs||no data||no data|
Experienced Management: TGA's management team is considered experienced (2.1 years average tenure).
|Non-Executive Director||24.83yrs||US$97.41k||2.55% |
|Independent Director||3.42yrs||US$103.06k||0.069% |
|Independent Non-Executive Director||1.58yrs||US$101.02k||no data|
|Non-Executive Independent Director||0.42yr||no data||0.055% |
|Independent Chairman of the Board||1.25yrs||US$129.16k||0.14% |
|Non-Executive Independent Director||1.42yrs||US$92.15k||0.028% |
Experienced Board: TGA's board of directors are not considered experienced ( 1.6 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$43.895m
- 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 acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds inter ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 00:21|
|End of Day Share Price||2020/08/06 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.