TransAtlantic Petroleum Ltd., an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in Turkey and Bulgaria. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has TransAtlantic Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TAT is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: TAT's weekly volatility has decreased from 24% to 16% over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: TAT underperformed the US Oil and Gas industry which returned -37.5% over the past year.
Return vs Market: TAT underperformed the US Market which returned 19.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TransAtlantic Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StAuditors Have Doubts About TransAtlantic Petroleum (NYSEMKT:TAT)
8 months ago | Simply Wall StDoes TransAtlantic Petroleum Ltd. (NYSEMKT:TAT) Have A High Beta?
9 months ago | Simply Wall StDoes TransAtlantic Petroleum (NYSEMKT:TAT) Have A Healthy Balance Sheet?
Is TransAtlantic Petroleum 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: TAT ($0.24) is trading below our estimate of fair value ($0.42)
Significantly Below Fair Value: TAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TAT is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: TAT 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 TAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TAT has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.
How is TransAtlantic Petroleum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
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 TransAtlantic Petroleum 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.
- Examine TransAtlantic Petroleum's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- TransAtlantic Petroleum competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
How has TransAtlantic Petroleum performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAT is currently unprofitable.
Growing Profit Margin: TAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TAT is unprofitable, but has reduced losses over the past 5 years at a rate of 2.7% per year.
Accelerating Growth: Unable to compare TAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TAT is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).
Return on Equity
High ROE: TAT has a negative Return on Equity (-139.61%), as it is currently unprofitable.
How is TransAtlantic Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: TAT's short term assets ($33.4M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: TAT's short term assets ($33.4M) exceed its long term liabilities ($28.7M).
Debt to Equity History and Analysis
Debt Level: TAT's debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: TAT's debt to equity ratio has reduced from 89.6% to 34.5% 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 TAT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TAT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.6% per year.
What is TransAtlantic Petroleum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TAT'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 TAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TAT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TAT'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
N. Mitchell (58 yo)
Mr. N. Malone Mitchell III, has been Manager of General Partner at Longfellow Energy, LP since 2018. He has been the Chief Executive Officer of TransAtlantic Petroleum Ltd. since May 6, 2011. He is also th...
CEO Compensation Analysis
Compensation vs Market: N.'s total compensation ($USD2.07M) is above average for companies of similar size in the US market ($USD562.78K).
Compensation vs Earnings: N.'s compensation has been consistent with company performance over the past year.
|Chairman & CEO||9.5yrs||US$2.07m||4.85% |
|Executive Vice President of Turkey||8.83yrs||US$675.24k||0.13% |
|Principal Accounting & Financial Officer and Chief Accounting Officer||1.83yrs||no data||0.015% |
|VP, General Counsel & Corporate Secretary||1.83yrs||no data||0.037% |
|Chief Financial Officer of Eastern Europe||3.25yrs||no data||no data|
|Vice President||6.83yrs||no data||2.21% |
Experienced Management: TAT's management team is seasoned and experienced (6.5 years average tenure).
|Chairman & CEO||9.5yrs||US$2.07m||4.85% |
|Independent Director||0.58yr||no data||no data|
|Independent Director||8.42yrs||US$87.60k||0.16% |
|Independent Director||6.75yrs||US$65.10k||0.17% |
|Independent Director||3.92yrs||US$65.10k||0.97% |
|Independent Director||3.92yrs||US$65.10k||0.14% |
Experienced Board: TAT's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 32.5%.
TransAtlantic Petroleum Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: TransAtlantic Petroleum Ltd.
- Ticker: TAT
- Exchange: AMEX
- Founded: 1985
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$18.203m
- Shares outstanding: 76.00m
- Website: https://www.transatlanticpetroleum.com
Number of Employees
- TransAtlantic Petroleum Ltd.
- 16803 Dallas Parkway
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TAT||AMEX (NYSE MKT LLC)||Yes||Common Shares||US||USD||Jun 2003|
|TNP||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jun 2003|
|TRT1||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jun 2003|
|0UE7||LSE (London Stock Exchange)||Yes||Common Shares||GB||USD||Jun 2003|
TransAtlantic Petroleum Ltd., an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in Turkey and Bulgaria. As of December 3...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/22 23:58|
|End of Day Share Price||2020/11/20 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.