Last C$3.95 CAD
Change Today +0.205 / 5.47%
Volume 706.4K
TGL On Other Exchanges
Symbol
Exchange
Frankfurt
As of 11:23 AM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

transglobe energy corp (TGL) Snapshot

Open
C$4.18
Previous Close
C$3.75
Day High
C$4.18
Day Low
C$3.78
52 Week High
01/15/14 - C$9.35
52 Week Low
12/12/14 - C$3.25
Market Cap
297.2M
Average Volume 10 Days
1.0M
EPS TTM
C$0.98
Shares Outstanding
75.2M
EX-Date
12/11/14
P/E TM
3.5x
Dividend
C$0.20
Dividend Yield
7.10%
Current Stock Chart for TRANSGLOBE ENERGY CORP (TGL)

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transglobe energy corp (TGL) Details

TransGlobe Energy Corporation is engaged in the exploration, development, and production of oil and gas properties. It operates in two segments, the Arab Republic of Egypt and the Republic of Yemen. The company holds interests in eight production sharing concessions (PSCs) that cover approximately 800,000 net acres located in Egypt; and four PSCs in Yemen. As of December 31, 2013, its total proved reserves were 31.6 million barrels of oil (MMBbl); and proved plus probable reserves were 45.3 MMBbl. TransGlobe Energy Corporation was founded in 1968 and is headquartered in Calgary, Canada.

Founded in 1968

transglobe energy corp (TGL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$384.8K
Chief Financial Officer, Vice-President of Fi...
Total Annual Compensation: C$280.8K
Chief Operating Officer, Vice President and D...
Total Annual Compensation: C$335.9K
Vice President of Business Development
Total Annual Compensation: C$275.6K
Vice President of Exploration
Total Annual Compensation: C$251.7K
Compensation as of Fiscal Year 2013.

transglobe energy corp (TGL) Key Developments

TransGlobe Energy Corporation Announces Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Fourth Quarter of 2014

TransGlobe Energy Corporation announced unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. For the quarter, the company has reported revenues of $67,940,000 compared to $78,590,000 a year ago. Earnings before income taxes were $33,882,000 compared to $36,202,000 a year ago. Net earnings and comprehensive income for the period was $19,162,000 or $0.18 per diluted share compared to $16,344,000 or $0.22 per diluted share a year ago. Net cash used in operating activities was $3,123,000 compared to net cash from operating activities of $22,035,000 a year ago. Additions to intangible exploration and evaluation assets were $5,453,000 compared to $4,621,000 a year ago. Additions to petroleum properties were $20,004,000 compared to $17,526,000 a year ago. Additions to other assets were $555,000 compared to $271,000 a year ago. Funds flow from operations was $28,885,000 or $0.35 per diluted share compared to $33,483,000 or $0.44 per diluted share a year ago. Capital expenditures were $26,012,000 compared to $22,418,000 a year ago. For the nine months, the company has reported revenues of $231,778,000 compared to $234,408,000 a year ago. Earnings before income taxes were $113,915,000 compared to $114,814,000 a year ago. Net earnings and comprehensive income for the period was $62,053,000 or $0.75 per diluted share compared to $51,619,000 or $0.52 per diluted share a year ago. Net cash generated by operating activities was $33,555,000 compared to $90,282,000 a year ago. Additions to intangible exploration and evaluation assets were $9,155,000 compared to $9,137,000 a year ago. Additions to petroleum properties were $47,267,000 compared to $50,432,000 a year ago. Additions to other assets were $1,445,000 compared to $337,000 a year ago. Capital expenditures were $57,867,000 compared to $59,906,000 a year ago. Funds flow from operations was $104,557,000 or $1.27 per diluted share compared to $102,375,000 or $1.25 per diluted share a year ago. For the quarter, the company has reported average production volumes of 15,109 Bopd compared to 18,197 Bopd a year ago. Average sales volumes was 15,132 Bopd compared to 18,109 Bopd a year ago. For the nine months, the company has reported average production volumes of 16,417 Bopd compared to18,205 Bopd a year ago. Average sales volumes was 16,505 Bopd compared to 18,186 Bopd a year ago. It is expected that fourth quarter production will be in the 15,000 Bopd range. Assuming 15,000 Bopd for the fourth quarter, total production for 2014 would average approximately 16,000 Bopd. With average production at 16,000 Bopd for 2014, funds flow from operations would be approximately $122.5 million ($113.2 million excluding the $9.3 termination fee from Caracal) assuming an average Dated Brent oil price of $82.5/Bbl in the fourth quarter. The funds flow sensitivity to a $10/Bbl change in Brent for the balance of the year is approximately $3.5 million.

TransGlobe Energy Corporation Declares Quarterly Dividend, Payable on December 31, 2014

TransGlobe Energy Corporation announced that its Board of Directors has declared a quarterly dividend of USD 0.05 per common share, which will be paid in cash on December 31, 2014 to shareholders of record on December 15, 2014.

TransGlobe Energy Corporation to Report Q3, 2014 Results on Nov 12, 2014

TransGlobe Energy Corporation announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Nov 12, 2014

 

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TGL

Industry Average

Valuation TGL Industry Range
Price/Earnings 3.5x
Price/Sales 0.7x
Price/Book 0.4x
Price/Cash Flow 1.7x
TEV/Sales 0.2x
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