Transglobe Energy Corp (TGA) news stock charts
Transglobe Energy Corp (TGA) Investment Summary:
TransGlobe is an independent, Canadian-based, international upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas. The Company has exploration and production operations in Canada and in the Republic of Yemen and an exploration project in the Arab Republic of Egypt. During the past three years, TransGlobe has developed its business interests through a combination of exploration and development and to a lesser extent, acquisitions and dispositions, primarily focusing on three Production Sharing Agreements ("PSAs") in Yemen (a 13.81087% working interest in Block 32, a 25% working interest in Block S-1 and a 33% working interest in Block 72), in central Alberta, Canada and a Concession Agreement in the Arab Republic of Egypt (a 50% working interest in Nuqra Block 1). ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2006%2f08%2f09%2f0001062993-06-002321.html#FIS_BUSINESS"TRANSGLOBE ENERGY CORP (TGA:NASDAQ)
Snapshot of TRANSGLOBE ENERGY CORP (TGA)
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OPEN
$4.73
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PREVIOUS CLOSE
$4.69
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DAY HIGH
$4.80
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DAY LOW
$4.56
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52 WEEK HIGH
03/11/10 - $4.83
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52 WEEK LOW
07/9/09 - $2.21
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MARKET CAP
300.2M
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AVERAGE VOLUME 10 D
214.3K
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EPS TTM
--
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SHARES OUTSTANDING
65.4M
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TGA Does Not Pay Dividends
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P/E TTM
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| K = Thousands M = Millions B = Billions | ||
Key developments for TRANSGLOBE ENERGY CORP (TGA)
TransGlobe Energy Corp. expected to Report Q1 2010 Results on May 3, 2010. This event was calculated by Capital IQ (Created on March 11, 2010).
TransGlobe Energy Corp. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported that oil and gas sales were $50,044,000 compared to $29,285,000 in the previous year period. Net income was $2,516,000 or $0.04 per diluted share compared to $7,640,000 or $0.13 per diluted share in the previous year period. Funds flow from operations was $9,703,000 or 0.15 per diluted share compared to $6,134,000 or 0.10 per diluted share in the previous year period. Cash flow from operations was $12,594,000 compared to $11,252,000 in the previous year period. Capital expenditure was $7,541,000 compared to $13,730,000 in the previous year period. For the full year, the company reported that oil and gas sales were $167,798,000 compared to $233,695,000 in the previous year period. Net loss was $8,417,000 or $0.13 per diluted share compared to net income of $31,523,000 or $0.53 per diluted share in the previous year period. Funds flow from operations was $45,064,000 or 0.70 per diluted share compared to $59,267,000 or 0.98 per diluted share in the previous year period. Cash flow from operations was $36,799,000 compared to $57,793,000 in the previous year period. Capital expenditure was $35,546,000 compared to $44,714,000 in the previous year period. The company has raised guidance for 2010 to reflect increased production and the improved pricing differential at West Gharib along with an expanded 2010 capital budget. Production for 2010 is expected to average between 10,000 Bopd and 10,500 Bopd, representing a 750 Bopd increase (8%) over the mid-point of previous guidance (9,500 Bopd). Funds flow from operations in 2010 is expected to be $67.0 million ($1.02/share), representing an increase of 22% over previous guidance (based on the mid-point of production guidance and a dated Brent oil price of $65.00/Bbl). The company has increased the 2010 capital budget by $6.5 million to $63.0 million. The 2010 capital program has been expanded to accelerate the emerging Nukhul/Thebes project at West Gharib. The increased budget is expected to be funded from funds flow from operations and cash.
TransGlobe Energy Corp., Annual General Meeting, May 11, 2010, at 15:00 US Mountain Time. Location: Calgary Petroleum Club, 319-5th Avenue S.W., Calgary, Alberta,Canada.
Transglobe Energy Corp financial resources
TGA Competitors
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| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | TGA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 3.0x |
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| Price/Book | 1.9x |
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| Price/Cash Flow | 7.8x |
Not meaningful
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| TEV/Sales | 2.3x |
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TGA |
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TGA transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About Transglobe Energy Corp
TransGlobe Energy Corporation Announces Fourth Quarter and Year-End 2009 Financial and Operating Results
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TransGlobe Energy Corporation Announces Fourth Quarter and Year-End 2009 Financial and Operating Results
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Q4 2009 TRANSGLOBE ENERGY CORP Earnings Release - Time Not Supplied
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TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2009 Results and Conference Call
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TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2009 Results and Conference Call
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TransGlobe Energy Corporation Announces 2009 Year-End Reserves
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TransGlobe Energy Corporation Enters New Exploration Project in Western Desert of Egypt
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InPlay: Transglobe Energy announced its 2009 year-end reserves
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TransGlobe Energy Corporation Announces 2009 Year-End Reserves
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TransGlobe Energy Corporation Enters New Exploration Project in Western Desert of Egypt
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TransGlobe Energy Corporation Announces Normal Course Issuer Bid
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TransGlobe Energy Corporation Provides Mid-Quarter Update for Q3 2009 and Notice of Peters & Co. Conference Participation
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TransGlobe Energy Corporation Appoints Mr. Gary S. Guidry to Board of Directors
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TransGlobe Energy Corporation: Release Date for Third Quarter 2009 Financial and Operating Results and Conference Call
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TransGlobe Energy Corporation Announces Third Quarter 2009 Financial and Operating Results
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TransGlobe Energy Corporation Provides Capital Program and Targets for 2010 and Notice of Participation at Global Energy Conferences
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TransGlobe Energy Corporation Announces Second Quarter 2009 Financial and Operating Results
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TransGlobe Energy Corporation Announces Normal Course Issuer Bid
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