Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last C$5.07 CAD
Change Today -0.11 / -2.12%
Volume 170.0K
TGL On Other Exchanges
As of 4:00 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

transglobe energy corp (TGL) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/20/14 - C$8.20
52 Week Low
01/15/15 - C$3.23
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for TRANSGLOBE ENERGY CORP (TGL)

Related News

No related news articles were found.

transglobe energy corp (TGL) Related Businessweek News

View More BusinessWeek News

transglobe energy corp (TGL) Details

TransGlobe Energy Corporation acquires, explores, develops, and produces oil and gas properties. The company operates through two segments, the Arab Republic of Egypt and the Republic of Yemen. It holds interests in nine production sharing concessions (PSCs), including West Gharib, North West Gharib, South West Gharib, South East Gharib, West Bakr, South Alamein, South Ghazalat, North West Sitra, and East Ghazalat located in Egypt; and four PSCs comprising Block 32, Block S-1, Block 72, and Block 75 located in Yemen. As of December 31, 2014, the company had total proved reserves of 22.1 million barrels of oil (MMBbl); and total proved plus probable reserves of 33.5 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$400.0K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$292.0K
Chief Operating Officer, Vice President, Dire...
Total Annual Compensation: C$349.0K
Vice President of Business Development
Total Annual Compensation: C$287.0K
Vice President of Exploration
Total Annual Compensation: C$262.0K
Compensation as of Fiscal Year 2014.

transglobe energy corp (TGL) Key Developments

TransGlobe Energy Corporation Approves Amendments to By-Law Number 2

TransGlobe Energy Corporation at its annual general and special meeting of shareholders held on May 7, 2015, approved the confirmation of certain amendments to By-law Number 2 of the company relating to the advance notice of nomination of directors.

TransGlobe Energy Corporation Reports Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Second Quarter of 2015 and Capital Budget for the Full Year 2015

TransGlobe Energy Corporation reported consolidated earnings and operating results for the first quarter ended March 31, 2015. The company reported a first quarter loss per share of $0.17, below the gain of $0.22 a share in the year earlier quarter. The company reported a loss of $11.2 million on revenues of $54.3 million, compared to a gain of $16.7 million on revenues of $151.1 million in the year-earlier period. This was principally a result of low oil prices. Oil revenue, net of royalties were $29.573 million compared to $78.366 million a year ago. Funds flow from operations were negative of $3.288 million or $0.04 per diluted share compared to funds flow from operations of $32.487 million or $0.43 per diluted share a year ago. Capital expenditures were $14.101 million compared to $14.365 million a year ago. The Company experienced a net loss in the quarter of $11.2 million, which included a $2.4 million non-cash unrealized loss on convertible debentures. The $2.4 million loss represents a fair value adjustment in accordance with IFRS, but does not represent a cash loss or a change in the future cash outlay required to repay the convertible debentures. The company reported total production averaged 14,886 barrels of oil per day (Bopd) during the quarter compared to 18,067 barrels of oil per day a year ago. Average sales volumes were 12,876 barrels of oil per day (Bopd) during the quarter compared to 17,932 barrels of oil per day a year ago. In second quarter 2015, the company production will average approximately 13,800 Bopd (increased from previous guidance of 13,300 Bopd), and that it now markets its own crude, therefore future funds flow will be dependent upon the timing of crude oil tanker lifting's and the pricing that TGA is able to negotiate. Because these factors are difficult to accurately predict, TGA it has not provided funds flow guidance for 2015. The company expects production of 8,500 barrel a day average for West Gharib, and then 5,000 average for West Bakr and 300 barrels a day at East Ghazalat. TGA reported a 2015 capital budget of $37.0 million for Egypt, and $500,000 for Yemen, total of $37.5 million.

TransGlobe Energy Seeks Acquisitions In Egypt

TransGlobe Energy Corporation (NasdaqGS:TGA) is seeking acquisitions. Ross Clarkson, President, Chief Executive Officer and Director, said, “We are currently evaluating several additional opportunities for acquisitions in Egypt.”


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TGL:CN C$5.07 CAD -0.11

TGL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AWE Ltd A$1.41 AUD +0.035
BlackPearl Resources Inc C$1.10 CAD 0.00
Faroe Petroleum PLC 81.75 GBp +1.25
Ithaca Energy Inc C$1.04 CAD -0.01
TransAtlantic Petroleum Ltd C$6.86 CAD -0.16
View Industry Companies

Industry Analysis


Industry Average

Valuation TGL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 0.6x
Price/Cash Flow 3.0x
TEV/Sales 0.5x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TRANSGLOBE ENERGY CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at