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Last C$6.70 CAD
Change Today 0.00 / 0.00%
Volume 0.0
TNP On Other Exchanges
Symbol
Exchange
NYSE Amex
Toronto
Frankfurt
As of 3:59 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

transatlantic petroleum ltd (TNP) Snapshot

Open
C$6.70
Previous Close
C$6.70
Day High
C$6.80
Day Low
C$6.64
52 Week High
07/3/14 - C$13.30
52 Week Low
01/28/15 - C$5.22
Market Cap
273.2M
Average Volume 10 Days
5.0K
EPS TTM
C$-0.04
Shares Outstanding
40.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TRANSATLANTIC PETROLEUM LTD (TNP)

transatlantic petroleum ltd (TNP) Related Businessweek News

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transatlantic petroleum ltd (TNP) Details

TransAtlantic Petroleum Ltd. engages in the acquisition, exploration, development, and production of oil and natural gas. As of December 31, 2014, the company had interests in approximately 1.8 million net acres of developed and undeveloped oil and natural gas properties in Turkey, Albania, and Bulgaria. TransAtlantic Petroleum Ltd. was founded in 1985 and is based in Addison, Texas.

719 Employees
Last Reported Date: 03/16/15
Founded in 1985

transatlantic petroleum ltd (TNP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer and Vice President
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2013.

transatlantic petroleum ltd (TNP) Key Developments

Transatlantic Petroleum Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Production Results for the Full Year Ended December 31, 2014

TransAtlantic Petroleum Ltd. reported financial and operating results for the fourth quarter and full year ended December 31, 2014. For the quarter, total revenues were $29.9 million compared to $33.9 million for the three months ended December 31, 2013. Net profit from continuing operations was $15.4 million, or $0.39 per basic and diluted share compared to net loss from continuing operations of $14.4 million, or $0.39 per basic and diluted share for the three months ended December 31, 2013. The net profit included $35.0 million of derivative gains, $11.4 million of exploration, abandonment and impairment charges and $0.6 million of foreign exchange losses. Adjusted EBITDAX from continuing operations was $16.2 million, compared to $20.9 million for the three months ended December 31, 2013. The fourth quarter of 2014 EBITDAX included the impact of oil price declines which lowered revenue by approximately $13.0 million versus the third quarter. Operating loss was $12.5 million against operating profit of $8.3 million a year ago. Income from continuing operations before income taxes was $20.3 million against loss from continuing operations before income taxes of $15.8 million a year ago. Revenues were $140.7 million, compared to $130.8 million for the twelve months ended December 31, 2013. The increase in annual Revenue was primarily attributable to a 24% increase in net sales volumes countered with a 12% decrease in average price per BOE. Net profit from continuing operations was $29.1 million, or $0.77 per basic and diluted share compared to a net loss from continuing operations of $13.3 million, or $0.36 per basic and diluted share for the twelve months ended December 31, 2013. The 2014 net profit included a derivative gain of $37.5 million compared to a loss of $2.7 million in 2013, $19.9 million of exploration, abandonment and impairment charges compared to $27.3 million in 2013, and $4.3 million of seismic and other exploration expenses compared to $14.0 million in 2013. Adjusted EBITDAX from continuing operations was $89.6 million compared to $77.0 million for the twelve months ended December 31, 2013 as a result of increased net sales and revenue. Operating profit was $15.8 million against $2.8 million a year ago. Income from continuing operations before income taxes was $42.1 million against $12.1 million a year ago. Net cash provided by operating activities from continuing operations was $78.1 million against $68.8 million a year ago. The company’s 2015 year-to-date net production has been approximately 6,295 BOEPD, comprised of 4,569 barrels of oil per day and 8.7 million cubic feet of natural gas per day. During the first quarter of 2015, the company completed three wells in Turkey and reduced costs. The company’s wellhead production was 1.9 million barrels of oil equivalent in 2014, as compared to 1.6 million barrels of oil equivalent in 2013.

TransAtlantic Petroleum Ltd., Q4 2014 Earnings Call, Mar 17, 2015

TransAtlantic Petroleum Ltd., Q4 2014 Earnings Call, Mar 17, 2015

TransAtlantic Petroleum Ltd. to Report Q4, 2014 Results on Mar 16, 2015

TransAtlantic Petroleum Ltd. announced that they will report Q4, 2014 results at 5:00 PM, W. Europe Standard Time on Mar 16, 2015

 

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Industry Analysis

TNP

Industry Average

Valuation TNP Industry Range
Price/Earnings 6.8x
Price/Sales 1.4x
Price/Book 1.0x
Price/Cash Flow 2.0x
TEV/Sales 0.0x
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