TGL : TransGlobe Energy Corporation Stock Profile

Last Updated: 3/12/2024 0:47:16

TransGlobe Energy Corporation trades with the ticker TGL on the TSX and is in the Oil & Gas E&P industry.

Overview
TransGlobe Energy Corporation, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada. TransGlobe Energy Corporation was incorporated in 1968 and is headquartered in Calgary, Canada. As of October 14, 2022, TransGlobe Energy Corporation operates as a subsidiary of VAALCO Energy Canada ULC.
 

Looking to invest in TransGlobe Energy Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

TGL.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $370.882MM

PE Ratio: 2.181

Price: 4.38 (Updated: 3/12/2024 0:47:16)



TransGlobe Energy Corporation (TGL) vs Competitors in Oil & Gas E&P

Lets see how TGL.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • TransGlobe Energy Corporation (TGL) vs Advantage Oil & Gas Ltd (AAV)
    • TGL has higher EPS (2.32 vs 0.59). TGL provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 2.181) indicating it’s more expensive.
  • TransGlobe Energy Corporation (TGL) vs Africa Oil Corp (AOI)
    • TGL has higher EPS (2.32 vs 0.24). AOI has higher dividend yield (3.2% vs 2.0%). AOI has a higher P/E ratio (8.708 vs 2.181) indicating it’s more expensive.
  • TransGlobe Energy Corporation (TGL) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs 2.32). ARX has higher dividend yield (2.9% vs 2.0%). ARX has a higher P/E ratio (8.981 vs 2.181) indicating it’s more expensive.
  • TransGlobe Energy Corporation (TGL) vs Athabasca Oil Corporation (ATH)
    • TGL has higher EPS (2.32 vs -0.09). TGL provides dividends, while ATH does not. ATH has a P/E under 0, indicating TGL (P/E 2.181) is in a better position.
  • TransGlobe Energy Corporation (TGL) vs Birchcliff Energy Ltd (BIR)
    • TGL has higher EPS (2.32 vs 0.32). BIR has higher dividend yield (7.2% vs 2.0%). BIR has a higher P/E ratio (17.25 vs 2.181) indicating it’s more expensive.

Our Recommendation: Hold
Has a lower P/E ratio (2.18) than the industry average (9.55), indicating potential undervaluation. Features a lower EV/EBITDA ratio (1.44) than the industry average (4.55), indicating attractive valuation.
 

How to Buy TGL stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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