TNP : TransAtlantic Petroleum Ltd Stock Profile

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

TransAtlantic Petroleum Ltd trades with the ticker TNP on the TSX and is in the Oil & Gas E&P industry.

Overview
TransAtlantic Petroleum Ltd., an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in Turkey and Bulgaria. As of December 31, 2019, it had interests in 4 onshore exploration licenses and 20 onshore production leases covering an area of 436,388 net acres with a total net proved reserves of 10,259 thousand barrels of oil and 2,466 million cubic feet of natural gas located in Turkey, as well as a production concession covering an area of approximately 162,800 net undeveloped acres located in Bulgaria. The company was incorporated in 1985 and is based in Addison, Texas. As of December 18, 2020, TransAtlantic Petroleum Ltd. was taken private.
 

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

TNP.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $12.977MM

PE Ratio:

Price: 23.77 (Updated: 3/12/2024 0:47:16)



TransAtlantic Petroleum Ltd (TNP) vs Competitors in Oil & Gas E&P

Lets see how TNP.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

  • TransAtlantic Petroleum Ltd (TNP) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs -0.123). TNP provides dividends, while AAV does not. TNP has a P/E under 0, indicating AAV (P/E 16.729) is in a better position.
  • TransAtlantic Petroleum Ltd (TNP) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs -0.123). AOI has higher dividend yield (3.2% vs 0.0%). TNP has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
  • TransAtlantic Petroleum Ltd (TNP) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs -0.123). ARX has higher dividend yield (2.9% vs 0.0%). TNP has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
  • TransAtlantic Petroleum Ltd (TNP) vs Athabasca Oil Corporation (ATH)
    • ATH has higher EPS (-0.09 vs -0.123). TNP provides dividends, while ATH does not. ATH and TNP both have P/E’s under 0.
  • TransAtlantic Petroleum Ltd (TNP) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs -0.123). BIR has higher dividend yield (7.2% vs 0.0%). TNP has a P/E under 0, indicating BIR (P/E 17.25) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (1.35) than the industry average (4.55), indicating attractive valuation.
 

How to Buy TNP 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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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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