Transglobe Stock Today

TGA
 Stock
  

USD 2.63  0.31  10.54%   

Market Performance
0 of 100
Odds Of Distress
Less than 6
Transglobe Energy is trading at 2.63 as of the 24th of September 2022, a -10.54 percent down since the beginning of the trading day. The stock's open price was 2.94. Transglobe Energy has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Transglobe Energy Cp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2022 and ending today, the 24th of September 2022. Click here to learn more.
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. TransGlobe Energy Corporation was incorporated in 1968 and is headquartered in Calgary, Canada. The company has 72.54 M outstanding shares of which 901.34 K shares are at this time shorted by investors with about 0.58 days to cover. More on Transglobe Energy Cp
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Transglobe Energy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Transglobe Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Transglobe Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Transglobe Energy generated a negative expected return over the last 90 days
Transglobe Energy has high historical volatility and very poor performance
Latest headline from www.digitaljournal.com: TransGlobe Board Unanimously Continues to and Proxy Advisor ISS Recommends that Shareholders Vote FOR the Proposed Business Combination with VAALCO - Digital Journal
President CEO, DirectorRoss Clarkson
Thematic Ideas
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Average Analyst Recommendation
Analysts covering Transglobe Energy report their recommendations after researching Transglobe Energy's financial statements, talking to executives and customers, or listening in on Transglobe Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Transglobe Energy. The Transglobe consensus assessment is calculated by taking the average forecast from all of the analysts covering Transglobe Energy.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Transglobe Energy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Transglobe Energy Cp (TGA) is traded on NASDAQ Exchange in USA and employs 55 people. The company currently falls under 'Small-Cap' category with total capitalization of 211.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Transglobe Energy's market, we take the total number of its shares issued and multiply it by Transglobe Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Transglobe Energy runs under Energy sector within Oil & Gas E&P industry. The entity has 72.54 M outstanding shares of which 901.34 K shares are at this time shorted by investors with about 0.58 days to cover. Transglobe Energy Cp has about 37.24 M in cash with 25.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.51.
Check Transglobe Energy Probability Of Bankruptcy
Ownership
Transglobe Energy shows a total of seventy-two million five hundred fourty thousand outstanding shares. Transglobe Energy has 9.24 % if its outstanding shares held by insiders and 9.24 % owned by institutional holders . Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Transglobe Ownership Details

Transglobe Stock Price Odds Analysis

What are Transglobe Energy's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Transglobe Energy jumping above the current price in 90 days from now is close to 99%. The Transglobe Energy Cp probability density function shows the probability of Transglobe Energy stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Transglobe Energy has a beta of 0.4984. This usually implies as returns on the market go up, Transglobe Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Transglobe Energy Cp will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Transglobe Energy is significantly underperforming DOW.
  Odds Below 2.63HorizonTargetOdds Above 2.63
0.23%90 days
 2.63 
99.77%
Based on a normal probability distribution, the odds of Transglobe Energy to move above the current price in 90 days from now is close to 99 (This Transglobe Energy Cp probability density function shows the probability of Transglobe Stock to fall within a particular range of prices over 90 days) .

Transglobe Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Transglobe Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Transglobe Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Transglobe Energy's value.
InstituionSecurity TypeTotal SharesValue
Invesco LtdCommon Shares4.9 M16.6 M
Renaissance Technologies LlcCommon Shares3.6 M12 M
Susquehanna International Group LlpCall Options98.5 K334 K
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Transglobe Energy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Transglobe Energy market risk premium is the additional return an investor will receive from holding Transglobe Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Transglobe Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Transglobe Energy's alpha and beta are two of the key measurements used to evaluate Transglobe Energy's performance over the market, the standard measures of volatility play an important role as well.

Transglobe Stock Against Markets

Picking the right benchmark for Transglobe Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Transglobe Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Transglobe Energy is critical whether you are bullish or bearish towards Transglobe Energy Cp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Transglobe Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Transglobe Energy Corporate Directors

Transglobe Energy corporate directors refer to members of a Transglobe Energy board of directors. The board of directors generally takes responsibility for the Transglobe Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Transglobe Energy's board members must vote for the resolution. The Transglobe Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Susan MacKenzie - Independent DirectorProfile
Bob MacDougall - DirectorProfile
David Cook - DirectorProfile
Frederick Dyment - Independent DirectorProfile

Invested in Transglobe Energy Cp?

The danger of trading Transglobe Energy Cp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Transglobe Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Transglobe Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Transglobe Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the Transglobe Energy information on this page should be used as a complementary analysis to other Transglobe Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running Transglobe Energy price analysis, check to measure Transglobe Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transglobe Energy is operating at the current time. Most of Transglobe Energy's value examination focuses on studying past and present price action to predict the probability of Transglobe Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Transglobe Energy's price. Additionally, you may evaluate how the addition of Transglobe Energy to your portfolios can decrease your overall portfolio volatility.
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Is Transglobe Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transglobe Energy. If investors know Transglobe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transglobe Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Transglobe Energy is measured differently than its book value, which is the value of Transglobe that is recorded on the company's balance sheet. Investors also form their own opinion of Transglobe Energy's value that differs from its market value or its book value, called intrinsic value, which is Transglobe Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transglobe Energy's market value can be influenced by many factors that don't directly affect Transglobe Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transglobe Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Transglobe Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transglobe Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.