TGA - Transglobe Energy GAAP EPS of $0.66 revenue of $52.95M

Transglobe Energy press release (NASDAQ:TGA): Q1 GAAP EPS of $0.66. Revenue of $52.95M (+193.4% Y/Y). First quarter sales averaged 11,964 boe/d including one cargo lifting of 459.6 Mbbls of entitlement crude oil sold for net proceeds of $36.5 million. Average realized price for Q1-2022 sales of $75.70/boe; Q1-2022 average realized price on Egypt sales was $81.49/bbl and Canadian sales of $52.11/boe. Funds flow from operations of $27.1 million ($0.37 per share) in the quarter. TransGlobe Energy Corporation  produced an average of 12,446 barrels of oil equivalent per day ("boe/d") during the first quarter of 2022.  Production for the quarter was within full year 2022 guidance of 12,400 to 13,400 boe/d and 3% lower than the previous quarter.

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Transglobe Energy GAAP EPS of $0.66, revenue of $52.95M