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home / news releases / TGA - Transglobe Energy Will Benefit From Egyptian Announcement


TGA - Transglobe Energy Will Benefit From Egyptian Announcement

Transglobe Energy (TGA) is so out of favor that it would be hard to imagine the stock declining much from its current price.

Source: Seeking Alpha Website February 12, 2019

As shown above, the forward price-earnings ratio borders on the absurd. That is before you take into account the rather generous distribution. The dividend was reinstated in August at $.035/share for the first time since March 2015. It appears to be a quarterly distribution at the current time. Though, this management has often used the distribution to reinvest in the business as needed

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Stock Information

Company Name: TransGlobe Energy Corporation
Stock Symbol: TGA
Market: NASDAQ
Website: trans-globe.com

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