TGL:CC News and Press, Transglobe Energy Corporation From 07/22/22

This merger appears to favor VAALCO shareholders. The cash flow comparison does not take into account the new (more profitable) Egyptian contract. The current market is a buyers' market. Management could probably do better by waiting for a sellers' market to develop later in the b...

On July 14, 2022, VAALCO Energy and TransGlobe Energy Corporation announced they had agreed to merge in an all-stock strategic business combination. I believe EGY shareholders did not get a fair deal and should have claimed a more significant part of the Newco or combin...

VAALCO and TransGlobe Energy are two small and focused oil companies. They will combine in an all-stock deal. The merger will be immediately accretive, even before synergies have been captured. The combined company will be more capable and more diversified. It is trading at a very...

VAALCO Energy is acquiring TransGlobe Energy for 0.6727 VAALCO shares per TransGlobe share. The transaction may close in somewhere around 137 days. Pre-market prices imply a spread of over 6%. One of the worst-case scenarios as an arb would be for an activist to break up the d...

Gainers: TransGlobe Energy ( TGA ) +6% . Target Hospitality ( TH ) +5% . Losers: Borr Drilling ( BORR ) -26% . BP Prudhoe Bay Royalty ( BPT ) -22% . VAALCO Energy ( EGY ) -16% . Transocean ( RIG ) -14% . Sibanye Stillwater ( ...

TransGlobe Energy recently reinstated their dividends with a high 6%+ yield coming right out of the gate. Whilst already positive, when overlaying their guidance with the current oil price outlook, it foretells far more on the horizon with a massive near 30% shareholder yield on curre...

Theravance Biopharma ( TBPH ) +14% to buy royalty interest in Trelegy drug from Theravance, Innoviva for $1.3B. TransGlobe Energy ( TGA ) +9% agrees to acquire TransGlobe Energy in all stock deal. Payoneer Global ( PAYO ) +8% . Marinus Pharm...

My estimations show that TGA’s 2Q 2022 crude oil netbacks will be higher than in Q2 2021 and Q1 2022. Due to the continuing war in Ukraine and US sanctions against Iran oil, I expect oil prices to remain high for the rest of 2022. Thus, I estimate higher than Q1 2022 crude ...

TransGlobe Energy (NASDAQ:TGA) reports production averaged 12.1 MBoepd in Q2, 2022 to 11 June vs. Q1 average of 12.4 MBoepd. Full Canadian production restored in May following completion of planned maintenance at a major processing plant owned by a third party. Canadian June production has av...

Calgary, Alberta--(Newsfile Corp. - June 20, 2022) - TransGlobe Energy Corporation (TSX: TGL) (NASDAQ: TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. OVERVIEW Production averaged...