TransGlobe Energy Corporation (TGA) has successfully turned its business around, yet the shares are priced as if the business is suffering. The fundamentals have seen a tremendous improvement over the past few years with strong cash flows, but its share price has yet to follow this trend. By now the difference between fundamentals and share price is so wide, that investors can expect significant upside.
Company overview
TransGlobe Energy is an oil and gas exploration and production company whose main activities are in Egypt. But towards the end of 2016, it expanded to