Price to trailing twelve month operating cash flow for TGA is currently 0.87, higher than merely 5.02% of US stocks with positive operating cash flow.
TGA's price/sales ratio is 0.28; that's higher than the P/S ratio of just 7.31% of US stocks.
Transglobe Energy Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 58.03%, greater than the shareholder yield of 95.39% of stocks in our set.
Stocks that are quantitatively similar to TGA, based on their financial statements, market capitalization, and price volatility, are BSM, LBRT, PUMP, RNGR, and ADES.
TransGlobe Energy Corporation - Ordinary Shares (TGA) Company Bio
TransGlobe Energy Corporation explores for and produces oil and gas properties in the Arab Republic of Egypt. The company was founded in 1968 and is based in Calgary, Canada.
TGA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Transglobe Energy Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Transglobe Energy Corp ranked in the 37th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 36.17%. As for the metrics that stood out in our discounted cash flow analysis of Transglobe Energy Corp, consider:
The company's compound free cash flow growth rate over the past 5.01 years comes in at -0.27%; that's greater than only 5.68% of US stocks we're applying DCF forecasting to.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 11.97% of stocks in its sector (Energy).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as TGA, try NEX, CVX, MMP, TAT, and EQNR.
TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces an operations update. Over the quarter to date, production decreased marginally due to natural declines in Egypt and Canada, with June Egypt production positively impacted by successful well maintenance in May and timing of production recognition.
Through the execution of a disciplined business plan involving cost-cutting measures, a strategic acquisition, and key contracts with the Egyptian government and third-party marketers, TGA's management has been successful in navigating the company through a variety of changes including low oil prices and revolutions, and as a result Transglobe is well positioned to navigate future volatility in the market. • TransGlobe had an average production base of roughly 16,041 Boepd in 2019 and recently reported ~15.0 MBoepd for Q120, and ~14.4 MBoepd during the month of April a decrease of 1% and 2%, respectively. The slight dip in production was predominantly due to management's proactive decision to reduce 2020 capital spending as a result of the rapid and significant decrease in worldwide c...