Price to trailing twelve month operating cash flow for TGA is currently 0.65, higher than only 4.66% of US stocks with positive operating cash flow.
With a price/sales ratio of 0.21, Transglobe Energy Corp has a higher such ratio than just 6.73% of stocks in our set.
Transglobe Energy Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 77.62%, greater than the shareholder yield of 95.81% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Transglobe Energy Corp are TDW, BSM, NOV, BCEI, and TRCH.
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:
Below please find a table outlining a discounted cash flow forecast for TGA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Transglobe Energy Corp ranked in the 40th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for TGA, they are:
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 5.27% of US stocks we're applying DCF forecasting to.
43% of the company's capital comes from equity, which is greater than merely 21.53% of stocks in our cash flow based forecasting set.
The weighted average cost of capital for the company is 6. This value is greater than only 0.57% stocks in the Energy sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
RDS.A, CRK, EQNR, CLMT, and SDPI can be thought of as valuation peers to TGA, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
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...