TransGlobe Energy (TGL) to Release Quarterly Earnings on Thursday

TransGlobe Energy (TSE:TGL) (NYSE:TGA) is set to issue its quarterly earnings data before the market opens on Thursday, November 8th.

TransGlobe Energy (TSE:TGL) (NYSE:TGA) last released its quarterly earnings results on Tuesday, August 14th. The company reported C$0.13 earnings per share for the quarter. The business had revenue of C$88.35 million during the quarter.

TSE TGL opened at C$3.11 on Tuesday. TransGlobe Energy has a twelve month low of C$1.55 and a twelve month high of C$5.45.

In other news, Director Ross Gordon Clarkson sold 500,000 shares of the firm’s stock in a transaction dated Friday, September 28th. The shares were sold at an average price of C$3.35, for a total transaction of C$1,675,000.00.

A number of equities analysts have recently commented on TGL shares. Canaccord Genuity raised their price objective on shares of TransGlobe Energy from C$3.75 to C$6.00 in a report on Tuesday, July 10th. Royal Bank of Canada raised their price objective on shares of TransGlobe Energy from C$4.30 to C$5.00 and gave the stock an “outperform” rating in a report on Thursday, August 16th.

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About TransGlobe Energy

TransGlobe Energy Corporation, together with its subsidiaries, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Egypt and Canada. It holds working interests in West Gharib, West Bakr, North West Gharib, South Alamein, South Ghazalat, and North West Sitra production sharing concessions.

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Earnings History for TransGlobe Energy (TSE:TGL)

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