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NASDAQ: TGA

How to Buy Transglobe Energy Stock

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Transglobe Energy Corp

TransGlobe Energy Corp. engages in exploration, development, production, and acquisition of properties. The company is headquartered in Calgary, Alberta and currently employs 83 full-time employees.

Transglobe Energy stock last closed at $3.35, up 7.72% from the previous day, and has increased 21.38% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.28 percentage points. Transglobe Energy stock is currently +39.58% from its 52-week low of $2.40, and -39.09% from its 52-week high of $5.50.

As of Oct 5, 2022, there are 73.24M TGA shares outstanding. The market capitalization of TGA is $245.36M. In the last 24 hours, 1.94M TGA shares were traded.

How to Buy Transglobe Energy Stock

Not sure how to invest in Transglobe Energy stock? Here's how.
  1. Decide where to buy Transglobe Energy stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Transglobe Energy stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected. It's the best place to buy TGA stock.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. Research Transglobe Energy stock: The Transglobe Energy ticker symbol is TGA. Is Transglobe Energy stock a good investment? Should you buy shares of TGA? How do TGA's underlying business fundamentals look? Do top analysts think Transglobe Energy is a good buy? Why has TGA's stock price moved recently? (Hint: Our stock research tools can help you figure out if TGA is a good stock to buy).
  5. Make your TGA purchase: Decide if you will purchase TGA shares at the current market price or use a limit order to purchase TGA shares at a specific price.
  6. Track your TGA investment: Create a watchlist to watch your position in Transglobe Energy shares.

Step 1: Decide where to buy Transglobe Energy stock

You will need a brokerage account to access the NASDAQ market and buy TGA shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the next step is brokerage, selected to fill out some personal details so you are able to invest in TGA today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
  2. Provide your personal details to open your new trading account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Fund your investment account

Watch the walkthrough below for more details depositing funds into your new investment account.

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Step 4: Research Transglobe Energy stock

It's absolutely critical to research stocks before you invest, so you can understand the risk as well as the opportunity.

Transglobe Energy stock quick numbers

TGA Price
$3.35
1w %
22.71%
1y %
21.38%
5y %
127.12%
P/E
1.96x
P/B
0.98x
P/S
1.08x
PEG
0.02x
Revenue
$228.01M
Earnings
$124.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$245.36M
Next Earnings
Nov 1, 2022
Next Dividend
N/A

Transglobe Energy Overview

WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on TGA's stock page.

How is TGA stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge TGA's true value.

Using relative valuations methods:

  • TGA could be undervalued based on its P/E ratio of 1.96x, relative to Oil & Gas E&P industry P/E ratio of 6.3x
  • TGA may be undervalued based on its P/B ratio of 0.98x, relative to Oil & Gas E&P industry P/B ratio of 2.72x
  • TGA could be undervalued based on its PEG ratio of 0.02x

You can access additional valuation analysis on TGA's stock here.

TGA Financial Health Overview

Pros:

  • Total TGA debt is lower than 5 years ago, relative to shareholder equity.
  • TGA has cash burn of 1159000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TGA balance sheet.
  • TGA profit margin has gone up from -10.2% to 54.6% in the past year.
  • There are more short-term assets than long-term liabilities on the TGA balance sheet.
  • TGA has $61.18M in cash and short term investments. This is sufficient to cover its annual cash burn of $1.16M.

Cons:

  • TGA has a relatively high debt to equity ratio of 0.42.

Is it a good time to buy Transglobe Energy stock?

Out of 1 sell side analysts who monitor TGA, the consensus analyst rating on Transglobe Energy is a Strong Buy

Should I buy or sell TGA stock?

Based on 1 analyst offering ratings for Transglobe Energy Corp.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

You can dive deeper into what analysts are forecasting on the Transglobe Energy stock forecast page.

TGA Technicals

SMA10
2.82
SMA20
2.94
SMA50
3.19
SMA100
3.58
SMA200
3.59
MACD
-0.07
MACD Signal
-0.13
MACD Histogram
0.06
RSI
61.65
Stochastic %K
81.82
Stochastic %D
58.12
StochRSI %K
100
StochRSI %D
86.7

TGA Earnings

Last year, TGA earnings were $124.58M. Over the last 3 year, TGA's earnings have gone up by 172.21% per year. This was faster than the Oil & Gas E&P industry average of 40.33%.

Last year, TGA revenue was $228.01M. Over the past 5 year, TGA's revenue has gone up by 20.66% per year. This was slower than the Oil & Gas E&P industry average of 25.32%.

Dig into TGA's earnings and revenue performance here.

Latest Insiders Trades at TGA

In the past 12 months, executives and large shareholders at TGA have not bought or sold any shares.

Get more info about who owns TGA shares here.

Does TGA provide a stable income stream?

Transglobe Energy pays a dividend of 2.99%, compared to the Oil & Gas E&P industry's average dividend yield of 3.75%. If you owned $1,000 worth of TGA stock, you would have received $29.85 last year.

Transglobe Energy dividend payments have not consistently grown over the past 8 years and have not remained stable.

Dig into more data about Transglobe Energy dividend yield and history here.

What do other traders have to say about TGA?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your TGA purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open Trade button and eToro will place your order.

If you want more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Track your TGA investment

Now that you own some shares in TGA, you'll want to keep up with your company.

Put TGA on a watchlist to get notified of important updates regarding your TGA stock.

TGA Feed

How to Buy Stock in Transglobe Energy

To summarize, here are the 6 steps you need to take to buy Transglobe Energy stock right now:

  1. Decide where to buy Transglobe Energy stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Transglobe Energy stock
  5. Make your TGA purchase
  6. Track your TGA investment

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today

If you would like to track your investment in Transglobe Energy, add TGA to your watchlist by clicking the button below.

NASDAQ: TGA
$3.35+0.24 (+7.72%)
Updated Oct 5, 2022
Open eToro Account
NASDAQ: TGA
$3.35+0.24 (+7.72%)
Updated Oct 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Transglobe Energy share?

As of Oct 5, 2022, it costs $3.35 to buy one share of Transglobe Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.299 shares of TGA.

Get Started with eToro Today

Is now a good time to buy Transglobe Energy stock?

According to 1 Wall Street analysts who monitor Transglobe Energy, their consensus recommendation is to buy Transglobe Energy stock.

What is the best way to buy Transglobe Energy stock?

The best way to buy Transglobe Energy stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.