TransGlobe Energy Corporation (TGA)

TransGlobe Energy Corporation (TGA)
- P/E (TTM): 2.27X Cap: $270M
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TransGlobe Energy Corporation (TGL $5.06)
- $5.06 P/E (TTM): 2.27X Cap: $368M
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TransGlobe Energy Corporation (TGA)
- P/E (TTM): 2.27X Cap: $270M
- View TGA Profile
- View Questions on TGA

Q: Hello!

TransGlobe Energy for me is down 40% for me since buying it earlier this year. While I do have a time frame of at least several years, I am wondering about the opportunity cost in the shorter term, especially given the sector and specifically TGL's operations being primarily in Egypt. It is in a TFSA, so tax loss isn't part of the conversation. It is not a big position, and is less than 2% of portfolio.

I'd appreciate hearing your thoughts on its short- to medium-term prospects.

Marc.

Read Answer Asked by Marc on November 22, 2019