TransGlobe Energy Corporation
TGL.L
London Stock Exchange295.00
GBp
-10.00
- -
TransGlobe Energy Corporation
TGL.L
(London Stock Exchange)
Recent
price
295.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- TransGlobe Energy Corporation, a subsidiary of VAALCO Energy, Inc., engages in the acquisition, exploration, development, and production of crude oil and natural gas, with operations in Egypt and Canada. The company holds interests in four production sharing concessions in Egypt, including West Gharib, West Bakr, NW Gharib, and South Ghazalat; and owns production and working interests in Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada. Founded in 1968 and headquartered in Calgary, Canada, TransGlobe focuses on upstream oil and gas activities targeting international markets in North Africa and North America. In September 2024, the company changed its name from TransGlobe Energy Corporation to VAALCO Energy Canada, Inc., following its 2022 merger with VAALCO Energy, Inc., which created a diversified African-focused exploration and production entity with enhanced reserves, production capacity, and cost synergies. The merger delisted TransGlobe shares from the Toronto Stock Exchange, Nasdaq Capital Market, and AIM market of the London Stock Exchange, integrating its assets into VAALCO's global portfolio spanning West Africa, North Africa, and Canada.