Stocks to Watch: TransGlobe Energy Corporation (TSX:TGL) Up +7.39%

TransGlobe Energy Corporation (TSX:TGL) stock finished trading at +7.39%, bringing the stock price to $1.89 on the Toronto Stock Exchange. The stock price saw a low of $1.83 and a high of $1.90.

The company’s stock was traded 428 times with a total of 116,273 shares traded.

TransGlobe Energy Corporation has a market cap of $137.1 million, with 72.54 million shares in issue.

TransGlobe Energy Corp is a Canadian company which is engaged in oil and natural gas exploration, development and production, and the acquisition of properties. The company has two geographical segments namely the Arab Republic of Egypt and Canada. It generates maximum revenue from the Egypt region. The company holds interests in various production sharing concessions (PSC) in Eastern Desert Egypt and Western Desert Egypt. Its blocks in Eastern Desert Egypt include West Gharib, West Bakr, NW Gharib and blocks in the Western Desert Egypt includes South Alamein, South Ghazalat and North West Sitra.

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