Financial Statements

TransGlobe Energy Corporation (TGA)


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Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -42364532-
Net Income 40-77-416-79
Stock Dividends ----111
Dividend Paid ---5-3-
Retained Earnings -1-42364532

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 144234235246-
Annual Depreciation 62-843629283
Capital Expenditure -27-7-36-40-37
Net PPE 179144234235246

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

TransGlobe Energy Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes TransGlobe Energy Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.