As of June 14, 2025, TransGlobe Energy Corp (TGL.TO) reports a Gross Margin of 63.66%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of TransGlobe Energy Corp's Gross Margin
Over recent years, TransGlobe Energy Corp's Gross Margin has shown a moderate pattern. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2021-12-31 | 63.66% |
| 2020-12-31 | 44.11% |
| 2019-12-31 | 64.01% |
| 2018-12-31 | 69.85% |
| 2017-12-31 | 65.68% |
This slight downward trend highlights how TransGlobe Energy Corp manages its operational efficiency and pricing power over time.
Comparing TransGlobe Energy Corp's Gross Margin to Peers
To better understand TransGlobe Energy Corp's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| TransGlobe Energy Corp (TGL.TO) | 63.66% |
| Pipestone Energy Corp (PIPE.TO) | 100.00% |
| Forza Petroleum Ltd (FORZ.TO) | 100.00% |
| Ring Energy Inc (REI) | 93.26% |
| Crew Energy Inc (CR.TO) | 86.02% |
| Petrotal Corp (TAL.V) | 85.66% |
Compared to its competitors, TransGlobe Energy Corp's Gross Margin is about average compared to peers, indicating industry-standard operational efficiency.