TransGlobe's business has seen great improvement in terms of free cash flow as well as production.
Cash is being used to pay off debt, pay out dividends, and invest in future growth.
Despite the turnaround since the crashing oil prices of 2014, the shares are trading at an extremely low valuation.
TransGlobe Energy Corporation (TGA) has successfully turned its business around, yet the shares are priced as if the business is suffering. The fundamentals have seen a tremendous improvement over the past few years