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TransGlobe Energy Corporation

09:47 AM EST - TransGlobe Energy Corporation : Announced its financial and operating results for the year ended December 31, 2018. All dollar values are expressed in United States dollars. Funds flow from operations increased to $63.3 million ($0.87 per share), up from $55.6 million ($0.77 per share) in 2017, a 14% increase. The company also reported net earnings of $15.7 million ($0.22 per share), inclusive of a $14.5 million impairment loss and $9.3 million unrealized gain on derivative commodity contracts. TransGlobe Energy Corporation shares T.TGL are trading up $0.05 at $2.87.