11:54 AM EST - TransGlobe Energy Corp. : reported that its fourth-quarter net income was $2.52 million U.S. or $0.04 U.S. per share, compared to $7.64 million U.S. or $0.13 U.S. per share in the same quarter last year. Funds flow from operations was $9.70 million U.S. or $0.15 U.S. per share, up from $6.13 million U.S. or $0.10 U.S. per share in the year-ago quarter. Revenues for the quarter were $28.13 million U.S., down from $30.25 million U.S. in the prior-year quarter. TransGlobe Energy Corp.
shares T.TGL are trading down $0.34 at $4.35.
