- TransGlobe Energy swung to an annual profit after it boosted sales and realised gains on commodity derivatives.

Net profit for the year through December amounted to $15.7m, compared to losses of $78.7m on-year.

Oil and gas sales jumped 18% to $299.1m, despite a fall in production thanks to higher prices.

At 9:33am: [LON:TGL] TransGlobe Energy Corporation share price was 0p at 162.5p

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