Triangle Energy (Global) Limited [ASX:TEG] share price and news 2022

Company Description

Triangle Energy (Global) Limited (TEG) is an experienced oil producer and explorer with operations located in the Perth Basin, approximately 270 kilometers north of Perth, Western Australia. The Company currently has a 78.75% interest in, and is Registered Operator of, the producing Cliff Head Oil Field, which includes the onshore Arrowsmith Stabilisation Plant and offshore Alpha Platform, located in the Perth Basin.

Triangle Energy (Global) Limited belongs to Energy sector and under industry of Oil & Gas Exploration & Production. You can get more information about this company via their website: http://www.triangleenergy.com.au.

This a small cap company with market cap of 16 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is greater than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 4.13 0
Market 0.85 22.3 1.99 0.84
Sector 1.71 22.7 1.75 0.36

Dividend Growth Chart

The following chart shows you how teg dividend grows in the recent years.