Transglobe: Q1 Earnings Snapshot

CALGARY, Alberta (AP) _ Transglobe Energy Corp. (TGA) on Wednesday reported earnings of $48.8 million in its first quarter.

The Calgary, Alberta-based company said it had net income of 66 cents per share. Earnings, adjusted for asset impairment gains and non-recurring gains, were 30 cents per share.

The oil and gas company posted revenue of $53 million in the period.

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