Texas Gulf Energy Stock Today

TXGE Stock  USD 1,987  69.26  3.61%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 31

 
100  
 
Zero
Below Average
Texas Gulf is trading at 1986.71 as of the 28th of March 2024, a 3.61 percent increase since the beginning of the trading day. The stock's lowest day price was 1930.01. Texas Gulf has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Texas Gulf Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Texas Gulf Energy, Inc. provides turnkey and specialty construction services to a range of industrial and energy sector clients in the United States. It serves engineering firms, general contractors, petrochemical and industrial gas companies, integrated oil companies, and independent petroleum refiners, as well as pipeline, terminal, and oil and gas marketing companies. The company has 56.53 M outstanding shares. More on Texas Gulf Energy

Moving together with Texas Pink Sheet

  0.8SLB Schlumberger NV Sell-off TrendPairCorr
  0.73HAL Halliburton Fiscal Quarter End 31st of March 2024 PairCorr
  0.75BKR Baker Hughes Fiscal Quarter End 31st of March 2024 PairCorr
  0.71TS Tenaris SA ADRPairCorr
  0.64TNRSF Tenaris SAPairCorr

Moving against Texas Pink Sheet

  0.54TLK Telkom Indonesia Tbk Financial Report 26th of April 2024 PairCorr
  0.53EC Ecopetrol SA ADR Report 3rd of April 2024 PairCorr

Texas Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Texas Gulf's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Texas Gulf or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman, CEO and Interim PresKarim Ayed
Business ConcentrationOil & Gas Equipment & Services, Energy (View all Sectors)
Texas Gulf Energy [TXGE] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Nano-Cap' category with a current market capitalization of 118.71 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Texas Gulf's market, we take the total number of its shares issued and multiply it by Texas Gulf's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Texas Gulf Energy conducts business under Energy sector and is part of Oil & Gas Equipment & Services industry. The entity has 56.53 M outstanding shares. Texas Gulf Energy currently holds about 118.92 K in cash with 1.25 M of positive cash flow from operations.
Check Texas Gulf Probability Of Bankruptcy

Texas Stock Price Odds Analysis

What are Texas Gulf's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Texas Gulf jumping above the current price in 90 days from now is about 1.5%. The Texas Gulf Energy probability density function shows the probability of Texas Gulf pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Texas Gulf Energy has a beta of -0.5334. This usually implies as returns on benchmark increase, returns on holding Texas Gulf are expected to decrease at a much lower rate. During the bear market, however, Texas Gulf Energy is likely to outperform the market. Additionally, texas Gulf Energy has an alpha of 0.1238, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 1986.71HorizonTargetOdds Above 1986.71
98.48%90 days
 1,987 
1.50%
Based on a normal probability distribution, the odds of Texas Gulf to move above the current price in 90 days from now is about 1.5 (This Texas Gulf Energy probability density function shows the probability of Texas Pink Sheet to fall within a particular range of prices over 90 days) .

Texas Gulf Energy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Texas Gulf market risk premium is the additional return an investor will receive from holding Texas Gulf long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Texas Gulf. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Texas Gulf's alpha and beta are two of the key measurements used to evaluate Texas Gulf's performance over the market, the standard measures of volatility play an important role as well.

Texas Stock Against Markets

Picking the right benchmark for Texas Gulf pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Texas Gulf pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Texas Gulf is critical whether you are bullish or bearish towards Texas Gulf Energy at a given time. Please also check how Texas Gulf's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Texas Gulf without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Cryptocurrency Center Now

   

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
All  Next Launch Module

Texas Gulf Corporate Executives

Elected by the shareholders, the Texas Gulf's board of directors comprises two types of representatives: Texas Gulf inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Texas. The board's role is to monitor Texas Gulf's management team and ensure that shareholders' interests are well served. Texas Gulf's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Texas Gulf's outside directors are responsible for providing unbiased perspectives on the board's policies.
Maylene SantiagoCFO, Secretary and TreasurerProfile

How to buy Texas Pink Sheet?

Before investing in Texas Gulf, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Texas Gulf. To buy Texas Gulf stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Texas Gulf. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Texas Gulf stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Texas Gulf Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Texas Gulf Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Texas Gulf Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Texas Gulf Energy?

The danger of trading Texas Gulf Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Texas Gulf is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Texas Gulf. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Texas Gulf Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Gulf Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Texas Gulf Energy information on this page should be used as a complementary analysis to other Texas Gulf's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Texas Pink Sheet analysis

When running Texas Gulf's price analysis, check to measure Texas Gulf's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Gulf is operating at the current time. Most of Texas Gulf's value examination focuses on studying past and present price action to predict the probability of Texas Gulf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Gulf's price. Additionally, you may evaluate how the addition of Texas Gulf to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Fundamental Analysis
View fundamental data based on most recent published financial statements
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Please note, there is a significant difference between Texas Gulf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Gulf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Gulf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.