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Trans Energy, Inc. Company Snapshot
Business Description:
Trans Energy, Inc. operates in the Crude petroleum and natural gas sector. Trans Energy, Inc. (Trans Energy) is engaged in the acquisition, exploration, development and production of natural gas and oil, and the marketing and transportation of natural gas. The Company owns interests in and operate approximately 300 oil and gas wells in West Virginia. It also owns and operates an aggregate of 19 miles of four-inch and six-inch gas transmission lines located within West Virginia in the counties of Marion, Doddridge, Ritchie, Wetzel and Tyler. It also has approximately 39,669 gross acres under lease in West Virginia primarily in the counties of Wetzel, Marshall, Marion and Doddridge. Natural gas production from wells owned by the Company is sold to various intrastate and interstate pipeline companies and natural gas marketing companies. It sells its oil production to third party purchasers under agreements at posted field prices. In our complete report available for purchase the company is compared to: Evolution Petroleum Corporation, Texas Vanguard Oil Company and Miller Energy Resources Inc.
   
   
 
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Trans Energy, Inc.
  Stock Performance Chart for Trans Energy, Inc.
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 2.20
(Figures in U.S. Dollars)
1 Week 10.0%   13 Weeks -8.7%  
4 Weeks -20.0%   52 Weeks -20.0%  
 
Trans Energy, Inc. Key Data:
  Ticker: TENG Country: UNITED STATES
  Exchanges: OTC Major Industry: Oil, Gas, Coal & Related Services
    Sub Industry: Crude Oil & Natural Gas Producers
  2010 Sales 6,099,953
(Year Ending Jan 2011).
Employees: 25
  Currency: U.S. Dollars Market Cap: 28,322,972
  Fiscal Yr Ends: December Shares Outstanding: 12,874,078
  Share Type: Common Closely Held Shares: 9,385,988
 
 
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