Roth Capital Decreases Earnings Estimates for VAALCO Energy

VAALCO Energy, Inc. (NYSE:EGY - Free Report) - Equities researchers at Roth Capital lowered their Q1 2025 earnings per share (EPS) estimates for VAALCO Energy in a research report issued on Monday, April 7th. Roth Capital analyst J. White now expects that the energy company will post earnings per share of $0.06 for the quarter, down from their prior forecast of $0.08. The consensus estimate for VAALCO Energy's current full-year earnings is $0.43 per share. Roth Capital also issued estimates for VAALCO Energy's FY2025 earnings at $0.10 EPS.

VAALCO Energy (NYSE:EGY - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The energy company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.02. The firm had revenue of $121.72 million for the quarter, compared to analyst estimates of $108.91 million. VAALCO Energy had a net margin of 17.93% and a return on equity of 15.63%.

Separately, StockNews.com cut shares of VAALCO Energy from a "buy" rating to a "hold" rating in a research note on Tuesday, April 8th.

VAALCO Energy Stock Performance

Shares of EGY traded down $0.05 during trading hours on Thursday, hitting $3.27. The company had a trading volume of 324,301 shares, compared to its average volume of 962,545. The business has a fifty day moving average of $3.90 and a 200-day moving average of $4.64. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.14. The firm has a market cap of $339.24 million, a price-to-earnings ratio of 3.85 and a beta of 0.75. VAALCO Energy has a 12 month low of $3.00 and a 12 month high of $7.43.

VAALCO Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 7.65%. The ex-dividend date was Friday, February 28th. VAALCO Energy's dividend payout ratio (DPR) is presently 45.45%.

Insiders Place Their Bets

In related news, COO Thor Pruckl sold 10,169 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $3.95, for a total transaction of $40,167.55. Following the completion of the transaction, the chief operating officer now directly owns 174,992 shares of the company's stock, valued at $691,218.40. This trade represents a 5.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.30% of the company's stock.

Institutional Trading of VAALCO Energy

A number of large investors have recently bought and sold shares of EGY. Simplicity Wealth LLC acquired a new stake in VAALCO Energy in the first quarter worth $40,000. Parallel Advisors LLC increased its position in VAALCO Energy by 776.1% in the 1st quarter. Parallel Advisors LLC now owns 8,305 shares of the energy company's stock valued at $31,000 after buying an additional 7,357 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in VAALCO Energy during the 4th quarter worth approximately $226,000. GF Fund Management CO. LTD. bought a new position in VAALCO Energy in the fourth quarter worth approximately $141,000. Finally, GTS Securities LLC boosted its holdings in VAALCO Energy by 49.1% in the fourth quarter. GTS Securities LLC now owns 19,268 shares of the energy company's stock worth $84,000 after acquiring an additional 6,343 shares in the last quarter. 50.32% of the stock is currently owned by institutional investors and hedge funds.

VAALCO Energy Company Profile

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.