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NYSE:EGY

VAALCO Energy (EGY) Stock Price, News & Analysis

$5.48
-0.16 (-2.84%)
(As of 09/6/2024 ET)
Today's Range
$5.47
$5.71
50-Day Range
$5.49
$7.29
52-Week Range
$3.85
$7.51
Volume
621,609 shs
Average Volume
1.02 million shs
Market Capitalization
$566.94 million
P/E Ratio
9.13
Dividend Yield
4.56%
Price Target
$8.00

VAALCO Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.0% Upside
$8.00 Price Target
Short Interest
Bearish
3.91% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.19mentions of VAALCO Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-10.17%
From $0.59 to $0.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.40 out of 5 stars

Oils/Energy Sector

123rd out of 239 stocks

Crude Petroleum & Natural Gas Industry

49th out of 79 stocks

EGY stock logo

About VAALCO Energy Stock (NYSE:EGY)

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. It also owns 100% interest in the Eastern Desert, which contains West Gharib, West Bakr and North West Gharib merged concessions covering as area of approximately 45,067 acres, as well as Western Desert, which contains the South Ghazalat concession covering as area of approximately 7,340 acres located in Egypt. In addition, the company production and working interests in Cardium light oil and Mannville liquids-rich gas assets covering as area of 47,400 gross acres located near the north of Calgary, Alberta; and an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

EGY Stock Price History

EGY Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
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VAALCO Energy (NYSE:EGY) & EQT (NYSE:EQT) Head-To-Head Survey
Roth MKM Keeps Their Buy Rating on Vaalco Energy (EGY)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
7 Under-$20 Stock Picks That Need to Be on Your Radar
Vaalco Energy: One Time Gain And A Canadian Surprise
Roth MKM Reaffirms Their Buy Rating on Vaalco Energy (EGY)
See More Headlines
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Company Calendar

Ex-Dividend for 6/21 Dividend
5/16/2024
Dividend Payable
6/21/2024
Last Earnings
8/06/2024
Ex-Dividend for 9/20 Dividend
8/23/2024
Today
9/07/2024
Dividend Payable
9/20/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
91851C20
Employees
120
Year Founded
1985

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+46.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$60.35 million
Pretax Margin
37.51%

Debt

Sales & Book Value

Annual Sales
$455.07 million
Cash Flow
$1.64 per share
Book Value
$4.76 per share

Miscellaneous

Free Float
102,111,000
Market Cap
$568.50 million
Optionable
Optionable
Beta
1.18

Social Links

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Key Executives

  • Mr. George Walter-Mitchell Maxwell (Age 58)
    CEO & Director
    Comp: $1.15M
  • Mr. Ronald Y. Bain (Age 57)
    Chief Financial Officer
    Comp: $745.67k
  • Mr. Thor Pruckl (Age 62)
    Chief Operating Officer
    Comp: $1.12M
  • Mr. Matthew R. Powers (Age 48)
    Executive VP, General Counsel, Chief Compliance Officer & Corporate Secretary
    Comp: $624.42k
  • Ms. Julie J. Ray
    Vice President of Treasury
  • Ms. Lynn Willis (Age 59)
    Interim CAO & Controller
  • Al Petrie
    Investor Relations Coordinator

EGY Stock Analysis - Frequently Asked Questions

How have EGY shares performed this year?

VAALCO Energy's stock was trading at $4.49 on January 1st, 2024. Since then, EGY shares have increased by 22.0% and is now trading at $5.48.
View the best growth stocks for 2024 here
.

How were VAALCO Energy's earnings last quarter?

VAALCO Energy, Inc. (NYSE:EGY) issued its quarterly earnings results on Tuesday, August, 6th. The energy company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.09. The energy company had revenue of $116.78 million for the quarter, compared to analysts' expectations of $119.30 million. VAALCO Energy had a trailing twelve-month return on equity of 16.00% and a net margin of 17.82%.

What is Cary Bounds' approval rating as VAALCO Energy's CEO?

3 employees have rated VAALCO Energy Chief Executive Officer Cary Bounds on Glassdoor.com. Cary Bounds has an approval rating of 42% among the company's employees. This puts Cary Bounds in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are VAALCO Energy's major shareholders?

Top institutional shareholders of VAALCO Energy include American Century Companies Inc. (2.72%), Kornitzer Capital Management Inc. KS (2.34%), Renaissance Technologies LLC (2.24%) and Tieton Capital Management LLC (1.42%). Insiders that own company stock include Andrew Lawrence Fawthrop, George WM Maxwell, Thor Pruckl, Ronald Y Bain, Edward David Lafehr, Jason Doornik and Bradley Louis Radoff.
View institutional ownership trends
.

How do I buy shares of VAALCO Energy?

Shares of EGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of VAALCO Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that VAALCO Energy investors own include Abraxas Petroleum (AXAS), Seanergy Maritime (SHIP), Acasti Pharma (ACST), Micron Technology (MU), Atlantic Power (AT) and Palatin Technologies (PTN).

This page (NYSE:EGY) was last updated on 9/7/2024 by MarketBeat.com Staff

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