The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for VAALCO Energy Inc. (EGY) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $4.02. The VAALCO Energy Inc. has recorded 26,560 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted EnerCom Announces that Registration is Now Open for EnerCom Denver® – The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado.
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The company is listed on the NYSE and operates within the Oil & Gas E&P industry segment. At the end of the last regular session, the stock closed at $4.02 and fluctuated between $4.0700 as its day high and $3.9100 as its day low. The current market capitalization of VAALCO Energy Inc. is $432.51M. A total of 1.03 million shares were traded on the day, compared to an average of 1.67M shares.
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EGY has seen 0 BUY and 12 SELL insider trades, representing the acquisition of 0 and the disposition of 29,064 shares. Over the last 12 months, there were 17 BUYs and 20 SELLs from insiders. Insiders purchased 361,808 shares during that period but sold 194,194.
In the most recent transaction, Stubbs Catherine L bought 6,693 shares of EGY for 3.73 per share on May 16. After the transaction, the Director now owns 108,107 company shares. In a previous transaction on May 16, LaFehr Edward David bought 5,300 shares at 3.72 per share. EGY shares that Director owns now total 26,112.
Among the insiders who bought shares, Maxwell George W.M. acquired of 10,000 shares on May 15 at a per-share price of $3.70. This resulted in the Chief Executive Officer holding 143,840 shares of EGY after the transaction. In another insider transaction, FAWTHROP ANDREW LAWRENCE bought 5,464 shares at $3.67 per share on May 12. Company shares held by the Director now total 384,172.
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. VAALCO Energy Inc. pays an annual dividend of $0.25, resulting in a dividend yield of 6.22%, and it has a price to earnings (P/E) ratio of 5.35. EGY’s most recent ex-dividend date was 5/23/2023 when it declared a $0.0630 quarterly dividend that was paid in cash on 6/23/2023. Previously, the company paid the dividend on 3/31/2023 with an ex-dividend date of 3/23/2023. The EGY stock dividend was $0.0625 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EGY in the last 3 months, the mean price target is $9.22 with high estimates of $9.97 and low estimates of $8.40. In terms of 52-week highs and lows, EGY has a high of $8.77 and a low of $3.51.
As of this writing, EGY has an earnings estimate of $0.24 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.24 per share and a lower estimate of $0.24. The company reported an EPS of $0.17 in the last quarter, which was -41.40% lower than expectations of $0.29.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EGY’s latest balance sheet shows that the firm has $48.67M in Cash & Short Term Investments as of fiscal 2021. There were $10.23M in debt and $84.26M in liabilities at the time. Its Book Value Per Share was $4.59, while its Total Shareholder’s Equity was $144.30M.
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EGY is Buy with a score of 5.00.