15.3 C
New York
Friday, September 29, 2023

The Question Is Whether To Buy Or Not To Buy VAALCO Energy Inc. (NYSE: EGY)

After Hours

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 broken, with the stock’s consolidated last price falling by -$0.03, or -0.70%, to $4.26. The VAALCO Energy Inc. has recorded 11,739 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that VAALCO Energy, Inc. Provides Update on Operations in Gabon.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


Stocks Info

VAALCO Energy Inc. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas E&P industry. At the end of the last regular session, the stock closed at $4.29 and fluctuated between $4.3900 as its day high and $4.2300 as its day low. The current market capitalization of VAALCO Energy Inc. is $461.00M. A total of 0.77 million shares were traded on the day, compared to an average of 1.07M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, EGY has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 13,502 shares. Over the last 12 months, there were 37 BUYs and 24 SELLs from insiders. Insiders purchased 1,374,972 shares during that period but sold 285,118.

In the most recent transaction, Maxwell George W.M. bought 5,000 shares of EGY for 4.11 per share on Aug 31. After the transaction, the Chief Executive Officer now owns 247,289 company shares. In a previous transaction on Aug 31, FAWTHROP ANDREW LAWRENCE bought 4,000 shares at 4.11 per share. EGY shares that Director owns now total 408,458.

Among the insiders who bought shares, Bain Ronald Y acquired of 5,000 shares on May 25 at a per-share price of $3.95. This resulted in the Chief Financial Officer holding 26,244 shares of EGY after the transaction. In another insider transaction, Stubbs Catherine L bought 6,693 shares at $3.73 per share on May 16. Company shares held by the Director now total 108,107.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. VAALCO Energy Inc. pays an annual dividend of $0.25, resulting in a dividend yield of 5.83%, and it has a price to earnings (P/E) ratio of 11.14. EGY’s most recent ex-dividend date was 8/24/2023 when it declared a $0.0630 quarterly dividend that was paid in cash on 9/22/2023. Previously, the company paid the dividend on 6/23/2023 with an ex-dividend date of 5/23/2023. The EGY stock dividend was $0.0630 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for EGY in the last 3 months, the mean price target is $8.12 with high estimates of $9.00 and low estimates of $7.23. In terms of 52-week highs and lows, EGY has a high of $5.87 and a low of $3.51.

As of this writing, EGY has an earnings estimate of $0.14 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.14 per share and a lower estimate of $0.14. The company reported an EPS of $0.07 in the last quarter, which was -58.80% lower than expectations of $0.17.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. 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 $4.23, while its Total Shareholder’s Equity was $144.30M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles