Analysts Point To VAALCO Energy, Inc. (NYSE: EGY) Growth In The Future

After Hours

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. Recently, Yahoo Finance discussed the stock, revealing that VAALCO Energy, Inc. Announces Accretive All Cash Acquisition Expanding Its West African Footprint.

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Stocks Info

As a NYSE listed company, EGY falls under the Energy sector while operating within the Oil & Gas E&P industry segment. The current market capitalization of VAALCO Energy, Inc. is $466.91M. A total of 0.57 million shares were traded on the day, compared to an average of 713.27K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, EGY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 27 BUYs and 13 SELLs from insiders. Insiders purchased 1,061,851 shares during that period but sold 116,126.

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.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. VAALCO Energy, Inc. pays an annual dividend of $0.25, resulting in a dividend yield of 5.63%, and it has a price to earnings (P/E) ratio of 14.02. EGY’s most recent ex-dividend date was 3/7/2024 when it declared a $0.0630 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/21/2023 with an ex-dividend date of 11/22/2023. The EGY stock dividend was $0.0625 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, EGY has a high of $5.22 and a low of $3.51.

As of this writing, EGY has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.12 per share and a lower estimate of $0.12. The company reported an EPS of $0.11 in the last quarter, which was -21.40% lower than expectations of $0.14.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $4.20, while its Total Shareholder’s Equity was $144.30M.

Analysts Opinion

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. 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.

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