VAALCO Energy, Inc. (EGY)

Market Cap	561.25M
Revenue (ttm)	506.42M
Net Income (ttm)	89.82M
Shares Out	103.74M
EPS (ttm)	0.86
PE Ratio	6.27
Forward PE	14.62
Dividend	$0.25 (4.62%)
Ex-Dividend Date	Nov 22, 2024

Volume	1,356,212
Open	5.34
Previous Close	5.35
Day's Range	5.24 - 5.41
52-Week Range	4.03 - 7.51
Beta	1.19
Analysts	Strong Buy
Price Target	8.00 (+47.87%)
Earnings Date	Nov 11, 2024

About 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 me...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 1985
• Employees: 189
• Stock Exchange: NYSE
• Ticker Symbol: EGY
• Website: https://www.vaalco.com

Financial Performance

In 2023, VAALCO Energy's revenue was $455.07 million, an increase of 28.43% compared to the previous year's $354.33 million. Earnings were $59.72 million, an increase of 16.42%.

Analyst Forecast

According to one analyst, the rating for EGY stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target

$8.0

(47.87% upside)

Analyst Consensus: Strong Buy