VAALCO Energy, Inc. (EGY)

NYSE: EGY · IEX Real-Time Price · USD
7.28
+0.08 (1.11%)
Jul 26, 2024, 4:00 PM EDT - Market closed
1.11%
Market Cap 753.16M
Revenue (ttm) 474.82M
Net Income (ttm) 64.57M
Shares Out 103.46M
EPS (ttm) 0.60
PE Ratio 12.13
Forward PE 13.60
Dividend $0.25 (3.43%)
Ex-Dividend Date May 16, 2024
Volume 1,031,352
Open 7.25
Previous Close 7.20
Day's Range 7.18 - 7.35
52-Week Range 3.80 - 7.51
Beta 1.19
Analysts Strong Buy
Price Target 8.00 (+9.89%)
Earnings Date Aug 6, 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... [Read more]

Sector Energy
Founded 1985
Employees 189
Stock Exchange NYSE
Ticker Symbol EGY
Full Company Profile

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%.

Financial Statements

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
(9.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Top 3 Energy Stocks That May Implode This Quarter

As of July 26, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: NBROII
13 hours ago - Benzinga

VAALCO Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

HOUSTON, July 26, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced the timing of its second quarter 2024 earnings release and conference c...

18 hours ago - GlobeNewsWire

CORRECTION – VAALCO Energy, Inc. Provides Positive Additional Information Regarding Its Acquisition Of Svenska

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline today at 2:00 AM ET by VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY), please note that, in the second-to-last paragra...

10 days ago - GlobeNewsWire

VAALCO Energy, Inc. Provides Positive Additional Information Regarding Its Acquisition Of Svenska

HOUSTON, July 16, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announces that it has filed a Form 8-K/A with the Securities and Exchange Commiss...

10 days ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Participation in Water Tower Research Fireside Chat On June 4, 2024

HOUSTON, June 03, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (...

7 weeks ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Successful Drilling Campaign Results in Canada

HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has drilled, completed and brought onto production four wells in...

2 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces First Quarter 2024 Results

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the first quarter of 2024.

2 months ago - GlobeNewsWire

VAALCO Energy, Inc. Declares Quarterly Dividend

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) declared its quarterly cash dividend of $0.0625 per share of common stock for the second...

2 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Closing of Accretive All Cash Svenska Acquisition

HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has closed the acquisition of Svenska Petroleum Exploration AB...

3 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Publication Of 2023 Sustainability Report

HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Group”) today announced that it has issued its 2023 Sustainability Report, which is now availabl...

3 months ago - GlobeNewsWire

VAALCO Schedules First Quarter 2024 Earnings Release and Conference Call

HOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced the timing of its first quarter 2024 earnings release and conference c...

3 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Finalization of Agreements in Equatorial Guinea

HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that all partners have signed the final documents and the Government o...

4 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

VAALCO Reports Record Financial Results and Shareholder Returns Following Year of Expansion VAALCO Reports Record Financial Results and Shareholder Returns Following Year of Expansion

4 months ago - GlobeNewsWire

VAALCO Announces Participation in 36th Annual Roth Conference

HOUSTON, March 12, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that the Company is scheduled to participate in the 36th Annual Roth C...

4 months ago - GlobeNewsWire

VAALCO Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

HOUSTON, March 04, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced the timing of its fourth quarter and full year 2023 earnings release a...

5 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Accretive All Cash Acquisition Expanding Its West African Footprint

HOUSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has entered into a sales and purchase agreement (“SPA”) to acqu...

5 months ago - GlobeNewsWire

VAALCO Response to Media Speculation

HOUSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") notes the recent media speculation in Africa Intelligence and...

5 months ago - GlobeNewsWire

VAALCO Energy, Inc. Provides Operational and Financial Update Including Production and Sales Volumes for Fourth Quarter 2024

HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today provided an operational and financial update with production and sales volumes fo...

6 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Third Quarter 2023 Results

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the third quarter of 2023.

9 months ago - GlobeNewsWire

STEP Energy Services Ltd. Announces Appointment of New Independent Director Edward Lafehr and Retirement of Jason Skehar

CALGARY, Alberta, Nov. 01, 2023 (GLOBE NEWSWIRE) -- STEP Energy Services Ltd. (“STEP”) is pleased to announce the appointment of Mr. Edward LaFehr as an independent director of STEP's board of directo...

9 months ago - GlobeNewsWire

VAALCO Schedules Third Quarter 2023 Earnings Release and Conference Call

HOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced the timing of its third quarter 2023 earnings release and conference ca...

9 months ago - GlobeNewsWire

VAALCO Energy, Inc. Provides Operational and Financial Update Including Production and Sales Volumes for Third Quarter 2023

HOUSTON, Oct. 16, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today provided an operational and financial update, including production and sales volu...

10 months ago - GlobeNewsWire

VAALCO Energy, Inc. Provides Update on Operations in Gabon

HOUSTON, Aug. 30, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today provided an update on operations in offshore Gabon.

11 months ago - GlobeNewsWire

VAALCO Energy, Inc. Announces Second Quarter 2023 Results

~Strong Production in All Operating Areas Leads to 7% Increase in Full Year Production Guidance and Increased Drilling Efficiencies in Egypt and Canada Contribute to $10 million Reduction in 2023 Capi...

1 year ago - GlobeNewsWire

VAALCO Energy, Inc. Declares Quarterly Dividend and Announces Participation in Upcoming Energy Investor Conferences

HOUSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) declared its quarterly cash dividend of $0.0625 per share of common stock for the secon...

1 year ago - GlobeNewsWire