VAALCO Energy (NYSE:EGY) - Stock Price, News & Analysis

EGY Stock Overview

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids.

About the company

EGY fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	6/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (14.3x) is below the US market (16.2x)

Earnings are forecast to grow 46.36% per year

Analysts in good agreement that stock price will rise by 85.7%

Risk Analysis

Unstable dividend track record

Profit margins (8.4%) are lower than last year (21.5%)

VAALCO Energy, Inc. Competitors

Riley Exploration Permian

NYSEAM:REPX

US$524.7m

TXO Partners

NYSE:TXO

US$557.2m

Permian Basin Royalty Trust

NYSE:PBT

US$793.3m

W&T Offshore

NYSE:WTI

US$485.2m

Price History & Performance

Summary of all time highs, changes and price drops for VAALCO Energy
Historical stock prices
Current Share Price	US$4.63
52 Week High	US$5.59
52 Week Low	US$3.51
Beta	1.38
1 Month Change	3.35%
3 Month Change	5.23%
1 Year Change	-8.86%
3 Year Change	198.71%
5 Year Change	198.71%
Change since IPO	76.38%

Vaalco Energy: Doubling Down On Acquisition

Oct 12

Recent updates

Vaalco Energy: Strong Balance Sheet, An Earnings Recovery Likely, Key Support In Play

Jul 26

Earnings Miss: VAALCO Energy, Inc. Missed EPS By 82% And Analysts Are Revising Their Forecasts

May 13

One VAALCO Energy, Inc. (NYSE:EGY) Analyst Just Slashed Their 2023 Revenue Estimates

Apr 19

Vaalco Energy: Hold On, The Industry Is Reshaping

Feb 03

Vaalco Energy: A New Company Is Born

Nov 10

VAALCO Energy declares $0.0325 dividend

Oct 31

Vaalco Energy: Equatorial Guinea Is A Go

Sep 27

With EPS Growth And More, VAALCO Energy (NYSE:EGY) Makes An Interesting Case

Sep 24

VAALCO Energy: Deep Value Earns Strongest Buy Recommendation In Energy Sector

Sep 16

VAALCO Energy: Excellent Quarter

Aug 22

VAALCO Energy declares $0.0325 dividend

Aug 08

VAALCO Energy: The Merger News Wiped Out $50 Million

Jul 29

Merger Time: Vaalco Buys TransGlobe Energy

Jul 15

VAALCO Energy (NYSE:EGY) Is Reinvesting At Lower Rates Of Return

Jun 22

Vaalco: Oil Play, Priced At Less Than 3x Free Cash Flow

Jun 21

Drill Baby Drill: Vaalco Energy

Jun 04

Vaalco Energy: A Promising Start For 2022

May 05

Vaalco Energy: Fourth Quarter 2021 Results Analysis

Mar 11

Shareholder Returns

	EGY	US Oil and Gas	US Market
7D	1.8%	-0.06%	0.9%
1Y	-8.9%	-2.5%	13.6%

Return vs Industry: EGY underperformed the US Oil and Gas industry which returned -4.6% over the past year.

Return vs Market: EGY underperformed the US Market which returned 11.7% over the past year.

Price Volatility

Is EGY's price volatile compared to industry and market?
EGY volatility
EGY Average Weekly Movement	6.0%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	2.9%

Stable Share Price: EGY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EGY's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	185	George Maxwell	https://www.vaalco.com

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa.

VAALCO Energy, Inc. Fundamentals Summary

How do VAALCO Energy's earnings and revenue compare to its market cap?
EGY fundamental statistics
Market Cap	US$488.02m
Earnings (TTM)	US$33.89m
Revenue (TTM)	US$402.50m

14.3x

P/E Ratio

1.2x

P/S Ratio

Is EGY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGY income statement (TTM)
Revenue	US$402.50m
Cost of Revenue	US$157.72m
Gross Profit	US$244.78m
Other Expenses	US$210.89m
Earnings	US$33.89m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.32
Gross Margin	60.81%
Net Profit Margin	8.42%
Debt/Equity Ratio	0%

How did EGY perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

69%

Payout Ratio

EGY Stock Overview

Rewards

Risk Analysis

VAALCO Energy, Inc. Competitors

NYSEAM:REPX

US$524.7m

NYSE:TXO

US$557.2m

NYSE:PBT

US$793.3m

NYSE:WTI

US$485.2m

Price History & Performance

Recent News & Updates

Upcoming dividend of US$0.063 per share at 6.0% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

VAALCO Energy, Inc. Provides Consolidated Production and Sales Guidance for the Fourth Quarter and Full Year 2023

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on December 21, 2023

VAALCO Energy, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Vaalco Energy: Doubling Down On Acquisition

Recent updates

Upcoming dividend of US$0.063 per share at 6.0% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

VAALCO Energy, Inc. Provides Consolidated Production and Sales Guidance for the Fourth Quarter and Full Year 2023

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on December 21, 2023

VAALCO Energy, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Vaalco Energy: Doubling Down On Acquisition

Consensus EPS estimates increase by 13%

Capital Allocation Trends At VAALCO Energy (NYSE:EGY) Aren't Ideal

Consensus EPS estimates fall by 13%, revenue upgraded

A Look At The Fair Value Of VAALCO Energy, Inc. (NYSE:EGY)

Vaalco Energy: The Stock Is Not Responding To The Company's Increase In Size

Upcoming dividend of US$0.063 per share at 5.3% yield

Vaalco Energy: Steadier Growth Ahead

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Third Quarter of Fiscal 2023

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on September 22, 2023

Price target decreased by 9.2% to US$8.40

Vaalco Energy: Strong Balance Sheet, An Earnings Recovery Likely, Key Support In Play

VAALCO Energy, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Independent Director exercised options and sold US$141k worth of stock

Consensus EPS estimates fall by 19%, revenue upgraded

Consensus EPS estimates fall by 16%, revenue upgraded

Upcoming dividend of US$0.063 per share at 6.7% yield

Earnings Miss: VAALCO Energy, Inc. Missed EPS By 82% And Analysts Are Revising Their Forecasts

Independent Chairman of the Board exercised options and sold US$57k worth of stock

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Second Quarter and Full Year of Fiscal 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

VAALCO Energy, Inc. Declares Quarterly Dividend for the Second Quarter of 2023, Payable on June 23, 2023

VAALCO Energy, Inc. to Report Q1, 2023 Results on May 09, 2023

One VAALCO Energy, Inc. (NYSE:EGY) Analyst Just Slashed Their 2023 Revenue Estimates

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.5% to US$9.25

Upcoming dividend of US$0.063 per share at 6.1% yield

Investor sentiment improves as stock rises 15%

VAALCO Energy, Inc. Increases Cash Dividend for the First Quarter of 2023, Payable on March 31, 2023

Vaalco Energy: Hold On, The Industry Is Reshaping

VAALCO Energy, Inc. Provides an Operational Update Including Additional Information on the North Tchibala 2H-ST well

Investor sentiment deteriorated over the past week

Consensus forecasts updated

CEO & Director recently bought US$111k worth of stock

Price target increased to US$10.00

Less than half of directors are independent

VAALCO Energy, Inc. Announces the Promotion of Thor Pruckl to Chief Operating Officer

VAALCO Energy, Inc. Provides Production Guidance for Fourth Quarter 2022

Vaalco Energy: A New Company Is Born

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy, Inc. to Report Q3, 2022 Results on Nov 08, 2022

VAALCO Energy Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on December 22, 2022

VAALCO Energy declares $0.0325 dividend

Consensus forecasts updated

Matthew Powers Joins VAALCO Energy, Inc. as Executive Vice President and General Counsel

Less than half of directors are independent

VAALCO Energy, Inc. Announces Board Appointments

VAALCO Energy Announces Successful Drilling of North Tchibala 2H-ST Well and Provides Operational Update on FSO and Field Reconfiguration at Etame

Vaalco Energy: Equatorial Guinea Is A Go

VAALCO Energy, Inc. Announces Approval of Plan of Development for Discovery on Block P in Equatorial Guinea

Investor sentiment deteriorated over the past week

VAALCO Energy Announces Approval of Plan of Development for Discovery on Block P in Equatorial Guinea

With EPS Growth And More, VAALCO Energy (NYSE:EGY) Makes An Interesting Case