NYSE:EGY

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Executive Summary

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


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has VAALCO Energy's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EGY is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: EGY's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

24.4%

EGY

10.7%

US Oil and Gas

2.8%

US Market


1 Year Return

-5.1%

EGY

-31.1%

US Oil and Gas

19.7%

US Market

Return vs Industry: EGY exceeded the US Oil and Gas industry which returned -29.6% over the past year.

Return vs Market: EGY underperformed the US Market which returned 20.4% over the past year.


Shareholder returns

EGYIndustryMarket
7 Day24.4%10.7%2.8%
30 Day75.6%27.9%8.0%
90 Day55.6%10.1%6.8%
1 Year-5.1%-5.1%-26.5%-31.1%22.4%19.7%
3 Year128.6%128.6%-31.4%-40.8%47.3%37.5%
5 Year-11.1%-11.1%-23.6%-38.8%93.6%72.3%

Long-Term Price Volatility Vs. Market

How volatile is VAALCO Energy's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is VAALCO Energy undervalued compared to its fair value and its price relative to the market?

1.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EGY ($1.68) is trading above our estimate of fair value ($0.08)

Significantly Below Fair Value: EGY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EGY is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: EGY is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EGY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EGY is overvalued based on its PB Ratio (1.5x) compared to the US Oil and Gas industry average (1x).


Next Steps

Future Growth

How is VAALCO Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-9.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EGY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EGY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EGY's is expected to become profitable in the next 3 years.

Revenue vs Market: EGY's revenue is expected to decline over the next 3 years (-9.1% per year).

High Growth Revenue: EGY's revenue is forecast to decline over the next 3 years (-9.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EGY's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has VAALCO Energy performed over the past 5 years?

42.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EGY is currently unprofitable.

Growing Profit Margin: EGY is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EGY is unprofitable, but has reduced losses over the past 5 years at a rate of 42.9% per year.

Accelerating Growth: Unable to compare EGY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EGY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).


Return on Equity

High ROE: EGY has a negative Return on Equity (-67.25%), as it is currently unprofitable.


Next Steps

Financial Health

How is VAALCO Energy's financial position?


Financial Position Analysis

Short Term Liabilities: EGY's short term assets ($54.4M) exceed its short term liabilities ($37.8M).

Long Term Liabilities: EGY's short term assets ($54.4M) exceed its long term liabilities ($32.9M).


Debt to Equity History and Analysis

Debt Level: EGY is debt free.

Reducing Debt: EGY has no debt compared to 5 years ago when its debt to equity ratio was 14.4%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if EGY has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EGY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is VAALCO Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EGY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EGY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EGY's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EGY's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EGY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Cary Bounds (53 yo)

3.92yrs

Tenure

US$1,543,102

Compensation

Mr. Cary M. Bounds has been Chief Executive Officer of VAALCO Energy, Inc. since December 29, 2016. Mr. Bounds served as Interim Chief Executive Officer of Vaalco Energy Inc. from September 1, 2016 to Dece...


CEO Compensation Analysis

Compensation vs Market: Cary's total compensation ($USD1.54M) is above average for companies of similar size in the US market ($USD561.41K).

Compensation vs Earnings: Cary's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Cary Bounds
CEO & Director3.92yrsUS$1.54m1.31%
$ 1.2m
Elizabeth Prochnow
Chief Financial Officer1.58yrsUS$455.12k0.35%
$ 324.3k
Jason Doornik
Chief Accounting Officer & Controller1.42yrsUS$252.18k0.069%
$ 64.2k
Michael Silver
Executive VPno dataUS$425.37k0.13%
$ 119.2k
David DesAutels
Executive Vice President of Corporate Development1.83yrsUS$592.54k0.25%
$ 237.1k
Thor Pruckl
Executive Vice President of International Operations1.83yrsno datano data
Julie Ray
Vice President of Treasury3.33yrsno datano data
Al Petrie
Investor Relations Coordinatorno datano datano data

1.8yrs

Average Tenure

56yo

Average Age

Experienced Management: EGY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Cary Bounds
CEO & Director3.92yrsUS$1.54m1.31%
$ 1.2m
Robert Gerry
Chairman Emeritus6.42yrsUS$551.90kno data
Andrew Fawthrop
Independent Chairman of the Board4.92yrsUS$205.65k0.46%
$ 428.1k
Bradley Radoff
Independent Director0.42yrno data2.46%
$ 2.3m
Catherine Stubbs
Independent Director0.42yrno data0.11%
$ 106.0k
George Walter Maxwell
Independent Director0.42yrno data0.11%
$ 106.0k

2.2yrs

Average Tenure

53.5yo

Average Age

Experienced Board: EGY's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

VAALCO Energy, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VAALCO Energy, Inc.
  • Ticker: EGY
  • Exchange: NYSE
  • Founded: 1985
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$93.654m
  • Shares outstanding: 57.46m
  • Website: https://www.vaalco.com

Number of Employees


Location

  • VAALCO Energy, Inc.
  • 9800 Richmond Avenue
  • Suite 700
  • Houston
  • Texas
  • 77042
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGYNYSE (New York Stock Exchange)YesCommon StockUSUSDApr 1998
VAWDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1998
EGYLSE (London Stock Exchange)YesCommon StockGBGBPApr 1998

Biography

VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 23:40
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.