VAALCO Energy, Inc. (NYSE:EGY) CFO Elizabeth D. Prochnow acquired 8,600 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The stock was purchased at an average price of $1.70 per share, with a total value of $14,620.00. Following the completion of the acquisition, the chief financial officer now directly owns 19,330 shares of the company’s stock, valued at $32,861. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of EGY stock traded down $0.05 on Friday, hitting $1.76. The stock had a trading volume of 8,650 shares, compared to its average volume of 472,011. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.43 and a quick ratio of 1.41. The company has a market capitalization of $104.05 million, a P/E ratio of 2.45 and a beta of 1.11. VAALCO Energy, Inc. has a one year low of $1.22 and a one year high of $3.38.
VAALCO Energy (NYSE:EGY) last released its quarterly earnings data on Wednesday, March 6th. The energy company reported $0.32 earnings per share for the quarter. The firm had revenue of $27.61 million during the quarter. VAALCO Energy had a return on equity of 49.61% and a net margin of 98.98%.
Several hedge funds have recently added to or reduced their stakes in EGY. Dimensional Fund Advisors LP raised its holdings in shares of VAALCO Energy by 207.6% in the third quarter. Dimensional Fund Advisors LP now owns 700,685 shares of the energy company’s stock valued at $1,913,000 after acquiring an additional 472,881 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of VAALCO Energy by 13.3% in the third quarter. Vanguard Group Inc. now owns 2,326,099 shares of the energy company’s stock valued at $6,350,000 after acquiring an additional 272,766 shares in the last quarter. Vanguard Group Inc raised its holdings in shares of VAALCO Energy by 13.3% in the third quarter. Vanguard Group Inc now owns 2,326,099 shares of the energy company’s stock valued at $6,350,000 after acquiring an additional 272,766 shares in the last quarter. Virtu Financial LLC bought a new stake in shares of VAALCO Energy in the fourth quarter valued at about $28,000. Finally, Algert Global LLC raised its holdings in shares of VAALCO Energy by 172.0% in the fourth quarter. Algert Global LLC now owns 105,032 shares of the energy company’s stock valued at $154,000 after acquiring an additional 66,412 shares in the last quarter. Hedge funds and other institutional investors own 43.54% of the company’s stock.
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VAALCO Energy Company Profile
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 block located offshore the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa.
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