VAALCO Energy (NYSE:EGY - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Tuesday, May 7th. Analysts expect VAALCO Energy to post earnings of $0.02 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
VAALCO Energy (NYSE:EGY - Get Free Report) last posted its quarterly earnings data on Wednesday, March 13th. The energy company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.22. The firm had revenue of $149.15 million for the quarter, compared to the consensus estimate of $130.53 million. VAALCO Energy had a return on equity of 14.34% and a net margin of 13.26%.
VAALCO Energy Trading Down 3.9 %
NYSE EGY traded down $0.26 during trading on Tuesday, hitting $6.40. The stock had a trading volume of 1,200,266 shares, compared to its average volume of 1,062,417. The company has a quick ratio of 1.77, a current ratio of 1.79 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $660.93 million, a PE ratio of 11.43 and a beta of 1.29. The firm has a 50 day moving average price of $5.92 and a 200 day moving average price of $4.95. VAALCO Energy has a twelve month low of $3.51 and a twelve month high of $7.51.
VAALCO Energy Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were issued a $0.063 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.94%. This is a boost from VAALCO Energy's previous quarterly dividend of $0.06. VAALCO Energy's payout ratio is 44.64%.
Analyst Ratings Changes
Separately, StockNews.com cut shares of VAALCO Energy from a "strong-buy" rating to a "buy" rating in a research report on Friday.
View Our Latest Stock Analysis on VAALCO Energy
About VAALCO Energy
(
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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.
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