VAALCO Energy (EGY) Projected to Post Earnings on Thursday

VAALCO Energy (NYSE:EGY - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect VAALCO Energy to post earnings of $0.08 per share and revenue of $99.30 million for the quarter.

VAALCO Energy (NYSE:EGY - Get Free Report) last released its quarterly earnings results on Thursday, March 13th. The energy company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. The company had revenue of $121.72 million for the quarter, compared to analyst estimates of $108.91 million. VAALCO Energy had a net margin of 17.93% and a return on equity of 15.63%. On average, analysts expect VAALCO Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

VAALCO Energy Price Performance

Shares of EGY stock traded down $0.01 on Friday, reaching $3.38. 785,134 shares of the company were exchanged, compared to its average volume of 946,558. VAALCO Energy has a 1 year low of $3.00 and a 1 year high of $7.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.32 and a current ratio of 1.34. The business has a 50-day moving average price of $3.64 and a 200 day moving average price of $4.38. The company has a market cap of $354.64 million, a price-to-earnings ratio of 3.97 and a beta of 0.75.

VAALCO Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were given a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend was Friday, February 28th. VAALCO Energy's dividend payout ratio (DPR) is 45.45%.

Insider Activity

In other news, COO Thor Pruckl sold 10,169 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $3.95, for a total transaction of $40,167.55. Following the completion of the transaction, the chief operating officer now directly owns 174,992 shares in the company, valued at $691,218.40. This trade represents a 5.49 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 1.30% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of VAALCO Energy from a "buy" rating to a "hold" rating in a research report on Tuesday, April 8th.

About VAALCO Energy

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.