VAALCO Energy (EGY) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VAALCO Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EGY shares.
View EGY analyst ratings or view top-rated stocks.

VAALCO Energy's stock was trading at $4.56 on January 1st, 2023. Since then, EGY stock has decreased by 10.9% and is now trading at $4.0650.
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VAALCO Energy saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,020,000 shares, an increase of 9.1% from the April 30th total of 4,600,000 shares. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is currently 3.0 days.
View VAALCO Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our EGY earnings forecast.

VAALCO Energy, Inc. (NYSE:EGY) issued its earnings results on Thursday, April, 6th. The energy company reported $0.19 EPS for the quarter. The energy company earned $96.59 million during the quarter. VAALCO Energy had a net margin of 11.80% and a trailing twelve-month return on equity of 28.65%.

VAALCO Energy announced a quarterly dividend on Tuesday, May 9th. Shareholders of record on Wednesday, May 24th will be paid a dividend of $0.063 per share on Friday, June 23rd. This represents a $0.25 annualized dividend and a yield of 6.20%. The ex-dividend date is Tuesday, May 23rd. This is a positive change from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for EGY.

ETFs with the largest weight of VAALCO Energy (NYSE:EGY) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH), Fidelity MSCI Energy Index ETF (FENY).iShares MSCI Global Energy Producers ETF (FILL).

VAALCO Energy (NYSE:EGY) pays an annual dividend of $0.25 per share and currently has a dividend yield of 6.48%. EGY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for EGY.

VAALCO Energy issued an update on its fourth quarter 2022 earnings guidance on Friday, March, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $96.60 million-$96.60 million.

3 employees have rated VAALCO Energy Chief Executive Officer Cary Bounds on Glassdoor.com. Cary Bounds has an approval rating of 42% among the company's employees. This puts Cary Bounds in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other VAALCO Energy investors own include Abraxas Petroleum (AXAS), Seanergy Maritime (SHIP), Acasti Pharma (ACST), Micron Technology (MU), Atlantic Power (AT), Palatin Technologies (PTN), CTI BioPharma (CTIC), Nevsun Resources (NSU) and Pulmatrix (PULM).

VAALCO Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "EGY."

VAALCO Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include State Street Corp (3.89%), Renaissance Technologies LLC (2.36%), First Sabrepoint Capital Management LP (2.20%), Geode Capital Management LLC (1.86%), Kornitzer Capital Management Inc. KS (1.69%) and Foundry Partners LLC (1.56%). Insiders that own company stock include Andrew Lawrence Fawthrop, Bradley Louis Radoff, Edward David Lafehr, George WM Maxwell, Jason Doornik, Ronald Y Bain and Thor Pruckl.
View institutional ownership trends.

Shares of EGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EGY stock can currently be purchased for approximately $4.07.

VAALCO Energy (NYSE:EGY) has a market capitalization of $434.02 million and generates $354.33 million in revenue each year. The energy company earns $51.89 million in net income (profit) each year or $0.56 on an earnings per share basis.

The company employs 117 workers across the globe.

VAALCO Energy's mailing address is 9800 Richmond Avenue Suite 700, Houston TX, 77042. The official website for the company is www.vaalco.com. The energy company can be reached via phone at (713) 623-0801, via email at ir@vaalco.com, or via fax at 713-623-0982.