VAALCO Energy with ticker code (EGY) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘None’. The target price ranges between 9.7 and 7.46 with the average target price sitting at 8.58. Given that the stocks previous close was at 6.94 this would indicate that there is a potential upside of 23.6%. The 50 day moving average now sits at 7.11 and the 200 day moving average is 5.08. The market cap for the company is $405m. Visit the company website at: https://www.vaalco.com
The potential market cap would be $501m based on the market concensus.
VAALCO Energy, 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 in the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy was incorporated in 1985 and is headquartered in Houston, Texas.
