VAALCO Energy found using ticker (EGY) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘None’. The target price ranges between 9.87 and 7.59 with a mean TP of 8.73. Given that the stocks previous close was at 6.36 this now indicates there is a potential upside of 37.3%. The 50 day MA is 6.59 while the 200 day moving average is 4.36. The market capitalisation for the company is $385m. Company Website: https://www.vaalco.com
The potential market cap would be $529m 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.
