VAALCO Energy – Consensus Indicates Potential 82.1% Upside

Broker Ratings
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VAALCO Energy with ticker code (EGY) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘None’. The range between the high target price and low target price is between 10 and 7.3 calculating the average target price we see 8.65. Now with the previous closing price of 4.75 this would indicate that there is a potential upside of 82.1%. The day 50 moving average is 4.73 while the 200 day moving average is 5.6. The company has a market capitalisation of $494m. Company Website: https://www.vaalco.com

The potential market cap would be $900m 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.

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