VAALCO Energy, Inc. – Consensus Indicates Potential 78.7% Upside

Broker Ratings
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VAALCO Energy, Inc. with ticker code (EGY) have now 3 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 9.84 and 7.04 and has a mean target at 8.22. Now with the previous closing price of 4.6 this would imply there is a potential upside of 78.7%. The day 50 moving average is 4.64 and the 200 moving average now moves to 5.31. The market cap for the company is $481m. Company Website: https://www.vaalco.com

The potential market cap would be $860m based on the market concensus.

VAALCO Energy, Inc., 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, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

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