VAALCO Energy, Inc. which can be found using ticker (EGY) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Strong_Buy’. The target price High/Low ranges between 10.03 and 7.17 and has a mean target at $8.37. Given that the stocks previous close was at $4.44 this is indicating there is a potential upside of 88.5%. Also worth taking note is the 50 day moving average now sits at $4.57 while the 200 day moving average is $4.98. The company has a market capitalization of $455m. Find out more information at: https://www.vaalco.com
The potential market cap would be $859m based on the market consensus.
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids. 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. The company was incorporated in 1985 and is headquartered in Houston, Texas.
The company has a dividend yield of 5.07% with the ex dividend date set at 23-3-2023 (DMY).
