2 weeks Ago By Defense World Staff
Russell Investments Group Ltd. lessened its position in VAALCO Energy, Inc. ( NYSE:EGY – Free Report ) by 7.
2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 329,993 shares of the energy company’s stock after selling 25,759 shares during the period. Russell Investments Group Ltd.
owned approximately 0.31% of VAALCO Energy worth $1,442,000 at the end of the most recent reporting period. Several other hedge funds have also recently bought and sold shares of EGY.
Barclays PLC increased its holdings in shares of VAALCO Energy by 319.0% during the third quarter. Barclays PLC now owns 160,736 shares of the energy company’s stock valued at $923,000 after purchasing an additional 122,373 shares during the period.
JPMorgan Chase & Co. raised its position in shares of VAALCO Energy by 172.0% during the 3rd quarter.
JPMorgan Chase & Co. now owns 152,798 shares of the energy company’s stock worth $877,000 after buying an additional 96,627 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of VAALCO Energy in the 4th quarter worth approximately $349,000.
Tieton Capital Management LLC boosted its holdings in shares of VAALCO Energy by 23.0% in the fourth quarter. Tieton Capital Management LLC now owns 1,805,053 shares of the energy company’s stock valued at $7,888,000 after acquiring an additional 337,644 shares in the last quarter.
Finally, State Street Corp increased its stake in shares of VAALCO Energy by 4.3% during the third quarter. State Street Corp now owns 4,285,378 shares of the energy company’s stock valued at $24,598,000 after acquiring an additional 176,259 shares during the period.
50.32% of the stock is currently owned by institutional investors. Analyst Upgrades and Downgrades Separately, StockNews.
com downgraded VAALCO Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, April 8th. VAALCO Energy Trading Up 3.1 % VAALCO Energy stock opened at $3.
49 on Monday. The company has a 50 day moving average price of $3.83 and a 200 day moving average price of $4.
57. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.
32 and a current ratio of 1.34. VAALCO Energy, Inc.
has a 52 week low of $3.00 and a 52 week high of $7.43.
The firm has a market capitalization of $361.54 million, a price-to-earnings ratio of 4.10 and a beta of 0.
75. VAALCO Energy ( NYSE:EGY – Get Free Report ) last posted its quarterly earnings results on Thursday, March 13th. The energy company reported $0.
07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02.
VAALCO Energy had a net margin of 17.93% and a return on equity of 15.63%.
The business had revenue of $121.72 million during the quarter, compared to analysts’ expectations of $108.91 million.
Research analysts forecast that VAALCO Energy, Inc. will post 0.43 EPS for the current year.
VAALCO Energy Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a dividend of $0.0625 per share.
This represents a $0.25 annualized dividend and a yield of 7.17%.
The ex-dividend date was Friday, February 28th. VAALCO Energy’s payout ratio is 45.45%.
Insider Buying and Selling at VAALCO Energy In related news, COO Thor Pruckl sold 10,169 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $3.95, for a total transaction of $40,167.
55. Following the completion of the transaction, the chief operating officer now owns 174,992 shares of the company’s stock, valued at approximately $691,218.40.
The trade was a 5.49 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink .
Corporate insiders own 1.30% of the company’s stock. VAALCO Energy Profile ( Free Report ) VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada.
The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa. Recommended Stories Five stocks we like better than VAALCO Energy Find and Profitably Trade Stocks at 52-Week Lows With a 60%+ Upside, There’s Plenty to Love About Lovesac REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today J.
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