Insider Selling: Vaalco Energy EVP Sells 26,275 Shares of Stock (EGY)
Vaalco Energy (NYSE:EGY) EVP Gayla M. Cutrer sold 26,275 shares of the stock on the open market in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $8.04, for a total value of $211,251.00. Following the completion of the transaction, the executive vice president now directly owns 22,868 shares in the company, valued at approximately $183,859. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Vaalco Energy (NYSE:EGY) traded up 5.50% on Thursday, hitting $8.25. The stock had a trading volume of 1,486,061 shares. Vaalco Energy has a 1-year low of $5.03 and a 1-year high of $9.32. The stock’s 50-day moving average is $7.27 and its 200-day moving average is $7.2. The company has a market cap of $469.9 million and a P/E ratio of 9.62.
Vaalco Energy (NYSE:EGY) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.13. The company had revenue of $52.10 million for the quarter. The company’s quarterly revenue was up 79.0% on a year-over-year basis. On average, analysts predict that Vaalco Energy will post $0.73 earnings per share for the current fiscal year.
VAALCO Energy, Inc (NYSE:EGY) is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
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