Vaalco Energy EVP Sells $703,034 in Stock (EGY)
Vaalco Energy (NYSE:EGY) EVP Gayla M. Cutrer unloaded 87,225 shares of Vaalco Energy stock on the open market in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $8.06, for a total value of $703,033.50. Following the completion of the transaction, the executive vice president now directly owns 22,868 shares of the company’s stock, valued at approximately $184,316. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Vaalco Energy (NYSE:EGY) traded up 1.16% on Monday, hitting $8.70. The stock had a trading volume of 1,243,160 shares. Vaalco Energy has a 1-year low of $5.03 and a 1-year high of $9.32. The stock has a 50-day moving average of $7.32 and a 200-day moving average of $7.27. The company has a market cap of $495.5 million and a P/E ratio of 10.58.
Vaalco Energy (NYSE:EGY) last released its earnings data on Wednesday, August 6th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.13. The company had revenue of $52.10 million for the quarter. The company’s revenue for the quarter 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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