Insider Selling: John J. Myers, Jr. Unloads 82,900 Shares of Vaalco Energy Stock (EGY)
Vaalco Energy (NYSE:EGY) Director John J. Myers, Jr. sold 82,900 shares of Vaalco Energy stock on the open market in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $8.63, for a total value of $715,427.00. Following the transaction, the director now directly owns 85,000 shares in the company, valued at approximately $733,550. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Vaalco Energy (NYSE:EGY) traded up 0.57% on Tuesday, hitting $8.75. The stock had a trading volume of 986,058 shares. Vaalco Energy has a 52 week low of $5.03 and a 52 week high of $9.32. The stock has a 50-day moving average of $7.36 and a 200-day moving average of $7.30. The company has a market cap of $498.4 million and a price-to-earnings ratio of 10.70.
Vaalco Energy (NYSE:EGY) last announced its earnings results 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. Analysts expect that Vaalco Energy will post $0.73 EPS 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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