Insider Selling: Vaalco Energy EVP Sells 87,225 Shares of Stock (EGY)
Vaalco Energy (NYSE:EGY) EVP Gayla M. Cutrer sold 87,225 shares of the stock on the open market in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $8.06, for a total transaction of $703,033.50. Following the transaction, the executive vice president now directly owns 22,868 shares of the company’s stock, valued at approximately $184,316. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Vaalco Energy (NYSE:EGY) traded up 0.17% during mid-day trading on Wednesday, hitting $8.765. 315,529 shares of the company’s stock traded hands. 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 $7.40 and a 200-day moving average of $7.3. The company has a market cap of $499.2 million and a price-to-earnings ratio of 10.76.
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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