Vaalco Energy CFO Gregory R. Hullinger Unloads 23,000 Shares (EGY)
Vaalco Energy (NYSE:EGY) CFO Gregory R. Hullinger sold 23,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $9.50, for a total transaction of $218,500.00. Following the completion of the sale, the chief financial officer now directly owns 32,771 shares of the company’s stock, valued at approximately $311,325. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Vaalco Energy (NYSE:EGY) traded down 1.31% during mid-day trading on Wednesday, hitting $9.05. 995,232 shares of the company’s stock traded hands. Vaalco Energy has a 52-week low of $5.03 and a 52-week high of $9.67. The stock’s 50-day moving average is $7.72 and its 200-day moving average is $7.45. The company has a market cap of $515.5 million and a price-to-earnings ratio of 11.28.
Vaalco Energy (NYSE:EGY) last issued its quarterly earnings data 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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