Vaalco Energy Director Sells $92,500 in Stock (EGY)
Vaalco Energy (NYSE:EGY) Director John J. Myers, Jr. unloaded 10,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $9.25, for a total value of $92,500.00. Following the completion of the transaction, the director now directly owns 75,000 shares of the company’s stock, valued at approximately $693,750. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
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 1-year low of $5.03 and a 1-year 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. 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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