Vaalco Energy Insider Unloads $188,000 in Stock (EGY)
Vaalco Energy (NYSE:EGY) Insider Roland Sledge unloaded 20,000 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 $9.40, for a total transaction of $188,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 1-year low of $5.03 and a 1-year high of $9.67. The stock has a 50-day moving average of $7.72 and a 200-day moving average of $7.45. The company has a market cap of $515.5 million and a P/E ratio of 11.28.
Vaalco Energy (NYSE:EGY) last announced its earnings results 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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