Vaalco Energy Inc (NYSE:EGY) Releases Earnings Results, Meets Expectations
Vaalco Energy Inc (NYSE:EGY) issued its quarterly earnings results on Tuesday. The energy company reported $0.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.04, reports. Vaalco Energy had a positive return on equity of 37.50% and a negative net margin of 21.75%.
Shares of Vaalco Energy (EGY) traded up 1.614% during midday trading on Tuesday, hitting $0.875. The stock had a trading volume of 120,483 shares. The firm has a 50 day moving average price of $0.90 and a 200 day moving average price of $1.00. Vaalco Energy has a one year low of $0.70 and a one year high of $1.43. The stock’s market cap is $51.27 million.
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About Vaalco Energy
VAALCO Energy, Inc is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas. Its segments include Gabon, Angola, Equatorial Guinea, the United States, and Corporate and other, which includes corporate and operations support.
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