VAALCO Energy – Consensus Indicates Potential -10.9% Downside

Broker Ratings

VAALCO Energy found using ticker (EGY) have now 2 analysts in total covering the stock. The consensus rating is ‘None’. The target price ranges between 8.17 and 6.28 calculating the average target price we see 7.23. Given that the stocks previous close was at 8.11 this would indicate that there is a downside of -10.9%. The day 50 moving average is 7.02 and the 200 moving average now moves to 4.73. The company has a market cap of $439m. You can visit the company’s website by visiting:

The potential market cap would be $391m based on the market concensus.

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VAALCO Energy, an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy was incorporated in 1985 and is headquartered in Houston, Texas.

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