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|
Type
|
Public company |
|---|---|
| Traded as | NYSE: EGY |
| Industry | Petroleum industry |
| Founded | 1985 (1985) |
| Headquarters | Houston, Texas |
|
Key people
|
Cary Bounds, CEO Andrew L. Fawthrop, Chairman Phil Patman, CFO |
| Products | Petroleum |
|
Production output
|
3,800 barrels of oil equivalent (23,000 GJ) per day |
| Revenue |  $59 million (2016) |
|
Net income
|
-$26 million (2016) |
| Total assets | $81 million (2016) |
| Total equity | $1 million (2016) |
|
Number of employees
|
104, including 78 in Gabon (2016) |
| Website | www |
VAALCO Energy, Inc., is a petroleum and natural gas exploration and production company headquartered in Houston, Texas with operations primarily in the Etame Marin block offshore Gabon.
As of December 31, 2016, the company had 2.642 billion barrels of proved reserves, all of which was petroleum.
The company’s primary source of revenue is from its 31.1% interest, via a production sharing contract, in operations in the 750,000 acre (3,000 km²) Etame Marin block, offshore Gabon. The company also owns a 31% working interest in an undeveloped portion of a block offshore Equatorial Guinea. The company owns a leasehold interest in property in Montana.
In 2000, the company sold a 32.5% interest in the Etame Marin permit offshore Gabon to PanAfrican Energy Corp.
In November 2012, the company acquired a 31% non-operating working interest in a production and development area offshore Equatorial Guinea from Petronas for $10 million.
In October 2015, Don McCormack was named chief financial officer of the company.
In November 2016, the company acquired an additional 3.23% participating interest (2.98% working interest) in the Etame Marin permit offshore Gabon.
In December 2016, Cary Bounds was named chief executive officer of the company.
In April 2017, Phil Patman was named chief financial officer of the company.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-11-01 | Future report Set alerts | |
| Q2 2022 | 2022-08-10 | 0.52 | 0.52 |
| Q1 2022 | 2022-05-03 | 0.36 | 0.36 |
| Q4 2021 | 2022-03-09 | 0.58 | 0.58 |
| Q3 2021 | 2021-11-03 | 0.53 | 0.53 |
| Q2 2021 | 2021-08-11 | 0.10 | 0.10 |
| Q1 2021 | 2021-05-12 | 0.17 | 0.17 |
| Q4 2020 | 2021-03-10 | -0.10 | -0.10 |
| Q3 2020 | 2020-11-06 | 0.04 | 0.04 |
| Q2 2020 | 2020-08-07 | 0.09 | 0.09 |
| 2016-05-09 | Reiterated Rating | National Securities | Neutral to Neutral | $2.00 to $2.00 |
| 2016-03-18 | Lower Price Target | National Securities | Neutral to Neutral | $4.00 to $2.00 |
| 2015-08-10 | Lower Price Target | RBC Capital | Outperform | $6.00 to $5.00 |
| 2015-08-10 | Lower Price Target | Royal Bank Of Canada | Outperform | $6.00 to $5.00 |
| 2014-09-30 | Initiated Coverage | GMP Securities | Buy | $14.00 |
| 2013-12-06 | Upgrade | RBC Capital | Sector Perform to Outperform | $8.00 to $9.00 |
| 2007-03-07 | Reiterated | RBC Capital Mkts | Underperform | $6 to $5 |
| 2016-05-09 | Reiterated Rating | National Securities | Neutral to Neutral | $2.00 to $2.00 |
| 2016-03-18 | Lower Price Target | National Securities | Neutral to Neutral | $4.00 to $2.00 |
| 2015-08-10 | Lower Price Target | RBC Capital | Outperform | $6.00 to $5.00 |
| 2015-08-10 | Lower Price Target | Royal Bank Of Canada | Outperform | $6.00 to $5.00 |
| 2014-09-30 | Initiated Coverage | GMP Securities | Buy | $14.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In EGY 105 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Inc. | 3.71M |
| WILEN INVESTMENT MANAGEMENT CORP. | 3.13M |
| Vanguard Group, Inc | 2.96M |
| Tieton Capital Management, LLC | 1.74M |
| BlackRock Institutional Trust Company, N.A. | 1.54M |
| KORNITZER CAPITAL MANAGEMENT INC /KS | 1.50M |
| CITADEL ADVISORS LLC | 1.27M |
| RENAISSANCE TECHNOLOGIES LLC | 1.22M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.03M |
| STATE STREET CORP | 1.00M |
| BRIDGEWAY CAPITAL MANAGEMENT INC | 0.87M |
| DIMENSIONAL FUND ADVISORS LP | 0.80M |
| TWO SIGMA INVESTMENTS LLC | 0.65M |
| Hillsdale Investment Management Inc. | 0.59M |
| LSV ASSET MANAGEMENT | 0.55M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| GERRY ROBERT L III Chief Executive Officer | 3.63% (2065390) | EGY / |
| Bounds Cary M Chief Operating Officer | 0.71% (403556) | EGY / |
| Myers John J Jr | 0.60% (342958) | EGY / |
| Knapp Alfred John Jr. | 0.50% (283446) | ATRM / EGY / HSON / OTIV / |
| Guidry Steven P Chief Executive Officer | 0.37% (213290) | EGY / MRO / |
| SCHEIRMAN W RUSSELL II President | 0.36% (203803) | EGY / |
| JENNINGS JAMES B | 0.32% (184292) | CRR / EGY / |
| Patman Philip F Jr Chief Financial Officer | 0.32% (184210) | EGY / |
| PULLY STEVEN J | 0.26% (147833) | ARP / EGY / EPL / GDP / PRLS / |
| FAWTHROP ANDREW LAWRENCE | 0.25% (142605) | EGY / |
| Keane Michael | 0.22% (123446) | EGY / |
| Brazelton Frederick W | 0.19% (109000) | EGY / |
| Hullinger Gregory R Chief Financial Officer | 0.13% (72572) | EGY / |
| Chapoton O Don | 0.10% (58134) | EGY / |
| CUTRER GAYLA M Corporate Secretary | 0.09% (49880) | EGY / |
| Christ Eric J VP, Gen Counsel and Corp Sec | 0.04% (22810) | EGY / MPO / XOG / |
| NIELSEN ARNE R | 0.02% (9152) | EGY / |
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