Q1 EPS Estimates for VAALCO Energy Reduced by Roth Capital

VAALCO Energy, Inc. (NYSE:EGY) – Equities research analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for VAALCO Energy in a research note issued to investors on Monday, April 7th. Roth Capital analyst J. White now anticipates that the energy company will earn $0.06 per share for the quarter, down from their previous forecast of $0.08. The consensus estimate for VAALCO Energy’s current full-year earnings is $0.43 per share. Roth Capital also issued estimates for VAALCO Energy’s FY2025 earnings at $0.10 EPS.

Separately, StockNews.com cut VAALCO Energy from a “buy” rating to a “hold” rating in a research note on Tuesday.

VAALCO Energy Stock Performance

NYSE EGY opened at $3.19 on Thursday. The company has a market capitalization of $331.15 million, a price-to-earnings ratio of 3.76 and a beta of 0.75. VAALCO Energy has a twelve month low of $3.00 and a twelve month high of $7.43. The stock has a fifty day simple moving average of $3.93 and a 200 day simple moving average of $4.68. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.14.

VAALCO Energy (NYSE:EGY) last announced its quarterly earnings results on Thursday, March 13th. The energy company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. The firm had revenue of $121.72 million during the quarter, compared to analysts’ expectations of $108.91 million. VAALCO Energy had a net margin of 17.93% and a return on equity of 15.63%.

VAALCO Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date was Friday, February 28th. VAALCO Energy’s dividend payout ratio is currently 45.45%.

Insider Activity

In other news, COO Thor Pruckl sold 10,169 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $3.95, for a total value of $40,167.55. Following the transaction, the chief operating officer now directly owns 174,992 shares of the company’s stock, valued at $691,218.40. The trade was a 5.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.30% of the company’s stock.

Institutional Investors Weigh In On VAALCO Energy

A number of hedge funds have recently added to or reduced their stakes in EGY. Barclays PLC increased its stake in VAALCO Energy by 319.0% in the third quarter. Barclays PLC now owns 160,736 shares of the energy company’s stock valued at $923,000 after purchasing an additional 122,373 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of VAALCO Energy by 66.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 962,824 shares of the energy company’s stock valued at $5,527,000 after buying an additional 386,071 shares during the period. JPMorgan Chase & Co. increased its position in VAALCO Energy by 172.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 152,798 shares of the energy company’s stock valued at $877,000 after buying an additional 96,627 shares in the last quarter. Tieton Capital Management LLC raised its stake in VAALCO Energy by 23.0% during the 4th quarter. Tieton Capital Management LLC now owns 1,805,053 shares of the energy company’s stock worth $7,888,000 after buying an additional 337,644 shares during the period. Finally, State Street Corp boosted its holdings in VAALCO Energy by 4.3% in the third quarter. State Street Corp now owns 4,285,378 shares of the energy company’s stock worth $24,598,000 after acquiring an additional 176,259 shares in the last quarter. 50.32% of the stock is currently owned by institutional investors.

About VAALCO Energy

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.