$4.14
-0.14 (-3.27%)
VAALCO Energy, Inc. (EGY)
CAPS Rating:
An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.
Recs
Revenue ($55.3M vs $24.1M) increased 130% in 2 qtr YOY. Increased price of oil accounted for $23.4M in increase and number of barrels produced resulted in $7.8M more in revenues. 3 qtr should be even greater in production of barrels.