VAALCO Energy, Inc. (NYSE: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
EGY at 6 to 7X's 2011 EPS coupled with NO debt & close to 100 Million in Cash & will generate 70 million+ in Cash from operations this year fully funding their expansion/diversification plans seems like EGY is dirt cheap considering small cap oil peers trading at 20X's or more.