VAALCO Energy, Inc. (NYSE:EGY)

CAPS Rating: 4 out of 5

An independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas.

Recs

0
Player Avatar TrackMagicFormul (75.75) Submitted: 2/20/2013 1:25:38 PM : Outperform Start Price: $8.45 EGY Score: -19.51

Investors should consider selling puts. You can achieve some very high annualized returns at strikes significantly below the current price. e.g.

July 13 $7.50 strike at 70¢ has 18% discount and 22% annualized return.

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