VAALCO Energy, Inc. (EGY)

JFiege (< 20) Submitted: 6/13/07 1:30 PM : Start Price: $4.65 EGY Score: 38.22

Summarized reviews:





Price drop gives room for 20% growth to get to price from short time ago.





Bought and are using Seismic Equipment (see TGE, DWSN, OYOG) which dropped earnings but should increase oil/gas yield for long-term improved earnings.





Oil barrel prices may drop in any short term period but are still likely to go up well beyond rate of inflation.





Steady output NOT including addition of newly acquired oil fields.





Are diversifying oil field lcoations.





P/E ratio of 7.09 today, better than many other very good buys. 20% increase just to get to P/E of 8.5.

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