VAALCO Energy, Inc. (EGY)

Jakila The Hun

Who is going to bet against oil witha $3.00 per gallon pump price?

MFI

New production coming on in Gabon adds 50% capacity. Angola fields under development - Small holdings in flat US market plus rights for North Sea off Scotland coming up - makes for a good couple of years. Finally the cash cow starts expanding to ensure increases in future. May waver a bit as expansion costs money but this company knows what its doing......

yes let look for more oil and gas!!!!!!!!!!

Appears to be oversold and with the demand for more new oil not going away this seems like a good entry point for this stock.

5-star $482 million market cap on 11/25/06.
Oil and gas in Texas Gulf Coast and in West Africa.
5STARsmallCAPS picks five star stocks with the smallest market caps.

It's an energy stock and it looks very cheap and underpriced. A value buy.

I first found this company back in ~ early 2003 and bought my first shares for around$.98 . It had found oil in the Etame field and had just brought it on production in late 2002. They had a nice find in an area of the world that leaves you wondering how stable it would be . I had seen the upward trend in oil and ngas coming at this time. Even though the company only had the one area/country of operation/production I just felt that this was a chance worth taking and bought many more shares and still have some I first originally purchased.

The management seems to have a good knowledge of this area of the world and a understanding of the Gabon government/politics and Gabon geology. They have now started to grow this company outside of Gabon though they have not yet had any production . They have made the Ebouri and Avouma discoveries and will be adding the Avouma to production shortly and Ebouri next year. They now have the cash to seek out other growth in the North Sea and on their newest concession in Gabon .They seem to have the expertise to do well in this area of the world and don't seem to be doing follish things with the cash that they're generating and the prospects look bright for growth or maybe even to be taken over at some point.They have a nice looking balance sheet with very little debt.

I'm going to predict outperform eventhough it is going to dive tomorrow on Cramer's comments. This again appears to be nice value with upside. Love small caps that are actually producing good income for shareholders.

aluminum boatmakers?

already producing oil and gas, even without expansion look for increased growth purely through increased profit margins

I used to own this one but sold it around $10.20. This would be a great place to start buying.

EGY is an outstanding company with a great balance sheet, they just need a couple more record earnings periods to prove themselves to the market and break out.

follow puffy pants

This company has been through some ups and downs. Recently more ups than downs. They have made peace with the Hedge Fund Names Delorme and settled or dropped the lawsuit. Regardless, current managment has followed the business plan, eliminated debt, and built a large cash reserve to begin the drilling program. First in the gas basin in the NS. Then on to there proven grounds in Africa.

Oil prices will not go down. History doesn't repeat it's self, but it sure does rhyme. The situation from the 70's is different from today. OPEC artificially raised the prices, while today the invisble hand of the market has raised them. Unless there is a huge global economic slowdown we will never see prices drop to their previous levles. E.g. Japan's slowing economy made a wonderfull impact on my wallet about 10 years ago.

crude oil and natural gas.. everyone needs it in america.

more oil