Shares of VAALCO Energy, Inc. (NYSE:EGY) traded up 2.3% during mid-day trading on Wednesday . The stock traded as high as $2.20 and last traded at $2.27. 21,562 shares were traded during mid-day trading, a decline of 99% from the average session volume of 1,999,128 shares. The stock had previously closed at $2.22.

The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.06. The stock has a market cap of $128.43 million, a PE ratio of 8.72 and a beta of 0.44.

VAALCO Energy (NYSE:EGY) last issued its quarterly earnings data on Wednesday, March 7th. The energy company reported $0.06 earnings per share (EPS) for the quarter. VAALCO Energy had a return on equity of 135.33% and a net margin of 16.85%. The business had revenue of $17.16 million for the quarter.

Institutional investors have recently added to or reduced their stakes in the stock. Pinnacle Holdings LLC acquired a new position in VAALCO Energy in the fourth quarter valued at $122,000. Deutsche Bank AG acquired a new position in VAALCO Energy in the fourth quarter valued at $226,000. Ancora Advisors LLC increased its stake in VAALCO Energy by 13.5% in the first quarter. Ancora Advisors LLC now owns 653,810 shares of the energy company’s stock valued at $563,000 after purchasing an additional 77,719 shares during the last quarter. Renaissance Technologies LLC increased its stake in VAALCO Energy by 32.9% in the fourth quarter. Renaissance Technologies LLC now owns 1,920,231 shares of the energy company’s stock valued at $1,339,000 after purchasing an additional 474,831 shares during the last quarter. Finally, Tieton Capital Management LLC increased its stake in VAALCO Energy by 26.6% in the fourth quarter. Tieton Capital Management LLC now owns 2,935,388 shares of the energy company’s stock valued at $2,046,000 after purchasing an additional 616,471 shares during the last quarter. Hedge funds and other institutional investors own 37.74% of the company’s stock.

VAALCO Energy Company Profile

VAALCO Energy, Inc, an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa.

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