Values First Advisors Inc. Reduces Holdings in VAALCO Energy, Inc. (NYSE:EGY)

Values First Advisors Inc. lowered its holdings in shares of VAALCO Energy, Inc. (NYSE:EGY) by 1.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 451,934 shares of the energy company’s stock after selling 4,784 shares during the period. VAALCO Energy comprises 1.4% of Values First Advisors Inc.’s portfolio, making the stock its 13th largest holding. Values First Advisors Inc.’s holdings in VAALCO Energy were worth $2,594,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. nVerses Capital LLC acquired a new position in shares of VAALCO Energy during the 3rd quarter worth approximately $60,000. Crestmont Private Wealth LLC purchased a new position in VAALCO Energy during the third quarter worth $63,000. Annex Advisory Services LLC raised its holdings in shares of VAALCO Energy by 32.0% in the third quarter. Annex Advisory Services LLC now owns 325,218 shares of the energy company’s stock worth $1,867,000 after acquiring an additional 78,932 shares during the last quarter. Inspire Investing LLC purchased a new stake in shares of VAALCO Energy in the third quarter valued at $818,000. Finally, Ritholtz Wealth Management boosted its stake in shares of VAALCO Energy by 129.2% during the third quarter. Ritholtz Wealth Management now owns 126,374 shares of the energy company’s stock valued at $725,000 after acquiring an additional 71,242 shares during the last quarter. 50.32% of the stock is currently owned by institutional investors and hedge funds.

VAALCO Energy Stock Performance

VAALCO Energy stock opened at $5.76 on Friday. The stock has a 50-day moving average price of $6.00 and a 200 day moving average price of $6.30. VAALCO Energy, Inc. has a 52 week low of $3.85 and a 52 week high of $7.51. The stock has a market cap of $597.02 million, a PE ratio of 7.10 and a beta of 1.17. The company has a current ratio of 1.19, a quick ratio of 1.15 and a debt-to-equity ratio of 0.15.

VAALCO Energy (NYSE:EGY) last posted its quarterly earnings data on Tuesday, August 6th. The energy company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.09. The business had revenue of $116.78 million during the quarter, compared to analyst estimates of $119.30 million. VAALCO Energy had a net margin of 17.82% and a return on equity of 16.00%. During the same quarter in the previous year, the business posted $0.11 earnings per share. Equities research analysts predict that VAALCO Energy, Inc. will post 0.59 earnings per share for the current fiscal year.

VAALCO Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, August 23rd were paid a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date of this dividend was Friday, August 23rd. VAALCO Energy’s dividend payout ratio is presently 30.86%.

About VAALCO Energy

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.