VAALCO Energy, Inc. (LON:EGY) to Issue Dividend of $0.06

VAALCO Energy, Inc. (LON:EGY) declared a dividend on Monday, November 11th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.06 per share on Friday, December 20th. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, November 21st. The official announcement can be accessed at this link.

VAALCO Energy Price Performance

EGY stock opened at GBX 462.50 ($5.87) on Wednesday. The company has a current ratio of 1.19, a quick ratio of 0.74 and a debt-to-equity ratio of 17.57. The business has a 50 day simple moving average of GBX 473.66 and a 200-day simple moving average of GBX 491.22. VAALCO Energy has a twelve month low of GBX 330 ($4.19) and a twelve month high of GBX 590.11 ($7.49). The company has a market capitalization of £479.80 million, a P/E ratio of 758.20 and a beta of 1.17.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group dropped their price objective on shares of VAALCO Energy from GBX 700 ($8.88) to GBX 685 ($8.69) and set a “buy” rating for the company in a research report on Wednesday, November 13th.

VAALCO Energy Company Profile

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.