Vaalco Energy (EGY)

[Bigtrade PT]

$EGY-Analyst Rating Update price target of $7


Vaalco Energy Inc (NYSE:EGY) has received a short term rating of sell from research analysts at Zacks with a rank of 4. The company has been rated an average of 2 by 1 Wall Street Analysts. 1 stock experts have also rated a buy.

Vaalco Energy Inc (NYSE:EGY): 1 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $7 in Vaalco Energy Inc (NYSE:EGY). However, the stock price could fluctuate by $ 0 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $7 price target with the lower price estimate is calculated at $7

Vaalco Energy Inc (NYSE:EGY) : On Thursday heightened volatility was witnessed in Vaalco Energy Inc (NYSE:EGY) which led to swings in the share price. The shares opened for trading at $2.27 and hit $2.29 on the upside , eventually ending the session at $2.29, with a gain of 0.44% or 0.01 points. The heightened volatility saw the trading volume jump to 848,408 shares. The 52-week high of the share price is $9.67 and the company has a market cap of $134 million. The 52-week low of the share price is at $2 .

VAALCO Energy, Inc. (VAALCO) is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. VAALCO owns producing properties and conducts exploration activities as operator in Gabon, West Africa, conducts exploration activities as an operator in Angola, West Africa, and has conducted exploration activities as a non-operator in the British North Sea. The Company owns minor interests in production activities as a non-operator in the United States. During the year ended December 31, 2011, the Etame, Avouma, South Tchibala and Ebouri fields produced approximately 8.1 million barrels of oil (2.3 million barrels of oil net to the Company).

http://www.insidertradingreport.org/vaalco-energy-inc-analyst-rating-update/610262/