Vaalco Energy (EGY)

[spec machine]

There’s some lumpiness in the revenue coming up in the next couple of quarters, both the timing of liftings and due to scheduling for the reconfigured production setup

I don’t recall if they estimated the impact on production related to the reconfiguration of the collection setup for the switch to the FSO that’s coming up

The increased working interest, newly completed wells, and (soon) the more efficient FSO system, should stand out beautifully against the backdrop of easy comps

EGY is firing on all cylinders, getting good exposure via the Russell 3000, and in an “oil friendly” geopolitical spot at exactly the right time (and price) to pop

EPS of $0.80 for the quarter might seem like it’s optimistic, but if there’s no impact on production from the reconfiguration, I actually think they can top that number

I’m sure I can handle a pleasant surprise

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