Replies to post #481 on Vaalco Energy (EGY)

[littlejohn]

EGY price drop to maybe 1 times revenue

per share seems too low...

Lowering expectation to about

9,000 BPD of oil production at

$90/barrel Brent would yield almost

$300 miilion revenue per year...

Sell off looks Way overdone...

Added accordingly...

So we watch...LJ

[littlejohn]

EGY produced about 7,554 BOPD in the

4th quarter of 2021,,,

and about 7,119 BOPD for 2021...

quoted as NRI production...


https://www.vaalco.com/investors/news-events/press-releases/detail/325/vaalco-energy-inc-announces-fourth-quarter-and-full-year

EGY lowered guidance to 9,000 to

9,500 BOPD for 2022 production...

quoted as NRI production...

https://www.vaalco.com/investors/news-events/press-releases/detail/342/vaalco-energy-provides-operational-update

And shareholders let the market

makers take the price down like

the end is near...

A production increase of over 25%

on annual basis isn't a sign of

slacking off on effort,,,

7,119 BOPD to 9,000 BOPD...


EGY is discounted because of the

slack buyers...


So we watch...LJ

[spec machine]

Revenue $110M and adjusted EPS $.52

I expect revenues to be up 100% yoy at $100-110M and EPS>$.60

Strong quarter as expected

Up we go, and let's put the TGA cash to better use than where it was headed before the merger plans

spec