VAALCO Energy, Inc. (NYSE:EGY) Shares Sold by Tieton Capital Management LLC

Tieton Capital Management LLC decreased its position in shares of VAALCO Energy, Inc. (NYSE:EGYFree Report) by 4.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,509,174 shares of the energy company’s stock after selling 73,675 shares during the period. VAALCO Energy comprises 4.2% of Tieton Capital Management LLC’s portfolio, making the stock its 9th biggest position. Tieton Capital Management LLC owned about 1.42% of VAALCO Energy worth $6,625,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Metropolitan Life Insurance Co NY increased its holdings in shares of VAALCO Energy by 80.4% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 6,446 shares of the energy company’s stock valued at $29,000 after purchasing an additional 2,872 shares in the last quarter. Bank of America Corp DE bought a new position in VAALCO Energy in the first quarter valued at approximately $40,000. Creative Planning bought a new position in VAALCO Energy in the second quarter valued at approximately $42,000. Capital Advisory Group Advisory Services LLC bought a new position in VAALCO Energy in the second quarter valued at approximately $44,000. Finally, Prelude Capital Management LLC bought a new position in VAALCO Energy in the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 48.60% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, cut shares of VAALCO Energy from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th.

Check Out Our Latest Research Report on VAALCO Energy

VAALCO Energy Price Performance

Shares of EGY stock opened at $4.25 on Thursday. VAALCO Energy, Inc. has a 52-week low of $3.51 and a 52-week high of $5.22. The stock has a market cap of $446.93 million, a PE ratio of 13.38 and a beta of 1.32. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.25 and a current ratio of 1.31. The firm’s 50 day moving average price is $4.48 and its two-hundred day moving average price is $4.38.

VAALCO Energy (NYSE:EGYGet Free Report) last announced its quarterly earnings data on Tuesday, November 7th. The energy company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.07). The business had revenue of $116.27 million during the quarter, compared to the consensus estimate of $126.15 million. VAALCO Energy had a net margin of 8.48% and a return on equity of 10.09%. As a group, analysts forecast that VAALCO Energy, Inc. will post 0.45 EPS for the current year.

About VAALCO Energy

(Free Report)

VAALCO Energy, Inc, an independent energy company, acquires, explores for, develops, and produces crude oil, natural gas, and natural gas liquids. The company holds Etame production sharing contract related to the Etame Marin block located offshore in the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa.

See Also

Institutional Ownership by Quarter for VAALCO Energy (NYSE:EGY)

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