EGY Stock Analysis: Vaalco Energy | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 560m USD | 12M Return: 46.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.38M
Qual. Beats: -1
Rev. Trend: 3.5%
Qual. Beats: -2
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
VAALCO Energy, Inc. is a Houston-based independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations span a geographically diversified portfolio across West Africa (Gabon, Cote dIvoire, Equatorial Guinea), North Africa (Egypt), and North America (Canada), reflecting a multi-country, multi-asset strategy typical of small-cap E&P operators seeking to spread geopolitical and basin-specific risk.
Key holdings include a 58.8% operated interest in the Etame Marin block offshore Gabon, 100% interests in the Eastern Desert and Western Desert concessions in Egypt, a 27.4% non-operated working interest in the deepwater Baobab field (CI-40) offshore Cote dIvoire, light oil and liquids-rich gas assets in the Western Canadian Sedimentary Basin, and a 60% working interest in an undeveloped portion of block P offshore Equatorial Guinea.
As an upstream-only independent, VAALCOs business model is focused purely on finding, developing, and lifting hydrocarbons, with no downstream refining or marketing operations. The company relies on a mix of operated and non-operated working interests, which is common in the E&P sector and allows operators to share capital expenditure and operational risk on larger development projects while retaining control over core assets.
VAALCO was incorporated in 1985 and trades on the NYSE under the ticker EGY, with a market capitalization of approximately $594 million, positioning it within the small-cap segment of the oil and gas exploration and production sub-industry.
- Brent crude price swings directly impact Gabon cash flows
- Etame block production volumes set quarterly revenue pace
- Acquisitions expand African upstream asset portfolio
| Net Income: -143.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -0.71 > 1.0 |
| NWC/Revenue: -32.05% < 20% (prev 4.74%; Δ -36.79% < -1%) |
| CFO/TA 0.15 > 3% & CFO 140.7m > Net Income -143.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.3m) vs 12m ago 0.46% < -2% |
| Gross Margin: 20.40% > 18% (prev 33.82%; Δ -13.42% > 0.5%) |
| Asset Turnover: 37.17% > 50% (prev 52.76%; Δ -15.59% > 0%) |
| Interest Coverage Ratio: -25.63 > 6 (EBIT TTM -134.6m / Interest Expense TTM 5.25m) |
| A: -0.12 (Total Current Assets 116.1m - Total Current Liabilities 226.2m) / Total Assets 920.7m |
| B: 0.05 (Retained Earnings 41.4m / Total Assets 920.7m) |
| C: -0.15 (EBIT TTM -134.6m / Avg Total Assets 923.9m) |
| D: 0.60 (Book Value of Equity 344.9m / Total Liabilities 575.8m) |
| Altman-Z'' = -0.99 = CCC |
| DSRI: 0.39 (Receivables 34.8m/126.3m, Revenue 343.4m/489.2m) |
| GMI: 1.66 (GM 33.82% / 20.40%) |
| AQI: 1.11 (AQ_t 0.08 / AQ_t-1 0.07) |
| SGI: 0.70 (Revenue 343.4m / 489.2m) |
| TATA: -0.31 (NI -143.0m - CFO 140.7m) / TA 920.7m) |
| Beneish M = -3.11 (Cap -4..+1) = AA |
As of July 09, 2026, the stock is trading at USD 5.49 with a total of 1,120,063 shares traded. Over the past week, the price has changed by +8.07%, over one month by -0.72%, over three months by -7.05% and over the past year by +46.42%.
Current recommended Stop Loss: 5.10 (which is 7.1% or 1.9 ATR below the current price).
Vaalco Energy has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy EGY.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.6 | 74.9% |
P/E Forward = 67.1141
P/S = 1.7965
P/B = 1.5606
P/EG = 3.9821
Revenue TTM = 343.4m USD
EBIT TTM = -134.6m USD
EBITDA TTM = -36.7m USD
Long Term Debt = 152.0m USD (from longTermDebt, last quarter)
Short Term Debt = 19.1m USD (from shortTermDebt, last quarter)
Debt = 328.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 88.3m
Net Debt = 280.6m USD (calculated: Debt 328.7m - CCE 48.0m)
Enterprise Value = 840.3m USD (559.7m + Debt 328.7m - CCE 48.0m)
Interest Coverage Ratio = -25.63 (Ebit TTM -134.6m / Interest Expense TTM 5.25m)
EV/FCF = -31.13x (Enterprise Value 840.3m / FCF TTM -27.0m)
FCF Yield = -3.21% (FCF TTM -27.0m / Enterprise Value 840.3m)
FCF Margin = -7.86% (FCF TTM -27.0m / Revenue TTM 343.4m)
Net Margin = -41.63% (Net Income TTM -143.0m / Revenue TTM 343.4m)
Gross Margin = 20.40% ((Revenue TTM 343.4m - Cost of Revenue TTM 273.4m) / Revenue TTM)
Gross Margin QoQ = -10.20% (prev 18.77%)
Tobins Q-Ratio = 0.91 (Enterprise Value 840.3m / Total Assets 920.7m)
Interest Expense / Debt = 1.60% (Interest Expense 5.25m / Debt 328.7m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -106.3m (EBIT -134.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.51 (Total Current Assets 116.1m / Total Current Liabilities 226.2m)
Debt / Equity = 0.95 (Debt 328.7m / totalStockholderEquity, last quarter 344.9m)
Debt / EBITDA = -7.65 (negative EBITDA) (Net Debt 280.6m / EBITDA -36.7m)
Debt / FCF = -10.40 (negative FCF - burning cash) (Net Debt 280.6m / FCF TTM -27.0m)
Total Stockholder Equity = 451.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -15.48% (Net Income -143.0m / Total Assets 920.7m)
RoE = -31.67% (Net Income TTM -143.0m / Total Stockholder Equity 451.5m)
RoCE = -22.30% (EBIT -134.6m / Capital Employed (Equity 451.5m + L.T.Debt 152.0m))
RoIC = -15.27% (negative operating profit) (NOPAT -106.3m / Invested Capital 696.4m)
WACC = 5.12% (E(559.7m)/V(888.3m) * Re(7.39%) + D(328.7m)/V(888.3m) * Rd(1.60%) * (1-Tc(0.21)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: -0.32%
[DCF] Fair Price = unknown (Cash Flow -27.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -4.0 | # QB: -1
Revenue Correlation: 3.52 | Revenue CAGR: 0.68% | SUE: -1.00 | # QB: -2
EPS current Quarter (2026-06-30): EPS=0.08 | Chg30d=+100.00% | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.21 | Chg30d=+250.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.02 | Chg30d=-90.91% | Revisions=-25% | GrowthEPS=+150.0% | GrowthRev=+21.8%
EPS next Year (2027-12-31): EPS=0.34 | Chg30d=+19.64% | Revisions=-25% | GrowthEPS=+1575.0% | GrowthRev=+15.1%
[Analyst] Revisions Ratio: -40% (up=0, down=2)