EGY Stock Analysis: Vaalco Energy | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 634m USD | 12M Return: 56% | US91851C2017 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.90M
Qual. Beats: 0
Rev. Trend: -45.7%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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: -108.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.26 > 0.02 and ΔFCF/TA -35.22 > 1.0 |
| NWC/Revenue: -32.88% < 20% (prev 12.53%; Δ -45.41% < -1%) |
| CFO/TA 0.16 > 3% & CFO 156.9m > Net Income -108.8m |
| Net Debt (123.4m) to EBITDA (13.7m): 9.02 < 3 |
| Current Ratio: 0.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.6m) vs 12m ago 0.66% < -2% |
| Gross Margin: 37.60% > 18% (prev 32.42%; Δ 5.19% > 0.5%) |
| Asset Turnover: 36.18% > 50% (prev 51.94%; Δ -15.75% > 0%) |
| Interest Coverage Ratio: -16.62 > 6 (EBIT TTM -90.2m / Interest Expense TTM 5.43m) |
| A: -0.12 (Total Current Assets 88.9m - Total Current Liabilities 203.9m) / Total Assets 968.6m |
| B: 0.08 (Retained Earnings 77.2m / Total Assets 968.6m) |
| C: -0.09 (EBIT TTM -90.2m / Avg Total Assets 966.7m) |
| D: 0.65 (Book Value of Equity 380.3m / Total Liabilities 588.2m) |
| Altman-Z'' = -0.47 = B |
| DSRI: 0.32 (Receivables 30.4m/137.2m, Revenue 349.8m/501.2m) |
| GMI: 0.86 (GM 32.42% / 37.60%) |
| AQI: 1.35 (AQ_t 0.09 / AQ_t-1 0.07) |
| SGI: 0.70 (Revenue 349.8m / 501.2m) |
| TATA: -0.27 (NI -108.8m - CFO 156.9m) / TA 968.6m) |
| Beneish M = -3.75 (Cap -4..+1) = AAA |
As of August 25, 2026, the stock is trading at USD 5.78 with a total of 1,244,150 shares traded. Over the past week, the price has changed by -0.16%, over one month by +5.23%, over three months by +5.81% and over the past year by +56.00%.
Current recommended Stop Loss: 5.40 (which is 6.6% or 1.8 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 | 9.9 | 70.9% |
P/E Forward = 29.6736
P/S = 1.8133
P/B = 1.6401
P/EG = 3.9821
Revenue TTM = 349.8m USD
EBIT TTM = -90.2m USD
EBITDA TTM = 13.7m USD
Long Term Debt = 60.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 65.5m USD (from shortTermDebt, last quarter)
Debt = 153.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 88.3m
Net Debt = 123.4m USD (calculated: Debt 153.8m - CCE 30.4m)
Enterprise Value = 757.7m USD (634.3m + Debt 153.8m - CCE 30.4m)
Interest Coverage Ratio = -16.62 (Ebit TTM -90.2m / Interest Expense TTM 5.43m)
EV/FCF = -3.02x (Enterprise Value 757.7m / FCF TTM -251.3m)
FCF Yield = -33.16% (FCF TTM -251.3m / Enterprise Value 757.7m)
FCF Margin = -71.83% (FCF TTM -251.3m / Revenue TTM 349.8m)
Net Margin = -31.11% (Net Income TTM -108.8m / Revenue TTM 349.8m)
Gross Margin = 37.60% ((Revenue TTM 349.8m - Cost of Revenue TTM 218.3m) / Revenue TTM)
Gross Margin QoQ = 66.36% (prev -10.20%)
Tobins Q-Ratio = 0.78 (Enterprise Value 757.7m / Total Assets 968.6m)
Interest Expense / Debt = 3.53% (Interest Expense 5.43m / Debt 153.8m)
Taxrate = 28.35% (16.8m / 59.2m)
NOPAT = -64.6m (EBIT -90.2m * (1 - 28.35%)) [loss with tax shield]
Current Ratio = 0.44 (Total Current Assets 88.9m / Total Current Liabilities 203.9m)
Debt / Equity = 0.40 (Debt 153.8m / totalStockholderEquity, last quarter 380.3m)
Debt / EBITDA = 9.02 (Net Debt 123.4m / EBITDA 13.7m)
Debt / FCF = -0.49 (negative FCF - burning cash) (Net Debt 123.4m / FCF TTM -251.3m)
Total Stockholder Equity = 418.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -11.26% (Net Income -108.8m / Total Assets 968.6m)
RoE = -25.99% (Net Income TTM -108.8m / Total Stockholder Equity 418.7m)
RoCE = -18.85% (EBIT -90.2m / Capital Employed (Equity 418.7m + L.T.Debt 60.0m))
RoIC = -7.95% (negative operating profit) (NOPAT -64.6m / Invested Capital 812.6m)
WACC = 6.20% (E(634.3m)/V(788.1m) * Re(7.09%) + D(153.8m)/V(788.1m) * Rd(3.53%) * (1-Tc(0.28)))
Discount Rate = 7.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 47.17 | Cagr: 0.04%
[DCF] Fair Price = unknown (Cash Flow -251.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.11 | # QB: 0
Revenue Correlation: -45.70 | Revenue CAGR: -7.89% | SUE: 0.85 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.12 | Chg30d=-42.86% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.21 | Chg30d=-198.10% | Revisions=-25% | GrowthEPS=-415.6% | GrowthRev=+23.1%
EPS next Year (2027-12-31): EPS=0.19 | Chg30d=-46.04% | Revisions=-25% | GrowthEPS=+190.2% | GrowthRev=+13.5%
[Analyst] Revisions Ratio: -40% (up=0, down=2)