VAALCO Energy (LON:EGY) Stock Price Up 3.4%

VAALCO Energy, Inc. (LON:EGY)’s stock price rose 3.4% during mid-day trading on Friday . The stock traded as high as GBX 521 ($6.74) and last traded at GBX 521 ($6.74). Approximately 1,100 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 1,535 shares. The stock had previously closed at GBX 504 ($6.52).

VAALCO Energy Stock Up 3.4 %

The company has a debt-to-equity ratio of 19.09, a quick ratio of 0.74 and a current ratio of 1.66. The firm has a fifty day simple moving average of GBX 496.41 and a 200-day simple moving average of GBX 454.98. The firm has a market cap of £539.03 million, a price-to-earnings ratio of 1,108.51 and a beta of 1.32.

VAALCO Energy Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, June 21st. Stockholders of record on Thursday, May 16th were issued a dividend of $0.06 per share. This represents a dividend yield of 0.95%. The ex-dividend date was Thursday, May 16th. VAALCO Energy’s dividend payout ratio is presently 4,255.32%.

About VAALCO Energy

VAALCO Energy, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa.