StockIceMan's Weekly Stock Pick
Week of
June 5, 2006
| Stock: |
Vaalco Energy, Inc. |
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| Ticker Symbol: |
EGY - AMEX - Oil and Gas Exploration |
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| Buy: |
7.00 to 7.5 |
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| Sell: |
11.00 |
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Info: |
VAALCO Energy, Inc., an
independent energy company, together with its
subsidiaries, engages in the acquisition,
exploration, development, and production of
crude oil and natural gas. The company's
properties and exploration activities are
located in the Texas Gulf Coast region and
offshore Gabon, West Africa. As of December 31,
2005, it had total proved reserves of 7,827
mbbls of crude oil and 21 mmcf of natural gas.
The company was founded in 1984 and is
headquartered in Houston, Texas. |
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| Financial Info: |
For the three months ended
3/31/06, revenues increased 35% to $31.2
million. Net income from continuing operations
increased 61% to $11.7 million. |
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| Key Ratios: |
Current
Ratio: 6.88, Total Debt/Equity: 0.055, Trailing
P/E: 14.29x, Forward P/E: 8.42x, Price/Book:
4.62, Price/Sales: 4.48 |
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| Share Info: |
There are 57.61
million shares outstanding with 55.66
million shares in the trading
float. Institutions own
approximately 39.80% of the shares outstanding.
There have been no insider purchases and 16
insider sales totaling 661,667 shares in the last six months.
Real-Time SEC
Filings
As of 5/10/2006, there were 759,110 shares short.
Net Institutional Buying: 1.868
million shares prior to latest
quarter. |
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| Articles: |
VAALCO Energy Financials
VAALCO Energy Makes the
Hot Growth 100 |
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