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VAALCO Energy Inc (EGY) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

VAALCO Energy Inc (EGY) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. VAALCO Energy Inc is an independent energy company. It is engaged in the acquisition, exploration, development and production of crude oil and natural gas. VAALCO Energy Inc has a market cap of $133.490 million; its shares were traded at around $2.24 with a P/E ratio of 1.48 and P/S ratio of 1.38.


For the last quarter VAALCO Energy Inc reported a revenue of $27.6 million, compared with the revenue of $10.03 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $104.9 million, an increase of 36.2% from last year. For the last five years VAALCO Energy Inc had an average revenue decline of 11.3% a year.

The reported diluted earnings per share was $1.62 for the year, compared with the loss per share of $1.36 in the previous year. The VAALCO Energy Inc enjoyed an operating margin of 48.8%, compared with the operating margin of 26.49% a year before. The 10-year historical median operating margin of VAALCO Energy Inc is 43.43%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, VAALCO Energy Inc has the cash and cash equivalents of $33.4 million, compared with $19.7 million in the previous year. The company had no long term debt, compared with $2.31 million in the previous year. The interest coverage to the debt is at a comfortable level of 18.2. VAALCO Energy Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $2.24, VAALCO Energy Inc is traded at 32.7% discount to its historical median P/S valuation band of $3.33. The P/S ratio of the stock is 1.38, while the historical median P/S ratio is 2.08. The stock gained 153.58% during the past 12 months.

For the complete 20-year historical financial data of EGY, click here.

This article first appeared on GuruFocus.