Cubist Systematic Strategies LLC acquired a new position in shares of VAALCO Energy, Inc. (NYSE:EGY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 38,419 shares of the energy company’s stock, valued at approximately $105,000. Cubist Systematic Strategies LLC owned approximately 0.06% of VAALCO Energy as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently bought and sold shares of EGY. Algert Global LLC bought a new stake in shares of VAALCO Energy during the 2nd quarter valued at $251,000. Spark Investment Management LLC bought a new stake in shares of VAALCO Energy during the 2nd quarter valued at $446,000. Ancora Advisors LLC raised its position in shares of VAALCO Energy by 13.5% during the 1st quarter. Ancora Advisors LLC now owns 653,810 shares of the energy company’s stock valued at $563,000 after acquiring an additional 77,719 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of VAALCO Energy during the 2nd quarter valued at $622,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of VAALCO Energy during the 2nd quarter valued at $823,000. 43.24% of the stock is currently owned by hedge funds and other institutional investors.
Shares of VAALCO Energy stock opened at $2.40 on Friday. The firm has a market cap of $162.29 million, a price-to-earnings ratio of 7.58 and a beta of 0.59. VAALCO Energy, Inc. has a 52 week low of $0.68 and a 52 week high of $3.38.
VAALCO Energy (NYSE:EGY) last issued its earnings results on Monday, August 6th. The energy company reported $0.15 EPS for the quarter. The company had revenue of $24.43 million during the quarter. VAALCO Energy had a net margin of 14.09% and a return on equity of 144.87%.
About VAALCO Energy
VAALCO Energy, Inc, an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas. The company holds Etame production sharing contract related to the Etame Marin block located offshore the Republic of Gabon in West Africa. It also owns interests in an undeveloped block offshore Equatorial Guinea, West Africa.
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