VAALCO Energy, Inc. (NYSE:EGY) is in the highlights and many would want to know whether now might be a good time for it to present much upside. Now trading with a market value of 143.00M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.VAALCO Energy, Inc. (NYSE:EGY) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For EGY, the company currently has 33.07 million of cash on the books, which is offset by 5.83 million in current liabilities. The trend over time is important to note. In this case, the company’s debt has been falling. The company also has 92.19 million in total assets, balanced by 73.09 million in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
VAALCO Energy, Inc. (EGY) saw 14.64 million in free cash flow last quarter, representing a quarterly net change in cash of 12.56 million. Perhaps most importantly where cash movements are concerned, the company saw about 15.07 million in net operating cash flow.VAALCO Energy, Inc. (NYSE:EGY) Revenue Growth Potential
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 27.65 million in total revenues. That represents a quarterly year/year change in revenues of 0.30 in sequential terms, the EGY saw sales decline by 0.61.
But what about the bottom line? After all, that’s what really matters in the end. VAALCO Energy, Inc. (EGY) is intriguing when broken down to its core data. The cost of selling goods last quarter was 12.08 million, yielding a gross basic income of 15.56 million. For shareholders, given the total diluted outstanding shares of 58.86 million, this means overall earnings per share of 0.15.