MarketBeat cites Reduce rating for Vaalco Energy stock at USD 7.30 target
Published on 10/02/2026 at 19:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MarketBeat reported on September 26, 2026 that Vaalco Energy had a consensus Reduce rating and a USD 7.30 average price target, according to MarketBeat. The overview listed one Hold rating and one Sell rating, giving the stock a cautious analyst profile.
Second-quarter profit returns
VAALCO Energy reported USD 135.17 million of revenue and USD 42.45 million of net income for the second quarter of 2026 in its investor-relations release dated August 6, 2026, according to VAALCO Energy. The result reversed the USD 93.76 million net loss recorded in the first quarter of 2026.
Adjusted EBITDAX reached USD 54.80 million in the second quarter, while operating cash flow was USD 73.70 million. The balance sheet showed USD 30.40 million of cash and USD 177.00 million of long-term debt at June 30, 2026.
Production drives the recovery
Yahoo Finance reported on September 9, 2026 that second-quarter sales volumes reached 17,812 net revenue interest barrels of oil equivalent per day, up 47.00 percent from the first quarter, at Yahoo Finance. The company forecast third-quarter net revenue interest production of 19,600 to 21,600 barrels per day.
Vaalco also maintained its quarterly dividend at USD 0.0625 per share. The figures connect the earnings rebound to higher output from Baobab in Côte d'Ivoire, drilling in Gabon and activity in Egypt.
Stock stays below USD 6.00
Vaalco Energy's primary-market quote was USD 5.76 on the NYSE at 1:08 p.m. ET on October 2, 2026, while its 52-week range was USD 3.36 to USD 6.72. Market capitalization stood at USD 601.0 million on the same date.
Zacks lists November 9, 2026 as the expected next earnings release date, according to Zacks. That date places the next scheduled financial checkpoint after the third-quarter operating period.
EUR 5.12 after October 2 decline
Vaalco Energy stock stood at EUR 5.12 at Lang & Schwarz on October 2, 2026 at 7:05 p.m. CEST, down 0.97 percent versus the Lang & Schwarz prior close of EUR 5.17 on October 1, 2026.
Vaalco Energy stock data
- Company: VAALCO Energy, Inc.
- ISIN: US91851C2017
- Ticker: EGY
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 2, 2026, 7:05 p.m. CEST): EUR 5.12
- Change versus prior close: minus 0.97 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 5.17
- Market capitalization: USD 601.0 million (as of October 2, 2026)
- 52-week range: USD 3.36-6.72 (as of October 2, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
- Next earnings date: November 9, 2026
