Dimensional Fund Advisors LP Purchases New Stake in VAALCO Energy, Inc. (EGY)

Dimensional Fund Advisors LP purchased a new stake in VAALCO Energy, Inc. (NYSE:EGY) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 227,804 shares of the energy company’s stock, valued at approximately $622,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in EGY. Algert Global LLC bought a new position in shares of VAALCO Energy during the 2nd quarter worth approximately $251,000. Spark Investment Management LLC bought a new position in shares of VAALCO Energy during the 2nd quarter worth approximately $446,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of VAALCO Energy during the 2nd quarter worth approximately $823,000. EAM Investors LLC bought a new position in shares of VAALCO Energy during the 2nd quarter worth approximately $870,000. Finally, Acadian Asset Management LLC lifted its position in shares of VAALCO Energy by 193.5% during the 2nd quarter. Acadian Asset Management LLC now owns 455,462 shares of the energy company’s stock worth $1,243,000 after buying an additional 300,284 shares in the last quarter. 41.58% of the stock is currently owned by institutional investors and hedge funds.

VAALCO Energy stock opened at $1.83 on Wednesday. VAALCO Energy, Inc. has a 52 week low of $0.68 and a 52 week high of $3.38. The company has a market cap of $121.86 million, a price-to-earnings ratio of 5.69 and a beta of 0.59.



VAALCO Energy (NYSE:EGY) last posted its earnings results on Monday, August 6th. The energy company reported $0.15 EPS for the quarter. VAALCO Energy had a net margin of 14.09% and a return on equity of 144.87%. The firm had revenue of $24.43 million for the quarter.

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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Institutional Ownership by Quarter for VAALCO Energy (NYSE:EGY)

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