Core Viewpoint - The Zacks Oil and Gas - Exploration and Production - International industry is currently facing challenges due to volatile commodity prices, rising geopolitical risks, and weaker earnings expectations, which cloud near-term prospects [1][2] Industry Overview - The industry consists of companies primarily operating outside the United States, focusing on the exploration and production of oil and natural gas [3] - Cash flow for producers is heavily influenced by realized commodity prices, making them vulnerable to price volatility [4] Key Investing Trends - Geopolitical risks and operational disruptions remain high, introducing volatility that is difficult to hedge [5][6] - Operators are increasingly prioritizing cash flow stability over aggressive growth, emphasizing disciplined capital spending and focusing on lower-decline assets [7][8] - Delayed project timelines can push cash flow inflection points further out, testing investor patience [10][11] Industry Performance - The Zacks Oil and Gas - International E&P industry has underperformed compared to the broader energy sector and the S&P 500, declining 32% over the past year while the broader sector increased by 7.5% and the S&P 500 gained 14.3% [16] Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 6.33X, significantly lower than the S&P 500's 18.58X but above the sector's 5.46X [18] Stocks to Watch - **Vermilion Energy**: A globally diversified producer with a focus on steady production and sustainable free cash flow, expecting 13.4% revenue growth in 2025 [19][22] - **VAALCO Energy**: An independent oil and gas company with a strong emphasis on African and Canadian markets, with a market cap of approximately $366 million and a 50% increase in earnings estimates for 2025 [22][23] - **Genel Energy**: Focused on the Kurdistan Region of Iraq, aiming for stable production and long-term value creation, with a projected 78.6% growth in earnings for 2025 [24][26]

The Zacks Oil and Gas - Exploration and Production - International industry is facing a challenging trend as volatile commodity prices, rising geopolitical risks and weaker earnings expectations cloud near-term prospects. While demand fundamentals matter, cash flows remain tightly linked to volatile commodity prices, making earnings visibility uneven. Geopolitical tensions, regulatory hurdles, and operational disruptions add further pressure, often limiting upside even when assets perform well. On the posit ...

VAALCO Energy, Inc. (NYSE:EGY) is one of the cheap oil stocks under $10 to buy now. VAALCO Energy, Inc. (NYSE:EGY) holds a consensus Moderate Buy rating, with a single analyst setting a $7.27 target, implying about 105% upside from its current $3.55 price. Jefferies Reaffirms Buy on VAALCO (EGY) Despite Q3 Revenue Miss On November 12, Jefferies reaffirmed its Buy rating on VAALCO Energy, Inc. and left the price target on the shares unchanged at £5.50 ($7.32). Independent of the analyst action, VAALCO rep ...

Core Viewpoint - Vaalco Energy, Inc. has initiated its Phase Three Drilling Program offshore Gabon, starting with the ET-15 infill well on the Etame platform, aiming to enhance production and create shareholder value [1][2]. Company Overview - Vaalco Energy, Inc. is an independent energy company based in Houston, Texas, with a diverse portfolio of production, development, and exploration assets across multiple countries including Gabon, Egypt, Côte d'Ivoire, Equatorial Guinea, Nigeria, and Canada [3]. Drilling Program Details - The drilling rig arrived in late November 2025, and the first well, ET-15, has been spudded. The program will initially focus on the Etame platform, followed by operations at the SEENT and Ebouri platforms to enhance production and potentially add reserves [2]. - The company secured the drilling rig in December 2024 in conjunction with its Phase Three Drilling Program, collaborating with an affiliate of Borr Drilling [2]. Future Growth Expectations - As Vaalco enters 2026, it anticipates significant growth driven by major projects in Gabon and Côte d'Ivoire, which are expected to translate into value for shareholders throughout the decade [2].

Group 1 - Vaalco Energy (EGY) confirmed important cash flow details during a recent fireside chat, indicating that FPSO repairs are expected to conclude with the FPSO sailing on January 31 [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] - The investing group Oil & Gas Value Research focuses on under-followed oil companies and out-of-favor midstream companies that present compelling investment opportunities [2]

Group 1 - Vaalco Energy (EGY) confirmed important cash flow information for investors during a recent fireside chat, indicating that FPSO repairs are expected to conclude with the FPSO sailing on January 31 [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] - The investing group Oil & Gas Value Research focuses on under-followed oil companies and out-of-favor midstream companies that present compelling investment opportunities [2] Group 2 - The group includes an active chat room for Oil & Gas investors to discuss recent information and share investment ideas [2]

PresentationJeffrey RobertsonWater Tower Research LLC Thank you for joining us today for a fireside chat with chief Executive Officer, George Maxwell from VAALCO Energy. I am Jeff Robertson, Managing Director for Natural Resources at Water Tower Research. Before we begin, I would like to remind participants that our discussion today could include forward-looking statements as of today, December 2, 2025. VAALCO's disclosures regarding such statements can be found on the Investor Relations tab of its corporat ...

VAALCO Energy (NYSE:EGY) Fireside Chat December 02, 2025 11:00 AM ET Company ParticipantsJeff Robertson - Managing Director for Natural ResourcesGeorge Maxwell - CEOJeff RobertsonThank you for joining us today for a fireside chat with Chief Executive Officer George Maxwell from VAALCO Energy. I am Jeff Robertson, Managing Director for Natural Resources at Water Tower Research. Before we begin, I would like to remind participants that our discussion today could include forward-looking statements as of today, ...

Company Overview - Vaalco Energy has been growing production since its merger with TransGlobe in 2022, transitioning from reliance on Gabonese assets to a diversified global player [1] - The company is based in Houston, Texas, and has expanded its operations beyond Gabon to include Côte d'Ivoire and Egypt [6][7] - Vaalco's stock price has fluctuated, recently rallying to nearly $8.00 per share after a strong Q-4 2023 earnings report, but has since declined to $3.33 [6] Financial Performance - The company reported a mixed Q-2 performance, which negatively impacted its stock, while Q-3 showed some optimism despite missing EPS and revenue expectations [5][6] - Vaalco trades at a low EV/EBITDA multiple of 2.8X and a low flowing barrel valuation of $19,000 per barrel [9] - The company has a 6.5% dividend yield and a small amount of long-term debt, with ongoing capital reduction and cost-cutting programs to improve cash flow [10] Production and Operations - Vaalco's production focus includes ramping up output in its Egyptian concession and Gabon, although results have been uneven due to various operational challenges [7] - The company has hedged a quarter of its Q-4 production at $60 and plans to increase this to about half, with a target of hedging 40% of daily output by 2026 [9] Market Conditions - The upstream oil and gas sector is currently facing an oversupply narrative, with crude oil prices having fallen about 30% this year [4] - Geopolitical volatility continues to influence trading, with traders maintaining long futures contracts during periods of conflict [2][3] Investment Outlook - Analysts rank Vaalco as a strong buy, with price targets set at $10.00 per share, although EPS estimates suggest potential small losses in the near term [9][21] - The company’s management is experienced in West African operations, which bodes well for future performance [20] - The upcoming drilling campaigns in Gabon, Egypt, and Côte d'Ivoire are seen as potential catalysts for growth [14][15]

Core Viewpoint - Vaalco Energy, Inc. is set to participate in an investor event hosted by Water Tower Research on December 2, 2025, focusing on potential volume growth opportunities in 2026 and beyond [1][2]. Group 1: Event Details - The investor event will feature a discussion led by Jeff Robertson, Managing Director at WTR, with George Maxwell, Vaalco's CEO, covering the company's asset portfolio and growth strategies [2]. - Key topics include the sequencing of the Gabon drilling campaign and the planning for a 2026 drilling campaign at the Baobab field offshore Côte d'Ivoire, along with production restoration following the FPSO's anticipated return in Q2 2026 [2]. Group 2: Company Overview - Vaalco Energy, founded in 1985 and incorporated in Delaware, is an independent energy company based in Houston, Texas, with a diverse portfolio of production, development, and exploration assets across multiple countries including Gabon, Egypt, Côte d'Ivoire, Equatorial Guinea, Nigeria, and Canada [3].