1 / 12

VAALCO Energy, Inc. Maxim Dolinsky ACG2021 Sec. 080A Instructor: Susan Crosson

VAALCO Energy, Inc. Maxim Dolinsky ACG2021 Sec. 080A Instructor: Susan Crosson. Executive Summary.

erelah
Download Presentation

VAALCO Energy, Inc. Maxim Dolinsky ACG2021 Sec. 080A Instructor: Susan Crosson

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. VAALCO Energy, Inc.Maxim DolinskyACG2021 Sec. 080AInstructor: Susan Crosson

  2. Executive Summary • VAALCO company has been growing in the past years. It has increased its profits as opened up new drilling wells. The stock however has been suffering in the past several months, it went down from >5 to < 4 in its value.

  3. Introduction • Robert L. Gerry III - Chairman and Chief Executive Officer • W. Russell Scheirman - President and Chief Financial Officer • Company’s headquarters are located in Cranford, New Jersey, 07016 • Ending date of the latest fiscal year: December 31

  4. Introduction continued • VAALCO is an independent energy company focused on exploration, development and production of crude oil and natural gas. VAALCO lowers risk of acquisitions and exploratory drilling. The Company’s production is done in two regions • Texas Gulf Coast region • Manages all of the domestic production in U.S. • Gabon, West Africa • Manages all of the international production in Africa

  5. Stock Market Information • Most recent price of the company’s stock is 3.78 Trading range for the previous 12 months is 3.06 – 5.68 • No dividends were yielded • The above data as of 10/10/05 • I personally almost invested $2,000 at the end of May when the stock was just under 4.0. Once I saw the peak in Aug. I was disappointed about not buying it, but Sep. low made me feel better about my decision. See figure on the next page 

  6. Stock Market Information cont. • BUY? SELL? HOLD? If I’d only knew.

  7. Industry Situation and Company Plans • Right now the company is in a decent shape due to shortage of oil supplies in U.S., in the future the competition will definitely get tougher, especially once/if they rebuild New Orleans. • The company does spend a lot of money on the research, if it goes successfully then VAALCO will stay in a decent shape, otherwise it can hit a bottom.

  8. Industry Situation and Company Plans continued • In the future the company is planning to expand in the South Africa. • http://www.vaalco.com/start.html • http://english.pravda.ru/comp/2002/06/18/30608.html • http://finance.yahoo.com/q/pr?s=egy

  9. Income Statement • VAALCO (EGY) Vs. its competitors

  10. Income Statement continued • The format is most likely a multi step format.

  11. Income Statement continued • The company has been steadily increasing in its revenues, profits, expenses. VAALCO has been simply growing in the past two years. • A previous figure proves the statement.

  12. Balance Sheet

More Related