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  • Vaalco Energy: Oil Market Looks Poised For a Pullback
    The stock's value is based on the amount of oil they lift, and the value of dated brent crude when it is lifted. They get revenue when it enters the tanker from their FPSO. The wild cards for this stock are related to expenses (tanker day rates, insurance rates, seismic data, DDA) and the tax rates they pay to Gabon (Angola & North Sea going forward). Good luck.
    Oct 13 13:56 pm |Rating: 0 0 |Link to Comment |View article

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