VAALCO Energy Inc

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  • uploads///wti crude oil  month chart may
    Macroeconomic Analysis

    Triple Top Pattern: Crude Oil Prices Could Decline

    WTI crude oil prices are declining for the third day in a row. The bearish sentiments could push oil to test the support of $55 per barrel.

    By Gordon Kristopher
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    Fund Managers

    Smithwood Advisers and Hancock Sell Stakes in Energy in 1Q15

    Smithwood Advisers was among the hedge funds that sold their stakes in SandRidge Energy in 1Q15. Hancock Holding was one of the firms that sold stakes in Vaalco Energy.

    By Stuart McKenzie
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    Fund Managers

    Oil Woes Pummel Vaalco in 1Q15, but Hope Remains for a Rebound

    Vaalco Energy’s (EGY) revenues declined to $18.2 million in 1Q15, from $28.1 million in 1Q14. This translated to a diluted net loss per share of $0.67, down from $0.12 per share in 1Q14.

    By Stuart McKenzie
  • uploads///wti  mont chart May
    Macroeconomic Analysis

    Crude Oil Prices Might Fluctuate in a Narrow Range

    Increasing imports from Asia would drive crude oil prices higher. The key resistance is at $61 per barrel. Prices tested this level in May 2015.

    By Gordon Kristopher
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