African Assets Drive Vaalco Energy's Diversification and Growth Amidst Crude Oil Market Volatility

Vaalco Energy (EGY) is a small-cap oil and gas producer with a focus on Africa, particularly Gabon and Côte d'Ivoire. Despite a mixed Q2 report and a long slide to $3.33 per share, Q3 results show promise for a rebound. The company trades at low multiples and is below its 200-day SMA. EGY's strong Q4 2023 earnings and diversification efforts, including a merger and entry into Côte d'Ivoire, bode well for a favorable investment recommendation.