NEW YORK (

TheStreet

) --

VAALCO Energy

(NYSE:

EGY

) hit a new 52-week high Monday as it traded at $8.28 compared with its previous 52-Week high of $8.17. VAALCO Energy is changing hands at $8.25 with 154,012 shares traded as of 9:36 a.m. ET. Average volume has been 381,500 shares over the past 30 days.

VAALCO Energy has a market cap of $434.3 million and is part of the

basic materials

sector and

energy

industry. Shares are up 10.8% year to date as of the close of trading on Friday.

VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and natural gas. The company has a P/E ratio of 14.2, above the average energy industry P/E ratio of 14 and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates VAALCO Energy as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

VAALCO Energy Ratings Report

.

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