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More on Vaalco Energy (EGY): Q4 beats on revenue but comes up short on a per share basis....

More on Vaalco Energy (EGY): Q4 beats on revenue but comes up short on a per share basis. Revenue for the quarter was boosted by higher crude prices and higher sales volumes, but the gains were offet at the bottom line due to increased operating expenses associated with the higher sales volumes, substantially higher income taxes and a non-cash impairment charge on a domestic well in the Granite Wash formation. Shares -3.8% AH.
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