VAALCO Energy, Inc. (NYSE:EGY) is considered one of the cheap oil stocks under $10 to buy now, with a consensus Moderate Buy rating and a $7.27 target price. Despite reporting a Q3 revenue miss, Jefferies reaffirmed a Buy rating on EGY with a price target of $7.32. The company declared a quarterly cash dividend and increased its credit facility commitments. Management raised full-year production and sales guidance while reducing capital expenditure estimates by 19%. VAALCO operates offshore hydrocarbon properties in Gabon, Equatorial Guinea, and Canada, focusing on crude oil and natural gas extraction.

Read more at Yahoo Finance: Jefferies Reaffirms Buy on VAALCO (EGY) Despite Q3 Revenue Miss