VAALCO Energy, Inc. (NYSE:EGY) is considered one of the best low-risk stocks to buy now, as Goldman Sachs Group Inc. increased its position in the company by acquiring 182,489 shares in the first quarter. Despite a production decline in the second quarter, VAALCO Energy is set to restart production as the FPSO returns from the shipyard. The company is expected to double production by 2027, with recent collaborations and offshore drilling campaigns in Africa contributing to future returns. VAALCO Energy, founded in 1985, specializes in crude oil, natural gas, and natural gas liquids.
Read more at Yahoo Finance: Goldman Sachs Now Owns 0.71% of VAALCO Energy, Inc. (EGY)
