VAALCO Energy Inc. today reported operational and financial results for the first quarter of 2025. First Quarter 2025 Highlights and Recent Key Items: Reported net income of $7.7 million , Adjusted Net Income of $6.3 million and Adjusted EBITDAX of $57.0 million; Produced 17,764 net revenue interest barrels of oil equivalent per day , above the high end of guidance, or 22,402 working interest BOEPD, toward the high end of [...]
VAALCO Energy Inc. today announced that it declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2025 , which is payable on June 27, 2025, to stockholders of record at the close of business on May 23, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell [...]
VAALCO Energy Inc. today provided additional details regarding its Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time and is expected to conclude by around 10:00 a.m. Central Time . Participation in the Capital Markets Day is directed to Vaalco's shareholders, buy side and sell side analysts, as well as large institutional investors and portfolio managers. The [...]
VAALCO Energy Inc. today announced the timing of its first quarter 2025 earnings release and conference call. The Company will issue its first quarter 2025 earnings release on Thursday, May 8, 2025 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Friday morning, May 9, 2025 at 9:00 a.m. Central Time Interested parties in the United [...]
VAALCO Energy Inc. announced that George Maxwell, Chief Executive Officer, and Ron Bain, Chief Financial Officer, will provide a live presentation via Investor Meet Company Thursday, April 17, 2025. The presentation will begin at 10 a.m. British Summer Time . The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until April 16 [...]
VAALCO Energy Inc. announced that it will host a Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time and is expected to conclude by around 12:00 p.m. Central Time. The agenda will include presentations by key members of management on Vaalco's longer-term vision including growth across its diversified, multi-country asset base. Participation in the Capital Markets [...]
VAALCO Energy Inc. today reported operational and financial results for the fourth quarter and full year of 2024 and year-end 2024 reserves. The Company also provided 2025 operational and financial guidance for the first quarter and full year of 2025. Fourth Quarter 2024 Highlights: Reported net income of $11.7 million and Adjusted EBITDAX of $76.2 million; Produced 20,775 net revenue interest barrels of oil equivalent [...]
VAALCO Energy Inc. announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led by The Standard Bank of South Africa Limited, Isle of Man Branch with other participating banks and financial partners. This new facility, which is subject to customary administrative conditional precedents, replaces the Company's existing undrawn [...]
VAALCO Energy Inc. today announced the timing of its fourth quarter and full year 2024 earnings release and conference call. The Company will issue its fourth quarter 2024 and full year earnings release on Thursday, March 13, 2025 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Friday morning, March 14, 2025 at 10:00 a.m. Central Time [...]
VAALCO Energy Inc. announced that it has farmed into the CI-705 block offshore Côte d'Ivoire. Vaalco will become operator of the block with a 70% working interest and a 100% paying interest though a commercial carry arrangement and is partnering with Ivory Coast Exploration Oil & Gas SAS and PETROCI. The CI-705 block is located in the prolific Tano basin and is approximately 70 kilometers to the west of Vaalco's CI-40 [...]
VAALCO Energy Inc. today announced that it declared its quarterly cash dividend of $0.0625 per share of common stock for the first quarter of 2025 , which is payable on March 28, 2025, to stockholders of record at the close of business on February 28, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwell [...]
VAALCO Energy Inc. is pleased to announce a significant milestone in its Côte d'Ivoire Floating Production Storage and Offloading vessel Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources International , ceased hydrocarbon production as scheduled on January 31, 2025. The final lifting of crude oil from the vessel is set to take [...]