VAALCO Energy Inc. today reported operational and financial results for the first quarter of 2023. First Quarter 2023 Highlights and Key Items: Paid first quarter 2023 cash dividend of $0.0625 per share of common stock and announced quarterly cash dividend of $0.0625 per share of common stock to be paid on June 23, 2023, an increase of 92% compared to 2022; Returned $10.5 million to shareholders by purchasing 2.2 million [...]
VAALCO Energy Inc. declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2023 , which is payable on June 23, 2023, to stockholders of record at the close of business on May 24, 2023. 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's Chief Executive [...]
VAALCO Energy Inc. today announced the timing of its first quarter 2023 earnings release and conference call. The Company will issue its first quarter 2023 earnings release on Tuesday, May 9, 2023 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Wednesday morning, May 10, 2023 at 10:00 a.m. Central Time Interested parties in the United [...]
VAALCO Energy Inc. today announced that it has issued its 2022 Environmental, Social and Governance report, which is now available on VAALCO's web site, www.vaalco.com, under the "Sustainability" tab. The report covers VAALCO's ESG initiatives and related key performance indicators for the calendar year 2022. During 2022, the Company completed a materiality study, led by its ESG Engineer with input from key personnel [...]
VAALCO Energy Inc. today announced that, as expected, on April 3, 2023 it received a notice from the New York Stock Exchange that the Company was not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual, because the Company did not timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 [...]
VAALCO Energy Inc. today reported final financial and operating results for the fourth quarter and full year of 2022. On October 13, 2022, VAALCO completed the business combination with TransGlobe Energy, Inc. ; as a result, VAALCO's fourth quarter and full year 2022 results include the combined assets from the closing day through the end of 2022. Highlights and Key Items: ? Reported full year 2022 net income of $51.9 [...]
VAALCO Energy Inc. today announced that it has scheduled a conference call to discuss its fourth quarter and full year 2022 financial and operational results on Thursday, April 6, 2023 at 10:00 a.m. Central Time An updated earnings release will be issued that morning prior to opening of trading on the NYSE; an updated investor deck will also be available on VAALCO's web site, www.vaalco.com, in the "Investor Relations [...]
VAALCO Energy Inc. today reported operational and selected preliminary unaudited financial results for the fourth quarter and full year of 2022. On October 13, 2022, VAALCO completed the business combination with TransGlobe Energy, Inc. ; as a result, VAALCO's fourth quarter and full year preliminary 2022 results include the combined assets from the closing day through the end of 2022. The financial data presented in this [...]
VAALCO Energy Inc. announced today that it plans to file a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission as it has determined it expects to be unable to file its Annual Report on Form 10-K for the year ended December 31, 2022 by its original due date of March 16, 2023. The Company has determined that it is unable to file its Form 10-K within the prescribed time period without [...]
VAALCO Energy Inc. today announced the Company is scheduled to participate in the 35th Annual Roth Conference to be held in Dana Point, California from March 12-14, 2023. George Maxwell, Chief Executive Officer and Ron Bain, Chief Financial Officer will participate in the Conference and host one-on-one meetings with investors during the event. An updated investor presentation will be posted on the Company's web site at [...]
VAALCO Energy Inc. today announced that it has received exemptive relief from the applicable Canadian securities authorities regarding future filing requirements. VAALCO became a reporting issuer in each of the provinces of Canada by virtue of its business combination with TransGlobe in October 2022, which made it subject to Canadian continuous disclosure and other reporting obligations under applicable Canadian [...]
VAALCO Energy Inc. announced today that the Company has increased its quarterly cash dividend to $0.0625 per share of common stock for the first quarter of 2023 , which is payable March 31, 2023, to stockholders of record at the close of business on March 24, 2023. The Company also provided an operational update including fourth quarter production, sales and capital spending. Highlights Increased quarterly cash dividend [...]
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