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EGY - Earnings announcements
VAALCO Energy Inc. (EGY) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for EGY
- Vaalco Energy, Inc. Announces First Quarter 2026 ResultsHOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today reported operational and financial results for the first quarter 2026. Additionally, the Company provided operational and financial guidance for the second quarter and full year of 2026. First Quarter 2026 Highlights and Recent Key Items: Invested $78.1 million in capital expenditures, which included the successful start to the Gabon Phase Three Drilling Program, continued Côte d'Ivoire Floating Production Storage and Offloading vessel ("FPSO") Dry Dock refurbishment and key long leads for the upcoming 2026 drilling campaign in Côte d'Ivoire; Successfully drilled, complet
- VAALCO Schedules First Quarter 2026 Earnings Release and Conference CallHOUSTON, May 05, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today announced the timing of its first quarter 2026 earnings release and conference call. The Company will issue its first quarter 2026 earnings release on Thursday, May 7, 2026 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 8, 2026 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time and 2:00 p.m. London Time). Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-free by
- VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2025 ResultsHOUSTON, March 12, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today reported operational and financial results for the fourth quarter and full year of 2025, including year-end 2025 reserves. Additionally, the Company provided operational and financial guidance for the first quarter and full year of 2026. 2025 Full Year Highlights: Sold 17,452 net revenue interest ("NRI")(1) barrels of oil equivalent per day ("BOEPD"), above the high end of the Company's increased guidance, while delivering production of 16,556 NRI(1) BOEPD or 21,160 working interest ("WI")(2) BOEPD, both above the midpoint of Vaalco's increased guidance;Reported full ye
- VAALCO Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference CallHOUSTON , March 05, 2026 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today announced the timing of its fourth quarter and full year 2025 earnings release and conference call. The Company will issue its fourth quarter and full year 2025 earnings release on Thursday, March 12, 2026 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 13, 2026 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 2:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the Uni
- VAALCO Energy, Inc. Announces Third Quarter 2025 ResultsHOUSTON, Nov. 10, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today reported operational and financial results for the third quarter of 2025. Third Quarter 2025 Highlights and Recent Key Items: Reported net income of $1.1 million ($0.01 per diluted share), Adjusted Net Loss(1) of $10.3 million ($(0.10) per diluted share) and Adjusted EBITDAX(1) of $23.7 million; Produced 15,405 net revenue interest ("NRI")(2) barrels of oil equivalent per day ("BOEPD"), at the high end of guidance, or 19,887 working interest ("WI")(3) BOEPD, above the midpoint of guidance;Sold 12,831 NRI BOEPD, at the high end of guidance;Increased full year production a
- VAALCO Schedules Third Quarter 2025 Earnings Release and Conference CallHOUSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today announced the timing of its third quarter 2025 earnings release and conference call. The Company will issue its third quarter 2025 earnings release on Monday, November 10, 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 Tuesday morning, November 11, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate
- VAALCO Energy, Inc. Announces Second Quarter 2025 ResultsHOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today reported operational and financial results for the second quarter of 2025. Second Quarter 2025 Highlights and Recent Key Items: Reported net income of $8.4 million ($0.08 per diluted share), Adjusted Net Income(1) of $2.3 million ($0.02 per diluted share) and Adjusted EBITDAX(1) of $49.9 million; Produced 16,956 net revenue interest ("NRI")(2) barrels of oil equivalent per day ("BOEPD"), above the high end of guidance, or 21,654 working interest ("WI")(3) BOEPD, toward the high end of guidance;Sold 19,393 NRI BOEPD, above the high end of guidance;Reported a net cash(4) p
- VAALCO Schedules Second Quarter 2025 Earnings Release and Conference CallHOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today announced the timing of its second quarter 2025 earnings release and conference call. The Company will issue its second quarter 2025 earnings release on Thursday, August 7, 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, August 8, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may partic
- VAALCO Energy, Inc. Announces First Quarter 2025 ResultsHOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 ($0.07 per diluted share), Adjusted Net Income of $6.3 million ($0.06 per diluted share) and Adjusted EBITDAX(1) of $57.0 million; Produced 17,764 net revenue interest ("NRI")(2) barrels of oil equivalent per day ("BOEPD"), above the high end of guidance, or 22,402 working interest ("WI")(3) BOEPD, toward the high end of guidance;Sold 19,074 NRI BOEPD, toward the high end of guidance;Entered into new rese
- VAALCO Schedules First Quarter 2025 Earnings Release and Conference CallHOUSTON, April 29, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-free
- VAALCO Energy, Inc. Announces Fourth Quarter and Record Full Year 2024 Financial and Operating Results and Year-End 2024 ReservesHOUSTON, March 13, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 ($0.11 per diluted share) and Adjusted EBITDAX(1) of $76.2 million; Produced 20,775 net revenue interest ("NRI")(2) barrels of oil equivalent per day ("BOEPD") or 25,300 Working interest ("WI")(3) BOEPD, both at the midpoint of guidance; andSold 20,352 NRI BOEPD in Q4 2024, towar
- VAALCO Schedules Fourth Quarter and Full Year 2024 Earnings Release and Conference CallHOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") 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 (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the Uni
- VAALCO Energy, Inc. Announces Third Quarter 2024 ResultsHOUSTON, Nov. 11, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today reported operational and financial results for the third quarter of 2024. Third Quarter 2024 Highlights and Recent Key Items: Grew net revenue interest ("NRI")(2) sales to 2,134,000 barrels of oil equivalent ("BOE"), or 23,198 barrels of oil equivalent per day ("BOEPD"), toward the upper end of guidance; and 20% above the second quarter of 2024 due to additional Côte d'Ivoire liftings;Reported Q3 2024 net income of $11.0 million ($0.10 per diluted share) and Adjusted Net Income(1) of $7.9 million ( $0.08 per diluted share);Increased Adjusted EBITDAX(1) by 28% to $92.8 mi
- VAALCO Announces Timing of Third Quarter 2024 Earnings Release and Conference CallHOUSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("Vaalco" or the "Company") today announced the timing of its third quarter 2024 earnings release and conference call. The Company will issue its third quarter 2024 earnings release on Monday, November 11, 2024 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Tuesday morning, November 12, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participat
- VAALCO Energy, Inc. Announces Second Quarter 2024 ResultsHOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the second quarter of 2024. Second Quarter 2024 Highlights and Recent Key Items: Closed the accretive all cash acquisition of Svenska Petroleum Exploration AB ("Svenska") for a net purchase price of $40.2 million; Updated third-party reserve engineer's calculation of proved reserves as of December 31, 2023 for Svenska that shows significant increase of SEC proved reserves to 16.9 million barrels of oil equivalent ("MMBOE") (93% oil);Realized a $19.9 million bargain purchase gain on the transaction; Reported strong Q2 2024
- VAALCO Announces Timing of Second Quarter 2024 Earnings Release and Conference CallHOUSTON, July 26, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its second quarter 2024 earnings release and conference call. The Company will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024 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, August 7, 2024 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participat
- VAALCO Energy, Inc. Announces First Quarter 2024 ResultsHOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the first quarter of 2024. First Quarter 2024 Highlights and Recent Key Items: Closed the accretive all cash acquisition of Svenska Petroleum Exploration AB ("Svenska") for a net purchase price of $40.2 million; Following the planned shutdown for maintenance in April, the Baobab field is back on production with a current rate in excess of 5,000 VAALCO working interest ("WI")(1) barrels of oil equivalent per day ("BOEPD") (99% oil);Strategically expands West African focus area with a sizeable producing asset that has signifi
- VAALCO Schedules First Quarter 2024 Earnings Release and Conference CallHOUSTON, April 25, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its first quarter 2024 earnings release and conference call. The Company will issue its first quarter 2024 earnings release on Tuesday, May 7, 2024 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 8, 2024 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-
- VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operating ResultsHOUSTON, March 13, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the fourth quarter and full year of 2023. The Company also provided 2024 operational and financial guidance for the first quarter and full year of 2024. 2023 Full Year Highlights: Reported full year ("FY") 2023 net income of $60.4 million ($0.56 per diluted share) and net cash from operating activities of $223.6 million;Generated record Adjusted EBITDAX(1) of $280.4 million and $119.7 million of Free Cash Flow ("FCF")(1) in FY 2023;Returned $50.3 million or 42% of FCF to shareholders in 2023 through di
- VAALCO Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallHOUSTON, March 04, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its fourth quarter and full year 2023 earnings release and conference call. The Company will issue its fourth quarter 2023 earnings release on Wednesday, March 13, 2024 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Thursday morning, March 14, 2024 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdo
- VAALCO Energy, Inc. Announces Third Quarter 2023 ResultsHOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the third quarter of 2023. Third Quarter 2023 Highlights and Key Items: Achieved production of 18,844 net revenue interest ("NRI")(1) barrels of oil equivalent per day ("BOEPD"), at the higher end of guidance, driven by operational uptime in Gabon and continued drilling success in Egypt; Working interest ("WI")(2) production of 24,430 BOEPD also at higher end of guidance range; Increased NRI sales to 1,812,000 barrels of oil equivalent ("BOE"), or 19,700 BOEPD above the midpoint of guidance; Reported lifting
- VAALCO Schedules Third Quarter 2023 Earnings Release and Conference CallHOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its third quarter 2023 earnings release and conference call. The Company will issue its third quarter 2023 earnings release on Tuesday, November 7, 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, November 8, 2023 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may particip
- VAALCO Energy, Inc. Announces Second Quarter 2023 Results~Strong Production in All Operating Areas Leads to 7% Increase in Full Year Production Guidance and Increased Drilling Efficiencies in Egypt and Canada Contribute to $10 million Reduction in 2023 Capital Expenditure Guidance~ HOUSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the second quarter of 2023. Second Quarter 2023 Highlights and Key Items: Paid second 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 ($0.25 annualized) to be paid on September 22, 2023, an increase of 92% comp
- VAALCO Schedules Second Quarter 2023 Earnings Release and Conference CallHOUSTON, July 20, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its second quarter 2023 earnings release and conference call. The Company will issue its second quarter 2023 earnings release on Wednesday, August 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 Thursday morning, August 10, 2023 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may particip
- VAALCO Energy, Inc. Announces First Quarter 2023 ResultsHOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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 ($0.25 annualized) 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 shares since inception of share buy back in November 2022 through May 9, 2023;Increased average daily production by 27% to 18,306 net revenue interest ("NRI")
- VAALCO Schedules First Quarter 2023 Earnings Release and Conference CallHOUSTON, May 04, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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 (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate to
- VAALCO Energy, Inc. Announces Final Fourth Quarter and Full Year 2022 Financial and Operating ResultsHOUSTON, April 06, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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. ("TransGlobe"); 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 ("FY") 2022 net income of $51.9 million ($0.73 per diluted share) and Adjusted Net Income(1) of $104.3 million ($1.49 per diluted share); ●Recorded fourth quarter 2022 net income of $17.8
- VAALCO Energy Schedules Fourth Quarter and Full Year 2022 Earnings Release and Conference CallHOUSTON, April 05, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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 (11:00 a.m. Eastern Time and 4:00 p.m. London 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" section under the "Presentations" tab. Interested parties in the United States and Canada may participate toll-free by dialin
- VAALCO Energy, Inc. Announces Preliminary Unaudited Fourth Quarter and Full Year 2022 Results and Provides 2023 GuidanceHOUSTON, March 31, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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. ("TransGlobe"); 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 press release for the fourth quarter and year ended December 31, 2022 is preliminary and subject to change in connection with the completion and audit of VAALCO'
- VAALCO Energy Announces Intent to File Form 12b-25 and Temporarily Delay Its Fourth Quarter and Full Year 2022 Earnings Release and Conference CallHOUSTON, March 13, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") announced today that it plans to file a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission ("SEC") as it has determined it expects to be unable to file its Annual Report on Form 10-K ("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 unreasonable effort or expense. As disclosed in VAALCO's Current Report on Form 8-K filed with the SEC on October 14, 2022, the Company completed the acquisitio
- VAALCO Energy, Inc. Declares Increased Dividend and Provides Operational UpdateHOUSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") 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 ($0.25 annualized), 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 by 92% to $0.0625 per share of common stock for the first quarter of 2023 ($0.25 annualized), from $0.0325 per share ($0.13 annualized) in 2022;Paid $9.3 milli
- VAALCO Energy, Inc. Announces Third Quarter 2022 ResultsHOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the third quarter of 2022. On October 13, 2022, VAALCO completed the business combination with TransGlobe Energy, Inc. ("TransGlobe"); as a result, the impact from the combination is not included in VAALCO's third quarter 2022 results but will be reported in the fourth quarter 2022 results. Third Quarter Highlights and Key Items: Reported Q3 2022 net income of $6.9 million ($0.11 per diluted share) and Adjusted Net Income(1) of $33.3 million ($0.56 per diluted share);Generated Adjusted EBITDAX(1) of $42.4 million in Q3 2022
- VAALCO Schedules Third Quarter 2022 Earnings Release and Conference CallHOUSTON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its third quarter 2022 earnings release and conference call. The Company will issue its third quarter 2022 earnings release on Tuesday, November 8, 2022 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, November 9, 2022 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time and 4:00 p.m. London Time.) Interested parties in the United States and Canada may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom m
- VAALCO Energy Announces the Closing of the Strategic Business Combination With TransGlobe EnergyHOUSTON, Oct. 14, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: "EGY"; LSE: "EGY") ("VAALCO" or the "Company") announced the closing of the strategic combination (the "Arrangement") of VAALCO and TransGlobe Energy Corporation ("TransGlobe"). As previously disclosed, the combined Company will now trade on the NYSE and LSE under the ticker symbol EGY. The combined Company is a leading African-focused operator with a strong production and reserve base, a diverse portfolio of assets in Gabon, Egypt, Equatorial Guinea and Canada, and significant future growth potential. In conjunction with the closing, VAALCO welcomes three new directors to the Board, expanding the Board of Directors to s
- VAALCO Energy, Inc. Announces Second Quarter 2022 ResultsHOUSTON, Aug. 10, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the second quarter of 2022. Highlights and Recent Key Items: Reported strong Q2 2022 net income of $15.1 million ($0.25 per diluted share) and Adjusted Net Income(1) of $30.7 million ($0.52 per diluted share);Increased Adjusted EBITDAX(1) by 81% quarter-over-quarter to $60.8 million in Q2 2022 a record high for VAALCO driven by strong pricing and increased sales volumes;Increased Q2 2022 average daily production by 14% to 9,211 net revenue interest ("NRI")(2) barrels of crude oil per day ("BOPD"), or 10,587 working interest ("WI")(3) BOPD, compare
- VAALCO Schedules Second Quarter 2022 Earnings Release and Conference CallHOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its second quarter 2022 earnings release and conference call. The Company will issue its second quarter 2022 earnings release on Wednesday, August 10, 2022 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Thursday morning, Auguest 11, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States and Canada may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom
- Business Combination of VAALCO and TransGlobeHOUSTON and CALGARY, Alberta, July 14, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO") and TransGlobe Energy Corporation (TSX:TGL, NASDAQ:TGA, AIM: TGL))) ("TransGlobe") (VAALCO and TransGlobe together, the "Combined Company") announced today that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategic business combination transaction valued at US$307 million (the "Transaction"). Under the terms of the Arrangement Agreement, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock
- VAALCO Energy, Inc. Announces First Quarter 2022 ResultsHOUSTON, May 03, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the first quarter of 2022. Highlights and Recent Key Items: Reported strong Q1 2022 net income of $12.2 million ($0.20 per diluted share) and Adjusted Net Income(1) of $21.1 million ($0.36 per diluted share);Increased Adjusted EBITDAX(1) by 49% quarter-over-quarter to $33.5 million in Q1 2022;Increased Q1 2022 production by 7% to 8,051 net revenue interest ("NRI")(2) barrels of crude oil per day ("BOPD"), or 9,254 working interest ("WI")(3) BOPD, compared to Q4 2021; Exit rate for Q1 2022 production increased to approximately 9,500
- VAALCO Schedules First Quarter 2022 Earnings Release and Conference CallHOUSTON, April 27, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its first quarter 2022 earnings release and conference call. The Company will issue its first quarter 2022 earnings release on Tuesday, May 3, 2022 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 4 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-free by
- VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2021 Results and Provides 2022 GuidanceHOUSTON, March 09, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the fourth quarter and full year of 2021. Highlights and Recent Key Items: Reported strong Q4 2021 net income of $34.4 million ($0.58 per diluted share) driven by solid sales, higher realized pricing, and a $16.1 million non-cash deferred tax benefit; reported $81.8 million ($1.37 per diluted share) in net income for full year 2021; Generated $12.5 million ($0.21 per diluted share) of Adjusted Net Income(1) in Q4 2021 and $39.6 million ($0.67 per diluted share) for full year 2021; Generated Adjusted EBITDAX(1) of $22.6 million in Q4 2021 and $85.8
- VAALCO Energy Announces 250% Increase in Proved Reserves at Year-End 2021 and Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference CallHOUSTON, March 03, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today disclosed details on the growth in its year-end 2021 proved reserves net to VAALCO and announced the timing of its fourth quarter and full year 2021 earnings release and conference call. Proved Reserves Highlights Increased year-end 2021 SEC proved reserves1 to 11.2 million barrels of oil ("MMBO"), up 250% compared to year-end 2020 SEC proved reserves of 3.2 MMBO; Added 5.0 MMBO as a result of positive revisions from improved well performance, field-life extension related to cost savings from the replacement Floating, Storage and Offloading vessel ("FSO") being deployed
- VAALCO Energy, Inc. Announces Third Quarter 2021 ResultsREPORTS NET INCOME OF $31.7 MILLION, OR $0.53 PER DILUTED SHARE ANNOUNCES QUARTERLY CASH DIVIDEND POLICY BEGINNING IN 2022 HOUSTON, Nov. 03, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the third quarter of 2021 and announced its Board of Directors has adopted a quarterly cash dividend policy of an expected $0.0325 per common share commencing in the first quarter of 2022. Highlights and Recent Key Items: Reported strong Q3 2021 net income of $31.7 million ($0.53 per diluted share) driven by increased sales, higher realized pricing, and a $22.7 million non-cash deferred tax benefit; Generated $10.0 million ($0
- VAALCO SCHEDULES THIRD QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALLHOUSTON, Oct. 19, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its third quarter 2021 earnings release and conference call. The Company will issue its third quarter 2021 earnings release on Wednesday, November 3, 2021 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Thursday morning, November 4, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may part
- VAALCO Energy, Inc. Announces Second Quarter 2021 ResultsHOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) today reported operational and financial results for the second quarter of 2021. Highlights and Recent Key Items: Reported strong Q2 2021 net income of $5.9 million ($0.10 per diluted share) and Adjusted Net Income(1) of $8.4 million ($0.14 per diluted share);Generated continued strong Adjusted EBITDAX(1) of $21.9 million in Q2 2021 and has now generated $40.0 million in the first half of 2021, more than VAALCO generated in full years 2019 or 2020;Sold 642,000 barrels of oil in Q2 2021, an increase of 4% over the first quarter of 2021 and above the high end of 2Q 2021 guidance; Produced 8,018 net reven
- VAALCO Schedules Second Quarter 2021 Earnings Release And Conference CallHOUSTON, July 28, 2021 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced the timing of its second quarter 2021 earnings release and conference call. The Company will issue its second quarter 2021 earnings release on Wednesday, August 11, 2021 after the close of trading on the New York Stock Exchange and host a conference call to discuss its financial and operational results on Thursday morning, August 12, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time and 3:00 p.m. London Time.) Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may particip