Company Overview - VAALCO Energy, Inc. (EGY) is currently experiencing significant activity in the options market, particularly with the April 17, 2025 $2 Call option showing high implied volatility, indicating potential for a major price movement [1] Implied Volatility Insights - Implied volatility reflects market expectations for future price movements, suggesting that investors anticipate a significant change in VAALCO Energy's stock price, possibly due to an upcoming event [2] Analyst Sentiment - VAALCO Energy holds a Zacks Rank of 4 (Sell) within the Oil and Gas - Exploration and Production - International industry, which is positioned in the bottom 21% of the Zacks Industry Rank [3] - Over the past 60 days, there have been no increases in earnings estimates for the current quarter, with one analyst reducing estimates, leading to a decline in the Zacks Consensus Estimate from 11 cents per share to 5 cents [3] Trading Strategy Implications - The high implied volatility may indicate a trading opportunity, as options traders often seek to sell premium on options with elevated implied volatility, aiming to benefit from the decay of option value if the stock does not move as expected [4]

Core Points - Vaalco Energy, Inc. has announced a significant milestone in its Côte d'Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project [1] - The FPSO Baobab Ivoirien MV10 ceased hydrocarbon production as scheduled on January 31, 2025, with the final lifting of crude oil expected around February 6, 2025 [2] - The project team has begun mobilization efforts for the safe disconnection of the FPSO, which is planned to be wet towed to Dubai for refurbishment after departing the field on March 24, 2025 [3] - The CEO of Vaalco expressed satisfaction with the project's progress, indicating that the refurbishment will allow production to continue until at least 2038, pending regulatory approvals [4] - The company has already recouped 1.8 times its initial net investment in Côte d'Ivoire within eight months of closing the acquisition, with asset performance exceeding expectations [4][11] Company Overview - Vaalco Energy, Inc. is an independent energy company based in Houston, Texas, with a diverse portfolio of production, development, and exploration assets across multiple countries including Gabon, Egypt, Côte d'Ivoire, Equatorial Guinea, Nigeria, and Canada [5]

Core Insights - Vaalco Energy, Inc. has announced a significant milestone in its Côte d'Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project [1] - The FPSO Baobab Ivoirien MV10 has ceased hydrocarbon production as scheduled on January 31, 2025, with the final lifting of crude oil expected around February 6, 2025 [2] - The vessel will be wet towed to shipyards in Dubai for refurbishment after its departure from the field on March 24, 2025 [3] - The CEO of Vaalco expressed satisfaction with the project's progress, indicating that the refurbishment will allow production to continue until at least 2038, pending regulatory approvals [4] - The company has already achieved a payback of 1.8 times its initial net investment in Côte d'Ivoire within eight months of closing the acquisition, with performance exceeding expectations [4][11] Company Overview - Vaalco Energy, Inc. is an independent energy company based in Houston, Texas, with a diverse portfolio of production, development, and exploration assets across multiple countries including Gabon, Egypt, Côte d'Ivoire, Equatorial Guinea, Nigeria, and Canada [5]

Group 1 - The article discusses the analysis of oil and gas companies, specifically Vaalco Energy, focusing on identifying undervalued companies in the sector [1] - The analysis includes a breakdown of essential aspects such as balance sheets, competitive positions, and development prospects of these companies [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the need for patience and experience in navigating this market [2] Group 2 - The article mentions that the author has a beneficial long position in the shares of EGY, indicating a personal investment interest in the company [3] - It is noted that the article reflects the author's own opinions and is not influenced by compensation from any company mentioned [3] - The content does not provide specific investment advice or recommendations, urging investors to conduct their own research [4][5]

HOUSTON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY)) ("Vaalco" or the "Company") today provided an operational update that included record production and sales volumes for 2024. Highlights and Key Items: Recorded full year 2024 sales volumes of 24,100 to 24,600 working interest ("WI") barrels of oil equivalent per day ("BOEPD"), at the midpoint of its guidance range of 23,500 to 25,100 WI BOEPD; Full year 2024 sales volumes were 19,400 to 19,800 net revenue interest ("NRI") B ...

VAALCO Energy Inc. (EGY) , an independent exploration and production firm, has signed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited, to execute its 2025/2026 drilling schedule. The company’s 2025/2026 drilling program will be conducted in Gabon. It is anticipated to start in mid-2025.The contract with Borr Drilling involves drilling many development wells alongside appraisal and exploration wells. It also includes workovers to be performed by VAALCO and options for drilling ad ...

HOUSTON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced that, in conjunction with its 2025/2026 drilling program planned to begin mid-2025 in Gabon, it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited (“Borr”), to drill multiple development wells and appraisal/exploration wells, as well as perform workovers, with options to drill additional wells. George Maxwell, Vaalco’s Chief Executive Officer ...

HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) on Tuesday, November 19, 2024 at 11:00 a.m. Eastern (10:00 a.m. central and 4 p.m. London). As part of WTR’s ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead a conversation with George Maxwell, Vaalco’s Chief Executive Officer and Director to discuss the Company’s prelimi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-32167 ______________________ | --- | --- | |-- ...

VAALCO Energy, Inc. (NYSE:EGY) Q3 2024 Results Conference Call November 12, 2024 10:00 AM ET Company Participants Chris Delange - IR George Maxwell - CEO Ron Bain - CFO Conference Call Participants Jeff Robertson - Water Tower Research Christopher Wheaton - Stifel Charlie Sharp - Canaccord Stephane Foucaud - Auctus Advisors Bill Dezellem - Tieton Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the VAALCO Energy Third Quarter 2024 Conference Call. [Operator Instructions]. Thi ...