Vaalco Energy (EGY) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On t ...

HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced that it has closed the acquisition of Svenska Petroleum Exploration AB ("Svenska"), an exploration and production ("E&P") company based in Stockholm, Sweden (the "Acquisition"). As previously disclosed, Svenska's primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. Net purchase pric ...

HOUSTON, April 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Group") today announced that it has issued its 2023 Sustainability Report, which is now available on VAALCO's web site, www.vaalco.com, within the Sustainability section. The report covers VAALCO's environmental, social and governance ("ESG") initiatives and related key performance indicators for the financial year 2023. During 2023, the business greatly enhanced its leadership team, appointing new Group ...

HOUSTON, 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 ...

HOUSTON, 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 ...

HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today announced that all partners have signed the final documents and the Government of Equatorial Guinea has approved the Joint Operating agreement ("JOA") related to the previously approved Venus-Block P Plan of Development ("POD"). The Block P Production Sharing Contract ("PSC") provides for a development and production period of 25 years from the date of approval of the POD. George Maxwell, ...

If soaring consumer prices got you down, you may want to consider these value stocks under $20. Sure, the market may be booming during this unique post-pandemic cycle. Still, there’s always an opportunity to be discovered.Basically, it comes down to simple math. I can’t nail down a specific number. But apparently, if you include the pink sheets – that is, the over-the-counter (OTC) securities – there are more than 10,000 publicly traded companies available for retail investors.You’re telling me that no good ...

Our absolute operating costs are expected to remain in line with 2023, but we are projecting our per barrel oil equivalent range to potentially increase slightly due to less projected revenue barrels. We're also expecting small increases in absolute G&A and per barrel of oil equivalent G&A costs, primarily due to resourcing requirements. In closing, we continue to trade at a very low multiple of EBITDAX despite having a strong dividend yield and being bank debt free. At year-end 2023, we had over $120 milli ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ 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. (Exact name of registrant as specified on its charter) Delaware 76-0274813 (State or other jurisdiction of ( ...

Vaalco Energy (EGY) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 146.67%. A quarter ago, it was expected that this oil and natural gas explorer would post earnings of $0.14 per share when it actually produced earnings of $0.07, delivering a surprise of -50%.Over the last four quart ...