Vaalco Energy Inc /De/EGY

NYSEEnergyCrude Petroleum & Natural Gas

Price (close)

$5.94

Market cap

$624.8M

P/E

—

Revenue (TTM)

$349.8M

Net income

-$108.8M

Dividend yield

4.24%

1-year total return

47.5%

Net margin

-31.1%

Revenue growth

-25.5%

Debt / equity

0.47x

What Vaalco Energy Inc /De/ does.

We are an independent energy company headquartered in Houston, Texas engaged in the acquisition, exploration, development and production of crude oil, natural gas and NGLs. We have a diversified, African-focused portfolio of production, development and exploration assets located in Gabon, Egypt, Cote d'Ivoire, Equatorial Guinea, Nigeria, as well as, prior to the Canada Asset Divestment (defined below), producing properties in Canada.

Our overall business strategy is to maximize the value of our current resources and expand into new development opportunities across our strategically complementary asset base. We intend to accelerate shareholder returns and increase shareholder value by controlling operating costs and capital expenditures, maximizing reserve recoveries and making disciplined strategic accretive acquisitions that meet our strategic and financial objectives. Specifically, we seek to:

• Focus on maintaining production and lowering costs to increase margins and preserve optionality to capitalize on an increase in crude oil, natural gas and NGLs prices;

Revenue and profit, by fiscal year.

Fiscal year	2020	2021	2022	2023	2024	2025
Revenue	$67.2M	$199.1M	$354.3M	$455.1M	$479.0M	$359.3M
Net income	-$48.2M	$81.8M	$51.9M	$60.4M	$58.5M	-$41.4M
Free cash flow	$23.1M	$27.6M	$128.8M	$223.6M	—	—

More on EGY.

Figures from Vaalco Energy Inc /De/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.