VAALCO Energy, Inc. (EGY)

VAALCO Energy, Inc. (NYSE:EGY ) Q2 2025 Earnings Conference Call August 8, 2025 10:00 AM ET Company Participants Chris Delange - Corporate Participant George Walter-Mitchell Maxwell - CEO & Director Ronald Y. Bain - Chief Financial Officer Thor Pruckl - Chief Operating Officer Conference Call Participants Charlie Sharp - Canaccord Genuity Corp., Research Division Christopher Courtenay Wheaton - Stifel, Nicolaus & Company, Incorporated, Research Division Jeffrey Woolf Robertson - Water Tower Research LLC Stephane Guy Patrick Foucaud - Auctus Advisors LLP, Research Division Operator Good morning, and welcome to VAALCO Energy's Second Quarter 2025 Earnings Conference Call.

Vaalco Energy (EGY) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.22 per share a year ago.

HOUSTON, 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.

HOUSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced that it declared its quarterly cash dividend of $0.0625 per share of common stock for the third quarter of 2025 ($0.25 annualized), which is payable on September 19, 2025, to stockholders of record at the close of business on August 22, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

Vaalco Energy (EGY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HOUSTON, 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.

U.S. oil and gas company VAALCO Energy has begun refurbishing its FPSO facility at the Baobab field in Block CI-40, offshore Ivory Coast. The modernization is set to increase production beyond the current 2,891 barrels of oil equivalent per day and extend the field’s economic life. A new drilling campaign is planned for 2026 to further develop both the Baobab field and the nearby Kossipo discovery. In addition, VAALCO farmed into Block CI-705 as operator in March 2025, reinforcing its long-term commitment to Ivory Coast’s energy sector.In line with the African Energy Week: Invest in African Energies agenda — which centers on maximizing resource development to end energy poverty and drive industrial growth — VAALCO Energy is participating in the 2025 edition as a Platinum Partner. Held under the theme, Invest in African Energy: Positioning Africa as the Global Energy Champion, this year’s event will spotlight the contributions of companies like VAALCO in unlocking the continent’s estimated 125 billion barrels of crude oil and 620 trillion cubic feet of natural gas. With over 600 million people in Africa lacking access to reliable electricity and 900 million without clean cooking solutions, Africa’s hydrocarbon resources remain critical to closing the energy access gap. aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); Recognizing this, VAALCO is expanding its investments and footprint across key African markets. In Gabon, the company operates the Etame Marin block with a 58.8% working interest and is preparing to launch a new drilling campaign in Q3 2025. To support its efforts in both Gabon and Ivory Coast, VAALCO secured a $300 million revolving credit facility from Standard Bank of South Africa in March 2025. In Egypt, VAALCO brought five new wells online in 2025, boosting daily output and enhancing regional energy stability. The company also identified new reserves and a production zone during a Q4 2024 exploration campaign. Its Egyptian portfolio spans the Eastern Desert — including the West Gharib, West Bakr and North West Gharib concessions — as well as the South Ghazalat concession in the Western Desert. Meanwhile, in Equatorial Guinea, VAALCO is progressing toward FID for the Venus field development in Block P, with front-end engineering and design currently underway. Drilling is set to commence following FID, with first oil targeted for 2026. As the company scales up its operations across the continent, AEW: Invest in African Energies offers a strategic platform for VAALCO to engage with partners, investors, buyers and regulators and to solidify its role in advancing Africa’s industrialization. "VAALCO Energy’s growing footprint across Africa speaks to the vast opportunities available on the continent. Their commitment to investing in infrastructure, boosting production and supporting local economies aligns perfectly with our mission to position Africa as a global energy frontier," states Tomás Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber. About African Energy Week: AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.© African Press Organization, source Press Releases

Despite oil headwinds, VET, EGY and CRNCY stand out in the Zacks Oil and Gas - International E&P industry for strong cash flow and smart asset management.

Vaalco Energy is a debt-free oil producer with a 6.7% yield, overlooked due to its diverse production mix in Africa. The stock trades at just 2x EBITDA, despite significant offshore production being temporarily shut-in for maintenance. Once offshore production returns by mid-next year, cash flows are set to expand rapidly given the low-cost profile.

Vaalco Energy management successfully treated a sour crude well, boosting production and exceeding guidance. EGY's balance sheet remains strong with cash and no debt. Temporary negative production comparisons are expected due to FPSO refurbishment.

EGY's plans in Cote d'Ivoire involve the refurbishment of the FPSO at the Baobab field in Block CI-40. In Gabon, EGY is gearing up for the 2025/2026 drilling program.

VAALCO Energy, Inc. (NYSE:EGY ) Q1 2025 Results Conference Call May 9, 2025 10:00 AM ET Company Participants Chris Delange - Investor Relations Coordinator George Maxwell - Chief Executive Officer and Director Ronald Bain - Chief Financial Officer Conference Call Participants Jeff Robertson - Water Tower Research Stephane Foucaud - Auctus Advisor Chris Wheaton - Stifel Operator Good morning, and welcome to VAALCO Energy's First Quarter 2025 Conference Call. All participants will be in listen-only mode.

Vaalco Energy (EGY) came out with quarterly earnings of $0.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.06 per share a year ago.

HOUSTON, 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.

HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today announced that it declared its quarterly cash dividend of $0.0625 per share of common stock for the second quarter of 2025 ($0.25 annualized), which is payable on June 27, 2025, to stockholders of record at the close of business on May 23, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

HOUSTON, May 07, 2025 (GLOBE NEWSWIRE) -- Vaalco Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) today provided additional details regarding its Capital Markets Day presentation on Wednesday, May 14, 2025. The presentation will begin at 8 a.m. Central Time (2 p.m. London Time) and is expected to conclude by around 10:00 a.m. Central Time (4 p.m. London Time).