Vaalco Energy Inc (EGY)
NYSE:EGY
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.04Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a net positive operational and financial picture: management delivered strong adjusted EBITDAX and cash generation in 2025, materially reduced Egyptian receivables, secured liquidity (RBL), expanded and derisked an attractive West Africa portfolio (operator roles in Kossipo and CI-705), and provided clear catalysts (Baobab FPSO return, Gabon drilling) expected to drive production and value in H2 2026–2027. Key negatives are the Q4 noncash impairment that produced a net loss, modest declines in proved and 2P reserves, one unsuccessful exploration well in Gabon, higher per-barrel costs, and larger-than-expected FPSO refurbishment costs that increase near-term CapEx. Overall, the positives (cash flow, reserve value increases in PV‑10, portfolio growth and execution track record) outweigh the temporary and mostly one-time negatives, supporting a constructive outlook as growth programs come online.Company Guidance
Strong adjusted EBITDAX and operating cash flow
Generated $173.4M adjusted EBITDAX in 2025 and $212.7M net cash from operating activities for the full year; over $750M adjusted EBITDAX generated over the past 3 years.
Production and sales above guidance
2025 sales of 17,452 net revenue interest (NRI) boe/d and production of 16,556 NRI boe/d (21,160 working interest boe/d), both above mid/high end of increased guidance.
Improved reserve value (PV-10) despite lower prices
SEC proved reserve PV-10 increased 8% year-over-year from $379M to $410M despite lower average SEC pricing (~$70/bbl); 2P CPR PV-10 increased 26% to $859M.
Portfolio expansion and operator positions
Named operator with 60% WI for Kossipo (CI-40) with gross 2C resources ~102MM boe (293MM boe in place); added CI-705 as operator with 70% WI; completed seismic programs in Gabon blocks Niosi and Guduma.
Balance sheet and liquidity actions
Unrestricted cash of $58.9M at 12/31/25 (increase of nearly $35M); new reserves-based lending facility with current commitment $255M and only $60M drawn at year-end 2025.
Receivables recovery in Egypt
EGPC receivables reduced from $113M at start of 2025 to $31M at year-end after collecting over $210M in 2025 (including a $40M industry payment).
Shareholder returns
Returned $26.5M in dividends in 2025 and more than $115M to shareholders since Q4 2021 via dividends and buybacks; Q4 2025 dividend $0.0625 per share.
Hedging program coverage
Secured costless collars covering ~50% of 2026 production with a floor around $65/bbl, providing downside protection amid market volatility.
Operational execution and upcoming growth catalysts
FPSO refurbishment at Baobab on track to restart field in Q2 2026; Phase 3 drilling in Gabon underway with expected production uplift in H2 2026 and into 2027; Egypt drilling program delivered >11,000 bbl/d in Q1 2026 (above budget).
EGY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EGY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 12, 2026 | $5.64 | $5.39 | -4.43% |
Nov 10, 2025 | $3.84 | $3.69 | -4.03% |
Aug 07, 2025 | $3.40 | $3.58 | +5.33% |
May 08, 2025 | $3.22 | $3.21 | -0.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vaalco Energy Inc (EGY) report earnings?
Vaalco Energy Inc (EGY) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Vaalco Energy Inc (EGY) earnings time?
Vaalco Energy Inc (EGY) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EGY EPS forecast?
EGY EPS forecast for the fiscal quarter 2026 (Q1) is 0.04.