VAALCO Energy reports news on its independent oil and gas business, including production, development and exploration activity across an African-focused portfolio. Recurring updates cover offshore Gabon operations at the Etame field and related drilling activity, portfolio developments in Egypt and Côte d’Ivoire, and broader operational results tied to crude oil, natural gas and natural gas liquids sales.
Company announcements also address quarterly earnings releases, conference calls, capital-structure matters, governance updates and capital allocation themes such as dividends and share repurchases. VAALCO’s news flow commonly links field activity, production performance and cash-generation priorities with its multi-country asset base.
Vaalco Energy (EGY) will release its third-quarter 2026 earnings on November 5, 2026, after the New York Stock Exchange closes.
The company will discuss its financial and operational results on November 6, 2026 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time and 2:00 p.m. London Time). The call will be webcast on Vaalco’s website, where an audio replay will be available afterward.
VAALCO Energy (EGY) completed its offshore Gabon Phase 3 drilling program and brought the final development well, ETSEM-3H, into production. The well achieved a stabilized initial flow rate of approximately 2,000 gross barrels of oil per day, with 1,140 barrels per day net to VAALCO. The Borr Norve drilling rig has been demobilized from the field.
Offshore Côte d’Ivoire, Baobab Phase 5 drilling has begun with the operator drilling the upper sections of the wells. Once all upper sections are drilled, the wells will be completed and brought into production sequentially. VAALCO anticipates the first new producer online near the end of 2026 and expects production increases in 2027.
Vaalco Energy (NYSE: EGY) reported Q2 2026 net income of $42.4 million ($0.39 per diluted share), versus a Q1 2026 net loss of $93.8 million and Q2 2025 net income of $8.4 million. According to Vaalco, Adjusted EBITDAX rose to $54.8 million, up nearly five-fold from $11.6 million in Q1 2026 and 10% above Q2 2025.
The company sold 17,812 NRI BOEPD, 47% above Q1 2026, with realized prices at $80.77/BOE. It invested $103.6 million in capex, restarted Baobab production in Côte d’Ivoire, advanced drilling in Gabon and Egypt, reduced Egyptian receivables to $12.9 million, affirmed higher 2026 production and sales guidance, and declared a quarterly dividend of $0.0625 per share.
Vaalco Energy (NYSE: EGY, LSE: EGY) declared a third quarter 2026 quarterly cash dividend of $0.0625 per common share, equivalent to $0.25 on an annualized basis. The dividend is payable on September 22, 2026 to shareholders of record as of August 21, 2026.
According to Vaalco, this represents its 19th consecutive quarterly dividend. The company states it aims to balance ongoing capital investment across its asset base in Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea with providing shareholder returns. Future dividends remain subject to Board approval.
Vaalco Energy (NYSE: EGY, LSE: EGY) announced operational progress in its offshore Gabon drilling program. The Company drilled, completed and brought onstream the ETBNM-3 gas-supply well in the crestal North Tchibala structure from the Dentale D-15 reservoir, where reservoir properties exceeded pre-drill estimates and delivered over 10 meters of net pay.
The well is expected to supply gas for field operations, liftings and power, reducing reliance on higher-priced diesel. Vaalco also moved the rig on 27 July to the SEENT platform to drill the ETSEM-3PH pilot hole, designed to test the oil-water contact and Dentale potential before a planned 300-meter horizontal Gamba development well.
Vaalco (NYSE: EGY; LSE: EGY) will release its second quarter 2026 earnings after the NYSE close on Thursday, August 6, 2026, and will host a conference call on Friday, August 7, 2026 at 8:00 a.m. CT (9:00 a.m. ET, 2:00 p.m. London Time). The call will be accessible via US, UK and international dial-in numbers and will be webcast on the company’s website, where an audio replay will also be available.
VAALCO Energy (NYSE:EGY) will participate in non-deal roadshow meetings with prospective investors in New York on June 24–25, 2026. The company has also posted an updated investor presentation on its website for shareholders and analysts.
Vaalco Energy (NYSE:EGY) reported strong operational updates in offshore Gabon and onshore Egypt. The Ebouri-5H well delivered an initial rate above 8,000 gross BOPD (4,700 BOPD net) with 300 meters of net pay, while Egypt’s HE-9 well flowed 529 gross BOPD, above expectations.
Vaalco Energy (NYSE: EGY) reported that production at the Baobab field on the CI-40 block offshore Côte d’Ivoire has resumed after refurbishment of the Baobab Ivoirien FPSO.
Four wells are producing, three more are expected online soon, and Phase 5 drilling is planned for second-half 2026.
Vaalco Energy (NYSE: EGY) reported Q1 2026 results and 2026 guidance updates. Key metrics: $78.1M capital investment; net loss $93.8M (includes $94.2M derivative/exploration expense); Adjusted EBITDAX $11.6M; Q1 production 15,110 NRI BOEPD; divested Canadian assets for $25.5M; declared $0.0625 quarterly dividend; increased full‑year 2026 production and sales guidance (midpoint: +8% production, +12% sales).
Operationally, Etame 14H and 15H wells placed on production and Baobab FPSO dry dock work completed; Côte d’Ivoire restart expected Q2 2026.