VAALCO Energy, Inc. Declares Third Quarter 2025 Dividend
VAALCO Energy (NYSE: EGY) has declared a quarterly cash dividend of $0.0625 per share for the third quarter of 2025, payable on September 19, 2025, to stockholders of record as of August 22, 2025. This marks the company's 15th consecutive quarterly dividend, with an annualized rate of $0.25 per share.
CEO George Maxwell emphasized the company's commitment to maintaining meaningful dividends despite weaker commodity prices. The company is implementing a capital program over the next 18 months aimed at growing production and revenue to support continued shareholder returns.
VAALCO Energy (NYSE: EGY) ha dichiarato un dividendo trimestrale in contanti di 0,0625 $ per azione per il terzo trimestre del 2025, pagabile il 19 settembre 2025 agli azionisti registrati al 22 agosto 2025. Questo rappresenta il 15° dividendo trimestrale consecutivo della società, con un tasso annualizzato di 0,25 $ per azione.
Il CEO George Maxwell ha sottolineato l'impegno dell'azienda a mantenere dividendi significativi nonostante i prezzi delle materie prime più deboli. La società sta attuando un programma di investimenti nei prossimi 18 mesi volto ad aumentare la produzione e i ricavi per sostenere continui ritorni agli azionisti.
VAALCO Energy (NYSE: EGY) ha declarado un dividendo trimestral en efectivo de 0,0625 $ por acción para el tercer trimestre de 2025, pagadero el 19 de septiembre de 2025 a los accionistas registrados al 22 de agosto de 2025. Esto marca el 15º dividendo trimestral consecutivo de la compañía, con una tasa anualizada de 0,25 $ por acción.
El CEO George Maxwell destacó el compromiso de la empresa de mantener dividendos significativos a pesar de los precios más bajos de las materias primas. La compañía está implementando un programa de capital durante los próximos 18 meses destinado a aumentar la producción y los ingresos para respaldar retornos continuos a los accionistas.
VAALCO Energy (NYSE: EGY)는 2025년 3분기 분기로 주당 0.0625달러의 현금 배당금을 선언했으며, 2025년 9월 19일에 2025년 8월 22일 기준 주주들에게 지급됩니다. 이는 회사의 15번째 연속 분기 배당으로, 연 환산 배당률은 주당 0.25달러입니다.
CEO 조지 맥스웰은 원자재 가격이 약세임에도 불구하고 의미 있는 배당금을 유지하려는 회사의 의지를 강조했습니다. 회사는 향후 18개월 동안 생산과 수익을 증가시켜 주주에게 지속적인 수익을 제공하기 위한 자본 프로그램을 실행하고 있습니다.
VAALCO Energy (NYSE : EGY) a déclaré un dividende trimestriel en espèces de 0,0625 $ par action pour le troisième trimestre 2025, payable le 19 septembre 2025 aux actionnaires inscrits au 22 août 2025. Il s'agit du 15e dividende trimestriel consécutif de la société, avec un taux annualisé de 0,25 $ par action.
Le PDG George Maxwell a souligné l'engagement de l'entreprise à maintenir des dividendes significatifs malgré la faiblesse des prix des matières premières. La société met en œuvre un programme d'investissement sur les 18 prochains mois visant à accroître la production et les revenus afin de soutenir des rendements continus pour les actionnaires.
VAALCO Energy (NYSE: EGY) hat für das dritte Quartal 2025 eine vierteljährliche Bardividende von 0,0625 $ pro Aktie angekündigt, zahlbar am 19. September 2025 an die Aktionäre, die am 22. August 2025 im Register stehen. Dies ist die 15. aufeinanderfolgende Quartalsdividende des Unternehmens mit einer annualisierten Rate von 0,25 $ pro Aktie.
CEO George Maxwell betonte das Engagement des Unternehmens, trotz schwächerer Rohstoffpreise bedeutende Dividenden beizubehalten. Das Unternehmen führt in den nächsten 18 Monaten ein Kapitalprogramm durch, das darauf abzielt, Produktion und Umsatz zu steigern, um weiterhin Aktionärsrenditen zu ermöglichen.
- None.
- Facing pressure from weaker commodity prices
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
George Maxwell, Vaalco’s Chief Executive Officer, commented, “We are pleased to announce our third quarter 2025 dividend, marking our 15th consecutive quarterly dividend. Maintaining a meaningful dividend remains our priority despite weaker commodity prices. We are investing in an exciting capital program over the next 18 months that is expected to provide growth in production and revenue that should allow us to continue to provide significant returns to our shareholders for years into the future.”
About Vaalco
Vaalco, founded in 1985 and incorporated under the laws of Delaware, is a Houston, Texas, USA based, independent energy company with a diverse portfolio of production, development and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria and Canada.
For Further Information
| Vaalco Energy, Inc. (General and Investor Enquiries) | +00 1 713 543 3422 |
| Website: | www.vaalco.com |
| Al Petrie Advisors (US Investor Relations) | +00 1 713 543 3422 |
| Al Petrie / Chris Delange | |
| Burson Buchanan (UK Financial PR) | +44 (0) 207 466 5000 |
| Ben Romney / Barry Archer | VAALCO@buchanan.uk.com |
Forward Looking Statements
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created by those laws and other applicable laws and may also include “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. All statements other than statements of historical fact may be forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,” “may,” “likely,” “plan” and “probably” or similar words may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements relating to expectations of future dividends to stockholders. Such forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: risks relating to any unforeseen liabilities of Vaalco; the ability to generate cash flows that, along with cash on hand, will be sufficient to support operations and cash requirements; risks relating to the timing and costs of completion for scheduled maintenance of the Floating Production Storage and Offloading vessel servicing the Baobab field; and the risks described under the caption “Risk Factors” in Vaalco’s 2024 Annual Report on Form 10-K filed with the SEC on March 17, 2025 and subsequent Quarterly Reports on Form 10-Q filed with the SEC.
Dividends beyond the third quarter of 2025 have not yet been approved or declared by the Board of Directors. The declaration and payment of future dividends remain at the discretion of the Board of Directors and will be determined based on Vaalco’s financial results, balance sheet strength, cash and liquidity requirements, future prospects, crude oil and natural gas prices, and other factors deemed relevant by the Board of Directors. The Board of Directors reserves all powers related to the declaration and payment of dividends. Consequently, in determining the dividend to be declared and paid on Vaalco’s common stock, the Board of Directors may revise or terminate the payment level at any time without prior notice.
Inside Information
This announcement contains inside information as defined in Regulation (EU) No. 596/2014 on market abuse which is part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”) and is made in accordance with the Company’s obligations under article 17 of MAR. The person responsible for arranging the release of this announcement on behalf of Vaalco is Matthew Powers, Corporate Secretary of Vaalco.
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