Every 8-K that Vaalco Energy, Inc. (EGY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow EGY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EGY filings page.
VAALCO Energy, Inc. reported strong second quarter 2026 results, with net income of $42.4 million or $0.39 per diluted share, compared with a Q1 2026 net loss of $93.8 million. Commodity sales rose to $135.2 million on NRI sales of 1.621 million BOE, with an average realized price of $80.77 per BOE.
The company produced 21,796 WI BOEPD or 16,688 NRI BOEPD, up about 10% versus Q1 2026, and generated Adjusted EBITDAX of $54.8 million, nearly five times Q1 2026 and above Q2 2025. Operations benefited from restarted Baobab production in Côte d’Ivoire, continued drilling in Gabon and Egypt, and the divestiture of Canadian assets for approximately $25.5 million.
For the first six months of 2026, VAALCO recorded a net loss of $51.3 million, largely due to losses on commodity derivatives and lower sales volumes, and used significant capital, with $181.6 million of property and equipment expenditures and Free Cash Flow of $(15.1) million. Long-term debt increased to $177.0 million, resulting in net debt of $146.6 million, while the company affirmed its increased full-year 2026 production and sales guidance and maintained a quarterly dividend of $0.0625 per share.
VAALCO Energy, Inc. updated its long-term incentive program for employees and directors by adopting new 2026 forms of equity award agreements under its 2020 Long Term Incentive Plan. These include a performance-based restricted stock agreement, a time-based restricted stock agreement, and a restricted stock unit (RSU) agreement.
The performance awards vest in three tranches when the stock price reaches 10%, 15%, and 20% above the grant price, measured using a 30-day average, with minimum one-, two-, and three-year timing floors. Time-based restricted stock and RSUs vest in three equal annual installments.
All three award types provide for full vesting upon a change in control, death, total and permanent disability, or a qualified retirement at or after age 65 with at least 10 years of service. Unvested awards generally terminate on other departures, and vested shares or settled RSUs are subject to a 365-day post-vesting holding period, subject to specified exceptions.
VAALCO Energy, Inc. held its Annual Meeting of Stockholders on June 4, 2026, where shareholders approved several key governance and compensation items. A total of 74,670,428 common shares were present in person or by proxy.
Stockholders approved Amendment No. 3 to the 2020 Long Term Incentive Plan, increasing shares authorized for issuance under the plan by 5,250,000 shares to a total of 20,000,000 shares, revising share reservation and recycling rules, and extending the plan’s term by ten years through June 4, 2036. All five director nominees were elected, KPMG LLP was ratified as independent registered public accounting firm for the year ending December 31, 2026, executive compensation was approved on an advisory basis, and every proposal received the requisite votes to pass.
Vaalco Energy reported a Q1 2026 net loss of $93.8 million (−$0.90 per share) on $62.6 million of commodity sales, driven largely by derivative losses and exploration expense. Production averaged 15,110 NRI BOEPD, with sales of 1.094 million BOE, both down versus 2025.
The company invested $78.1 million in capital, advancing its Gabon Phase Three drilling, Côte d’Ivoire FPSO refurbishment, and preparing a 2026 Egypt drilling program. It divested Canadian assets for $25.5 million, increased 2026 production and sales guidance, and maintained full-year capital guidance.
Vaalco ended the quarter with $48.0 million in cash, $152.0 million of long‑term debt, and net debt of about $104.0 million. Adjusted EBITDAX was $11.6 million. The board declared a quarterly dividend of $0.0625 per share, payable June 26, 2026.
VAALCO Energy, Inc. reported a positive operational update for early 2026, highlighting new production in Gabon and progress toward restarting output in Côte d’Ivoire. The Etame 14H development well in the Etame field was successfully drilled, completed and brought onstream in an attic position in high-quality Gamba sands.
The well has an initial flow rate of about 4,850 gross BOPD, of which 2,850 BOPD are net to Vaalco, and encountered 325 meters of net pay with better-than-expected reservoir quality. The company has mobilized the rig to the Ebouri platform to drill the EEBOM-5H development well and plans additional workovers.
In Côte d’Ivoire, the Baobab Ivorien FPSO completed a 47-day tow from Dubai back to the Baobab field and is fully moored, with riser and umbilical reconnection underway. Vaalco expects Baobab production to restart in Q2 2026 and believes combined contributions from Gabon and Côte d’Ivoire will make 2026 a very profitable year.
VAALCO Energy reported fourth quarter and full year 2025 results showing strong operational activity but a headline loss driven by non-cash items. For 2025, the company sold 17,452 net revenue interest barrels of oil equivalent per day and generated Adjusted EBITDAX of $173.4 million, yet recorded a net loss of $41.4 million or $0.40 per diluted share, mainly due to a $67.2 million impairment on Canadian assets that were later sold for $25.5 million.
Year-end 2025 SEC proved reserves were 43.0 million BOE, with a 66% reserve replacement ratio and a standardized measure of $410.0 million. Management’s 2P WI CPR reserves estimate was 90.7 MMBOE with PV-10 of $858.8 million, up 26% from 2024. The company entered a new reserves-based lending facility with a borrowing base increased to $255.0 million and had $60.0 million of long-term debt and net debt of about $1.1 million at year-end.
For 2026, VAALCO plans capital spending of $290–$360 million and guides to higher production across Gabon, Egypt, Côte d’Ivoire and Canada (through February), while maintaining a quarterly dividend of $0.0625 per share. Operationally, it advanced drilling in Gabon and Egypt, progressed the Baobab FPSO refurbishment in Côte d’Ivoire, was confirmed operator of the Kossipo field with a 60% working interest, and continued an active hedging program with most 2026 oil volumes hedged around $64 per barrel.
VAALCO Energy, Inc. agreed to sell all of its non-core producing properties in Canada to Petrus Resources for approximately C$35.0 million (USD $25.6 million) in cash, subject to customary closing adjustments. The effective date is February 1, 2026 and closing is expected within about 30 days, subject to customary conditions.
The Canadian assets currently produce about 1,850 BOEPD and have generated C$82 million (USD $64 million) in operational cash flow since acquisition. Management notes the sale price equals 2.7x trailing 12‑month operational cash flow of approximately $9.7 million USD and states that the transaction does not impact the company’s borrowing base, allowing focus on core assets and drilling campaigns.
VAALCO Energy, Inc. filed a current report to furnish a press release giving an operational and financial update for 2025. The update covers production and sales volumes, a successful drilling program in Gabon, a positive update on accounts receivable, and higher cash at bank as of December 31, 2025.
The company is providing this information under a results of operations and financial condition disclosure. The press release is furnished, not filed, which limits its use for certain legal liability purposes and for incorporation into other securities filings unless specifically referenced.
VAALCO Energy (EGY) reported that it issued a press release announcing its financial results for the third quarter of 2025 and provided guidance for the fourth quarter of 2025. The release is furnished as Exhibit 99.1 and is not deemed “filed” under the Exchange Act.
Presentation slides are available on the company’s website in the Investors section. The company will host a conference call on November 11, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern, 3:00 p.m. London) to discuss results and operations.