Vaalco Energy (NYSE:EGY) Posts Earnings Results, Misses Expectations By $0.20 EPS

Key Points

• Vaalco reported a third-quarter loss of $0.10 per share, missing analysts’ $0.10-per-share profit estimate; derivative losses were cited as a drag on earnings.
• Revenue of $146.97 million topped the $134.05 million consensus, while production rose 21% year over year and adjusted EBITDAX increased 30%.
• The company declared a quarterly dividend of $0.0625 per share, equivalent to an annualized yield of about 4.6%; a final investment decision for the Venus project remains targeted before year-end 2026.

Vaalco Energy (NYSE:EGY - Get Free Report) released its quarterly earnings results on Thursday. The energy company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.20), FiscalAI reports. The business had revenue of $146.97 million for the quarter, compared to the consensus estimate of $134.05 million. Vaalco Energy had a negative net margin of 31.11% and a negative return on equity of 14.36%.

Vaalco Energy Price Performance

Shares of NYSE:EGY traded up $0.01 during trading on Friday, reaching $5.38. The company had a trading volume of 1,891,390 shares, compared to its average volume of 1,301,958. The firm's fifty day moving average is $6.02 and its 200 day moving average is $5.65. The firm has a market capitalization of $566.45 million, a PE ratio of -3.71 and a beta of 0.21. Vaalco Energy has a twelve month low of $3.36 and a twelve month high of $6.72. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.41 and a current ratio of 0.44.

Vaalco Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 22nd. Stockholders of record on Friday, November 20th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, November 20th. Vaalco Energy's dividend payout ratio is currently -17.24%.

Vaalco Energy News Summary

Here are the key news stories impacting Vaalco Energy this week:

• Positive Sentiment: Third-quarter production rose 21% year over year and adjusted EBITDAX increased 30%, signaling stronger operating performance. Revenue of about $147 million also exceeded analyst expectations of roughly $134 million. Vaalco Energy Reports 21% Rise in Q3 Production and 30% Increase in Adjusted EBITDAX
• Positive Sentiment: VAALCO forecast fourth-quarter 2026 net revenue interest sales of 21,000–22,800 BOE per day, an outlook that could support expectations for continued sales growth. VAALCO forecasts Q4 2026 sales
• Positive Sentiment: The company declared a quarterly dividend of $0.0625 per share, payable December 22 to shareholders of record November 20. VAALCO declares fourth-quarter 2026 dividend
• Neutral Sentiment: VAALCO said a final investment decision for the Venus project remains targeted before year-end 2026. The timing is a potential catalyst, but the decision has not yet been made. VAALCO forecasts Q4 sales and discusses Venus FID timing
• Negative Sentiment: The company reported a third-quarter loss of $0.10 per share, missing analyst estimates. Reports attributed pressure on earnings to derivative losses, despite the revenue beat. VAALCO reports Q3 loss, tops revenue estimates

Wall Street Analyst Weigh In

EGY has been the subject of a number of recent analyst reports. Weiss Ratings raised Vaalco Energy from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, October 14th. Wall Street Zen raised Vaalco Energy from a "sell" rating to a "hold" rating in a research note on Saturday, August 15th. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $7.30.

Vaalco Energy Company Profile

Vaalco Energy, Inc is an independent energy company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. The company focuses primarily on producing assets and development opportunities in Africa and other international markets.

Vaalco has historically operated offshore Gabon, where it developed and produced oil from the Etame Marin field. The company has also expanded its international portfolio through interests and operations in Egypt, Equatorial Guinea and Côte d'Ivoire.

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