VAALCO Energy Future Growth

Future criteria checks 0/6

VAALCO Energy's revenue and earnings are forecast to decline at 7.3% and 3.2% per annum respectively while EPS is expected to grow by 0.4% per annum.

Key information

-3.2%

Earnings growth rate

0.4%

EPS growth rate

Oil and Gas earnings growth	11.2%
Revenue growth rate	-7.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	13 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

LSE:EGY - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	450	104	9	180	2
12/31/2025	403	44	34	201	4
12/31/2024	452	76	44	169	2
9/30/2024	506	90	40	121	N/A
6/30/2024	482	85	76	167	N/A
3/31/2024	475	64	117	203	N/A
12/31/2023	455	60	126	224	N/A
9/30/2023	403	34	38	171	N/A
6/30/2023	364	35	-17	137	N/A
3/31/2023	366	43	7	172	N/A
12/31/2022	354	51	-31	129	N/A
9/30/2022	314	68	21	133	N/A
6/30/2022	292	92	33	106	N/A
3/31/2022	228	83	4	48	N/A
12/31/2021	199	81	11	50	N/A
9/30/2021	155	43	22	55	N/A
6/30/2021	118	20	-11	20	N/A
3/31/2021	89	15	-30	2	N/A
12/31/2020	67	-48	3	27	N/A
9/30/2020	77	-43	-13	16	N/A
6/30/2020	76	-55	1	30	N/A
3/31/2020	83	-56	19	41	N/A
12/31/2019	85	-3	16	26	N/A
9/30/2019	90	6	26	30	N/A
6/30/2019	98	88	9	23	N/A
3/31/2019	97	90	21	36	N/A
12/31/2018	105	98	23	37	N/A
9/30/2018	94	91	28	42	N/A
6/30/2018	87	13	N/A	37	N/A
3/31/2018	83	14	N/A	20	N/A
12/31/2017	77	10	N/A	9	N/A
9/30/2017	75	3	N/A	0	N/A
6/30/2017	72	5	N/A	-3	N/A
3/31/2017	70	2	N/A	1	N/A
12/31/2016	60	-18	N/A	0	N/A
9/30/2016	62	-85	N/A	1	N/A
6/30/2016	65	-92	N/A	14	N/A
3/31/2016	73	-97	N/A	39	N/A
12/31/2015	80	-121	N/A	39	N/A
9/30/2015	86	-148	N/A	6	N/A
6/30/2015	93	-139	N/A	10	N/A
3/31/2015	118	-110	N/A	46	N/A
12/31/2014	128	-74	N/A	23	N/A
9/30/2014	163	47	N/A	93	N/A
6/30/2014	176	46	N/A	126	N/A
3/31/2014	153	29	N/A	61	N/A
12/31/2013	169	43	N/A	75	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EGY's earnings are forecast to decline over the next 3 years (-3.2% per year).

Earnings vs Market: EGY's earnings are forecast to decline over the next 3 years (-3.2% per year).

High Growth Earnings: EGY's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EGY's revenue is expected to decline over the next 3 years (-7.3% per year).

High Growth Revenue: EGY's revenue is forecast to decline over the next 3 years (-7.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if EGY's Return on Equity is forecast to be high in 3 years time

VAALCO Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Third Quarter of Fiscal Year 2024

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Second Quarter and Full Year of 2024

VAALCO Energy, Inc. Provides Production and Sales Guidance for the First Quarter and Full Year 2024

VAALCO Energy, Inc. Provides Consolidated Production and Sales Guidance for the Fourth Quarter and Full Year 2023

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Third Quarter of Fiscal 2023

Price target decreased by 7.3% to UK£6.77

Recent updates

New major risk - Revenue and earnings growth

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy, Inc. Announces Quarterly Cash Dividend, Payable on December 20, 2024

VAALCO Energy, Inc. to Report Q3, 2024 Results on Nov 11, 2024

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Third Quarter of Fiscal Year 2024

VAALCO Energy, Inc. Declares Cash Dividend for the Third Quarter of 2024, Payable on September 20, 2024

VAALCO Energy, Inc. to Report Q2, 2024 Results on Aug 06, 2024

VAALCO Energy, Inc. Announces Successful Drilling Campaign Results in Canada

First quarter dividend of US$0.063 announced

First quarter 2024 earnings released: EPS: US$0.074 (vs US$0.032 in 1Q 2023)

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Second Quarter and Full Year of 2024

VAALCO Energy, Inc. completed the acquisition of Svenska Petroleum Exploration AB from Petroswede AB for approximately $40.2 million.

VAALCO Energy, Inc., Annual General Meeting, Jun 06, 2024

VAALCO Energy, Inc. to Report Q1, 2024 Results on May 07, 2024

VAALCO Energy, Inc. Announces Executive Changes

Investor sentiment improves as stock rises 18%

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Now 26% overvalued after recent price rise

VAALCO Energy, Inc. Provides Production and Sales Guidance for the First Quarter and Full Year 2024

VAALCO Energy, Inc. to Report Q4, 2023 Results on Mar 13, 2024

VAALCO Energy, Inc. entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB from Petroswede AB for approximately $66.5 million.

Upcoming dividend of US$0.063 per share

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024

Upcoming dividend of US$0.063 per share at 6.0% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

VAALCO Energy, Inc. Provides Consolidated Production and Sales Guidance for the Fourth Quarter and Full Year 2023

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on December 21, 2023

VAALCO Energy, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.063 per share at 5.3% yield

Investor sentiment improves as stock rises 17%

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Third Quarter of Fiscal 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy, Inc. Declares Quarterly Cash Dividend, Payable on September 22, 2023

VAALCO Energy, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Price target decreased by 7.3% to UK£6.77

Price target decreased by 11% to UK£6.87

Upcoming dividend of US$0.063 per share at 6.5% yield

VAALCO Energy, Inc. Provides Production and Sales Guidance for the Second Quarter and Full Year of Fiscal 2023

First quarter 2023 earnings: EPS and revenues miss analyst expectations

VAALCO Energy, Inc. Declares Quarterly Dividend for the Second Quarter of 2023, Payable on June 23, 2023

VAALCO Energy, Inc. to Report Q1, 2023 Results on May 09, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of US$0.063 per share at 5.9% yield

VAALCO Energy, Inc. Increases Cash Dividend for the First Quarter of 2023, Payable on March 31, 2023

VAALCO Energy, Inc. Provides an Operational Update Including Additional Information on the North Tchibala 2H-ST well

CEO & Director recently bought UK£94k worth of stock

Upcoming dividend of US$0.033 per share

Less than half of directors are independent

VAALCO Energy, Inc. Announces the Promotion of Thor Pruckl to Chief Operating Officer

VAALCO Energy, Inc. Provides Production Guidance for Fourth Quarter 2022

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy, Inc. to Report Q3, 2022 Results on Nov 08, 2022

VAALCO Energy Inc. Declares Quarterly Cash Dividend for the Fourth Quarter of 2022, Payable on December 22, 2022

Matthew Powers Joins VAALCO Energy, Inc. as Executive Vice President and General Counsel

Less than half of directors are independent

VAALCO Energy, Inc. Announces Board Appointments

Price target decreased to UK£8.85

VAALCO Energy Announces Successful Drilling of North Tchibala 2H-ST Well and Provides Operational Update on FSO and Field Reconfiguration at Etame

VAALCO Energy, Inc. Announces Approval of Plan of Development for Discovery on Block P in Equatorial Guinea

VAALCO Energy Announces Approval of Plan of Development for Discovery on Block P in Equatorial Guinea

VAALCO Energy, Inc. Announces Michael Silver's Intention to Leave

Upcoming dividend of US$0.033 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

VAALCO Energy Inc. Declares Quarterly Dividend, Payable on September 23, 2022

VAALCO Energy, Inc. Revises Production Guidance for the Full Year of 2022

VAALCO Energy, Inc. to Report Q2, 2022 Results on Aug 10, 2022

VAALCO Energy, Inc. Provides Preliminary Production Guidance for the Second Quarter of 2022 and Initial Production Guidance for the Full Year 2022

VAALCO Energy, Inc. Announces Successful Completion of South Tchibala 1Hb-St Well and Provides Operational Update