VAALCO Energy Past Earnings Performance

Past criteria checks 4/6

VAALCO Energy has been growing earnings at an average annual rate of 11.3%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 39.1% per year. VAALCO Energy's return on equity is 12.6%, and it has net margins of 13.1%.

Key information

11.3%

Earnings growth rate

5.7%

EPS growth rate

Oil and Gas Industry Growth	33.7%
Revenue growth rate	39.1%
Return on equity	12.6%
Net Margin	13.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Results: VAALCO Energy, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 17

VAALCO Energy, Inc. (NYSE:EGY) Stock Rockets 26% But Many Are Still Ignoring The Company

Mar 15

Vaalco Energy: Strong Balance Sheet, An Earnings Recovery Likely, Key Support In Play

Jul 26

Earnings Miss: VAALCO Energy, Inc. Missed EPS By 82% And Analysts Are Revising Their Forecasts

May 13

One VAALCO Energy, Inc. (NYSE:EGY) Analyst Just Slashed Their 2023 Revenue Estimates

Apr 19

Vaalco Energy: Hold On, The Industry Is Reshaping

Feb 03

Vaalco Energy: A New Company Is Born

Nov 10

VAALCO Energy declares $0.0325 dividend

Oct 31

Vaalco Energy: Equatorial Guinea Is A Go

Sep 27

With EPS Growth And More, VAALCO Energy (NYSE:EGY) Makes An Interesting Case

Sep 24

VAALCO Energy: Deep Value Earns Strongest Buy Recommendation In Energy Sector

Sep 16

VAALCO Energy: Excellent Quarter

Aug 22

VAALCO Energy declares $0.0325 dividend

Aug 08

VAALCO Energy: The Merger News Wiped Out $50 Million

Jul 29

Merger Time: Vaalco Buys TransGlobe Energy

Jul 15

VAALCO Energy (NYSE:EGY) Is Reinvesting At Lower Rates Of Return

Jun 22

Vaalco: Oil Play, Priced At Less Than 3x Free Cash Flow

Jun 21

Revenue & Expenses Breakdown
Beta

How VAALCO Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:EGY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	455	60	21
30 Sep 23	403	34	21
30 Jun 23	364	35	16
31 Mar 23	366	43	14
31 Dec 22	354	51	13
30 Sep 22	314	68	5
30 Jun 22	292	92	10
31 Mar 22	228	83	15
31 Dec 21	199	81	17
30 Sep 21	155	43	27
30 Jun 21	118	20	28
31 Mar 21	89	15	21
31 Dec 20	67	-48	15
30 Sep 20	77	-43	11
30 Jun 20	76	-55	9
31 Mar 20	83	-56	12
31 Dec 19	85	-3	15
30 Sep 19	90	6	18
30 Jun 19	98	88	14
31 Mar 19	97	90	13
31 Dec 18	105	98	11
30 Sep 18	94	91	12
30 Jun 18	87	13	12
31 Mar 18	83	14	10
31 Dec 17	77	10	11
30 Sep 17	75	3	11
30 Jun 17	72	5	10
31 Mar 17	70	2	11
31 Dec 16	60	-18	11
30 Sep 16	62	-85	10
30 Jun 16	65	-92	-6
31 Mar 16	73	-97	-6
31 Dec 15	80	-121	24
30 Sep 15	86	-148	26
30 Jun 15	93	-139	45
31 Mar 15	118	-110	47
31 Dec 14	128	-74	24
30 Sep 14	163	47	32
30 Jun 14	176	46	41
31 Mar 14	153	29	42
31 Dec 13	169	43	35
30 Sep 13	165	-2	70
30 Jun 13	164	-5	61

Quality Earnings: EGY has high quality earnings.

Growing Profit Margin: EGY's current net profit margins (13.1%) are lower than last year (14.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: EGY's earnings have grown by 11.3% per year over the past 5 years.

Accelerating Growth: EGY's earnings growth over the past year (16.3%) exceeds its 5-year average (11.3% per year).

Earnings vs Industry: EGY earnings growth over the past year (16.3%) exceeded the Oil and Gas industry -19.9%.

Return on Equity

High ROE: EGY's Return on Equity (12.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

VAALCO Energy Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS and revenues exceed analyst expectations

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

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

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

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

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

Recent updates

Consensus EPS estimates fall by 18%

VAALCO Energy, Inc. Announces Executive Changes

Investor sentiment improves as stock rises 20%

Results: VAALCO Energy, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

VAALCO Energy, Inc. (NYSE:EGY) Stock Rockets 26% But Many Are Still Ignoring The Company

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: Diversification One Deal At A Time

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

Consensus EPS estimates fall by 18%

Is Vaalco Energy A Good Dividend Stock?

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

Vaalco Energy: Doubling Down On Acquisition

Consensus EPS estimates increase by 13%

Capital Allocation Trends At VAALCO Energy (NYSE:EGY) Aren't Ideal

Consensus EPS estimates fall by 13%, revenue upgraded

A Look At The Fair Value Of VAALCO Energy, Inc. (NYSE:EGY)

Vaalco Energy: The Stock Is Not Responding To The Company's Increase In Size

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

Vaalco Energy: Steadier Growth Ahead

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

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

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

Price target decreased by 9.2% to US$8.40

Vaalco Energy: Strong Balance Sheet, An Earnings Recovery Likely, Key Support In Play

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

Independent Director exercised options and sold US$141k worth of stock

Consensus EPS estimates fall by 19%, revenue upgraded

Consensus EPS estimates fall by 16%, revenue upgraded

Upcoming dividend of US$0.063 per share at 6.7% yield

Earnings Miss: VAALCO Energy, Inc. Missed EPS By 82% And Analysts Are Revising Their Forecasts

Independent Chairman of the Board exercised options and sold US$57k worth of stock

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

One VAALCO Energy, Inc. (NYSE:EGY) Analyst Just Slashed Their 2023 Revenue Estimates

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 7.5% to US$9.25

Upcoming dividend of US$0.063 per share at 6.1% yield

Investor sentiment improves as stock rises 15%

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

Vaalco Energy: Hold On, The Industry Is Reshaping

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

Investor sentiment deteriorated over the past week

Consensus forecasts updated

CEO & Director recently bought US$111k worth of stock

Price target increased to US$10.00

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

Vaalco Energy: A New Company Is Born

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

VAALCO Energy declares $0.0325 dividend

Consensus forecasts updated

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

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

Revenue & Expenses Breakdown
Beta