VAALCO Energy Q2 2023 Earnings Report

VAALCO Energy EPS Results

• Actual EPS: $0.11
• Consensus EPS: $0.12
• Beat/Miss: Missed by -$0.01
• One Year Ago EPS: N/A

VAALCO Energy Revenue Results

• Actual Revenue: $109.24 million
• Expected Revenue: $97.57 million
• Beat/Miss: Beat by +$11.67 million
• YoY Revenue Growth: N/A

VAALCO Energy Announcement Details

• Quarter: Q2 2023
• Date: 8/9/2023
• Time: N/A

VAALCO Energy (NYSE:EGY), an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, and Canada. The company holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa. It also owns 100% interest in the Eastern Desert, which contains West Gharib, West Bakr and North West Gharib merged concessions covering as area of approximately 45,067 acres, as well as Western Desert, which contains the South Ghazalat concession covering as area of approximately 7,340 acres located in Egypt. In addition, the company production and working interests in Cardium light oil and Mannville liquids-rich gas assets covering as area of 47,400 gross acres located near the north of Calgary, Alberta; and an undeveloped block offshore Equatorial Guinea, West Africa. VAALCO Energy, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.