VAALCO Energy, Inc.

EGY

EGYVAALCO Energy, Inc. US flag

New York Stock Exchange

5.41

USD

-0.03

- -

564.04MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	210	195	169	128	80	69	89	120	97	77	199	354	455	479	359
+ Sales & Services Revenue	210	195	169	128	80	69	89	120	97	77	199	354	455	479	359
- Cost of Revenue	52	47	54	52	73	54	58	61	57	57	102	161	268	307	268
+ Cost of Goods & Services	52	47	54	52	73	54	58	61	57	57	102	161	268	307	268
Gross Profit	158	149	116	76	7	15	31	59	40	20	97	194	187	172	91
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	16	53	35	26	26	18	10	8	19	16	17	13	20	36	44
+ Selling, General & Admin	10	12	11	12	15	9	10	11	15	11	15	10	24	30	33
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	6	41	24	14	12	9	- -	-4	4	5	2	3	-3	6	11
Operating Income (Loss)	142	96	81	50	-19	-3	20	51	21	5	80	180	166	136	47
- Non-Operating (Income) Loss	8	9	3	101	87	6	- -	-4	- -	25	20	57	16	-3	73
+ Interest Expense, Net	- -	- -	- -	- -	1	1	1	- -	-1	- -	- -	2	6	4	8
+ Interest Expense	- -	- -	- -	- -	1	1	1	- -	- -	- -	- -	2	6	4	8
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	8	9	3	101	86	5	-1	-4	1	25	20	55	10	-7	65
Pretax Income	134	87	77	-51	-106	-9	21	55	21	-20	60	123	150	140	-27
- Income Tax Expense (Benefit)	93	82	34	22	15	9	10	-43	24	28	-22	71	90	81	15
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	41	5	43	-74	-121	-18	10	99	-3	-48	82	52	60	58	-41
- Net Extraordinary Losses (Gains)	13	9	- -	4	38	8	1	- -	-5	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	-4	-38	-8	-1	- -	5	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	13	9	- -	8	76	17	1	1	-11	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	28	-4	43	-78	-159	-27	10	98	3	-48	82	52	60	58	-41
- Minority Interest	-6	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	34	1	43	-78	-159	-27	10	98	3	-48	82	52	60	58	-41
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	34	1	43	-78	-159	-27	10	98	3	-48	82	52	60	58	-41
EBIT	142	96	81	50	-19	-3	20	51	21	5	80	180	166	136	47
EBITDA	168	116	97	71	14	5	27	57	28	14	101	228	281	280	157
EBITDA Margin (%)	79.63	59.27	57.59	55.24	18.01	7.63	30.74	47.68	29.12	18.2	50.75	64.43	61.85	58.36	43.59
EBITA	142	96	81	50	-19	-3	20	51	21	5	80	180	166	136	47
Gross Margin (%)	75.13	76.12	68.37	59.44	9.14	22.12	34.85	49.1	41.07	26.46	48.6	54.62	41.01	36	25.36
Operating Margin (%)	67.47	49.07	47.59	39.26	-23.39	-4.46	23.03	42.67	21.55	5.85	40.17	50.84	36.51	28.5	12.98
Profit Margin (%)	16.23	0.32	25.44	-60.73	-197.22	-38.45	10.89	81.85	2.65	-62.24	41.11	14.64	13.26	12.21	-11.52
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.13	0.25	0.25	0.25
Depreciation Expense	26	20	17	20	33	8	7	6	7	10	21	48	115	143	110
Basic Weighted Avg Shares	57	58	57	57	58	58	59	59	59	58	58	70	106	104	104
Basic EPS, GAAP	0.6	0.01	0.75	-1.36	-2.72	-0.45	0.16	1.66	0.04	-0.84	1.41	0.75	0.57	0.56	-0.4
Basic EPS from Cont Ops	0.71	0.09	0.75	-1.29	-2.07	-0.31	0.17	1.67	-0.05	-0.83	1.41	0.75	0.57	0.56	-0.4
Diluted Weighted Avg Shares	58	59	58	57	58	58	59	60	59	58	59	70	107	104	104
Diluted EPS, GAAP	0.59	0.01	0.74	-1.36	-2.72	-0.45	0.16	1.64	0.04	-0.84	1.39	0.74	0.57	0.56	-0.4
Diluted EPS from Cont Ops	0.7	0.09	0.74	-1.29	-2.07	-0.31	0.17	1.65	-0.05	-0.83	1.39	0.74	0.57	0.56	-0.4

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	163	149	167	113	64	38	36	59	70	64	88	200	228	238	133
+ Cash, Cash Equivalents & STI	137	131	131	69	25	20	20	33	46	48	49	37	121	83	59
+ Cash & Cash Equivalents	137	131	131	69	25	20	20	33	46	48	49	37	121	83	59
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	21	13	22	34	25	10	7	14	19	8	33	140	94	132	50
+ Accounts Receivable, Net	10	8	17	20	5	7	4	12	14	- -	22	52	45	95	40
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	2
+ Other Receivable, Net	11	5	5	14	20	3	3	2	4	8	10	87	48	36	8
+ Inventories	1	1	1	2	1	1	3	1	1	4	2	3	2	9	2
+ Raw Materials	- -	- -	- -	- -	- -	1	3	1	1	4	2	3	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	1	1	- -	2	1	1	3	1	1	4	2	3	2	9	2
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	-1	-3	-1	-1	-4	-2	-3	- -	- -	- -
+ Other ST Assets	3	4	15	8	12	7	6	10	4	4	5	19	11	14	22
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	112	119	141	136	60	43	43	108	142	77	175	656	595	717	780
+ Property, Plant & Equip, Net	100	107	139	108	33	28	23	53	102	60	105	589	552	635	671
+ Property, Plant & Equip	229	263	311	398	433	409	409	443	498	495	560	1,595	1,665	1,871	1,452
- Accumulated Depreciation	129	156	172	290	400	381	386	391	397	436	455	1,007	1,113	1,236	781
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	12	12	2	28	27	15	20	55	40	18	70	67	43	82	109
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	12	12	2	28	27	15	20	55	40	18	70	67	43	82	109
Total Assets	275	268	308	249	124	81	80	166	212	141	263	856	823	955	913
+ Payables & Accruals	25	45	46	39	63	30	25	24	49	35	61	143	108	139	147
+ Accounts Payable	25	45	46	12	44	19	12	8	16	17	19	60	22	12	45
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	3	6	1	3	- -	19	42	20
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	27	18	11	13	13	27	18	39	84	67	85	83
+ ST Debt	- -	- -	- -	- -	- -	8	7	- -	12	13	10	10	12	17	18
+ ST Borrowings	- -	- -	- -	- -	- -	8	7	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	12	13	10	10	12	17	18
+ Other ST Liabilities	- -	- -	- -	- -	4	18	15	17	3	4	14	8	7	26	27
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	4	18	15	17	3	4	14	8	7	26	27
Total Current Liabilities	25	45	46	39	67	56	47	41	64	53	84	162	127	182	192
+ LT Debt	- -	- -	- -	15	15	7	2	- -	21	10	1	79	78	81	128
+ LT Borrowings	- -	- -	- -	15	15	7	2	- -	- -	- -	- -	- -	- -	- -	60
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	21	10	1	79	78	81	68
+ Other LT Liabilities	17	10	11	15	16	19	20	15	17	18	34	149	139	190	149
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	81	74	94	64
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	17	10	11	15	16	19	20	15	17	18	34	67	65	96	86
Total Noncurrent Liabilities	17	10	11	30	31	26	23	15	38	27	35	227	217	272	278
Total Liabilities	42	55	57	68	98	81	69	56	102	80	119	390	344	453	470
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	72	55	62	71	76	77	78	79	80	81	84	366	370	375	381
+ Common Stock	6	6	6	7	7	7	7	7	7	7	7	12	12	12	12
+ Additional Paid in Capital	66	49	55	64	69	70	71	72	74	74	77	354	357	363	369
- Treasury Stock	24	24	35	37	38	38	38	38	41	42	44	48	71	78	79
+ Retained Earnings	181	181	224	147	-12	-39	-30	69	71	23	104	147	177	210	142
+ Other Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	3	-5	- -
Equity Before Minority Interest	229	213	251	180	26	- -	10	110	110	61	144	466	479	502	443
+ Minority/Non Controlling Interest	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	233	213	251	180	26	- -	10	110	110	61	144	466	479	502	443
Total Liabilities & Equity	275	268	308	249	124	81	80	166	212	141	263	856	823	955	913
Shares Outstanding	57	58	57	58	59	59	59	60	58	58	59	108	104	104	104
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	33	23	10	89	91	98	86
Net Debt	-137	-131	-131	-54	-10	-6	-11	-33	-46	-48	-49	-37	-121	-83	1
Net Debt to Equity	-58.84	-61.55	-52.03	-29.95	-39.72	1,685.47	-103.94	-30.38	-41.85	-77.86	-33.73	-7.98	-25.27	-16.48	0.25
Tangible Common Equity Ratio	84.75	79.31	81.41	72.52	21.04	-0.44	12.92	66.04	51.87	43.52	54.85	54.47	58.16	52.52	48.56
Current Ratio	6.49	3.31	3.65	2.93	0.96	0.69	0.78	1.43	1.09	1.22	1.05	1.23	1.79	1.31	0.69
Cash Conversion Cycle	-45.5	-249.62	-280.63	-134.56	-77.99	-176.37	-58.78	-25.63	-20.93	-49.76	-34.36	-44.32	-13.55	40.29	36.53

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	41	5	43	-78	-159	-27	10	98	3	-48	82	52	60	58	-41
+ Depreciation & Amortization	26	20	17	20	33	8	7	6	7	10	21	48	115	143	110
+ Non-Cash Items	12	49	27	121	133	12	3	-59	14	59	-40	28	7	-17	49
+ Stock-Based Compensation	2	2	3	3	4	- -	1	2	4	- -	2	2	3	4	6
+ Deferred Income Taxes	- -	- -	- -	- -	1	- -	-1	-57	14	24	-40	45	-3	-17	-29
+ Asset Impairment Charge	5	8	- -	98	81	1	- -	- -	- -	32	1	3	- -	- -	67
+ Other Non-Cash Adj	5	39	24	19	47	10	3	-5	-3	3	-3	-22	7	-5	5
+ Chg in Non-Cash Work Cap	12	20	-12	-32	34	-6	-6	-7	7	7	-13	1	41	-71	95
+ (Inc) Dec in Accts Receiv	10	2	-9	-4	14	-1	3	-10	-3	16	-23	4	24	-51	84
+ (Inc) Dec in Inventories	- -	- -	- -	-2	1	- -	-2	2	- -	-3	5	-2	1	7	8
+ (Inc) Dec in Prepaid Assets	-1	-1	1	-4	3	1	2	1	-1	-1	2	-4	5	-5	-12
+ Inc (Dec) in Accts Payable	-3	- -	9	-10	33	-20	-5	-6	10	-2	1	31	-35	-47	36
+ Inc (Dec) in Other	5	19	-13	-12	-18	15	-3	5	1	-2	3	-28	45	25	-21
+ Net Cash From Disc Ops	- -	- -	- -	-9	-3	12	-4	-1	-5	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	90	94	75	23	39	- -	9	37	26	27	50	129	224	114	213
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	1	- -	- -	- -	-4	-23	37	- -	1	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	1	- -	- -	- -	-4	-23	37	- -	1	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-32	-72	-67	-89	-68	-9	-2	- -	- -	-4	-23	- -	- -	- -	-3
+ Acq of Fixed Prod Assets	-32	-72	-67	-89	-68	-9	-2	- -	- -	-4	-23	- -	- -	- -	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	2	3	-8	4	- -	- -	- -	- -	-4	-1	- -	-3	-23	-6	-1
+ Increase in Capital Stock	2	3	4	6	- -	- -	- -	1	- -	- -	1	- -	1	- -	- -
+ Decrease in Capital Stock	- -	- -	-11	-2	- -	- -	- -	- -	-4	-1	-1	-4	-24	-7	-1
+ Net Change in LT Investment	- -	- -	- -	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	37	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	37	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	4	- -	-1	-12	-15	-6	- -	-14	-10	-16	6	-197	-97	-103	-253
+ Net Cash From Disc Ops	- -	- -	- -	-3	-21	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-28	-72	-68	-101	-83	-17	-1	-14	-10	-24	-39	-123	-97	-102	-256
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-9	-27	-26	-26
+ Net Cash From Debt	- -	- -	- -	15	- -	- -	-6	-9	- -	- -	- -	-3	-7	-10	47
+ Cash From Debt	- -	- -	- -	15	- -	- -	4	- -	- -	- -	- -	- -	- -	- -	60
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	-10	-9	- -	- -	- -	-3	-7	-10	-13
+ Other Financing Activities	-7	-32	- -	-2	- -	- -	- -	- -	- -	- -	- -	-2	- -	- -	-7
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-5	-28	-8	17	- -	- -	-6	-9	-4	-1	- -	-18	-57	-43	12
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	56	-6	- -	-61	-44	-17	2	14	12	2	11	-12	70	-31	-31
EBITDA	168	116	97	71	14	5	27	57	28	14	101	228	281	280	157
EBITDA Margin (%)	79.63	59.27	57.59	55.24	18.01	7.63	30.74	47.68	29.12	18.2	50.75	64.43	61.85	58.36	43.59
Free Cash Flow	58	22	9	-66	-29	-9	7	37	26	23	28	129	224	114	210
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-37	- -	- -	- -
Free Cash Flow to Firm	58	22	9	- -	- -	- -	8	- -	26	- -	- -	130	226	115	- -
Free Cash Flow to Equity	58	22	9	-51	-29	-8	2	28	26	19	5	162	216	104	256
Free Cash Flow per Basic Share	1.01	0.38	0.15	-1.16	-0.5	-0.15	0.12	0.63	0.45	0.4	0.47	1.85	2.1	1.1	2.01
Price/Free Cash Flow	2.88	3.07	2.81	2.31	0.87	7.04	3.8	2.37	4.96	3.21	2.6	2.48	2.14	3.99	1.76
Cash Flow to Net Income	2.62	148.9	1.75	-0.3	-0.25	- -	0.93	0.38	10.33	-0.57	0.61	2.48	3.7	1.94	-5.14
Capital Expenditures	-32	-72	-67	-89	-68	-9	-2	- -	- -	-4	-23	- -	- -	- -	-3