7Baggers

VAALCO Energy Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -4.297.8820.0632.2444.4156.5968.7680.94Milllion

VAALCO Energy Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31 2007-12-31 2006-12-31 2005-12-31 
                                                          
  revenues:                                                        
  crude oil, natural gas and natural gas liquids sales96,893,000 110,329,000 121,721,000 140,334,000 116,778,000 100,155,000 149,154,000 116,269,000 109,240,000 80,403,000                                               
  operating costs and expenses:                                                        
  production expense40,393,000 44,806,000 36,641,000 42,324,000 52,446,000 32,089,000 46,397,000 39,956,000 38,604,000 28,200,000 45,514,000 23,312,000 25,475,000 18,360,000 23,495,000 25,208,000 16,419,000 16,133,000 6,456,000 8,984,000 12,126,000 9,749,000 9,815,000 9,836,000 9,819,000 8,219,000 9,157,000 7,481,000 12,817,000 10,960,000 11,549,000 10,336,000 9,866,000 7,946,000 11,830,000 7,162,000 7,341,000 11,253,000 13,459,000 7,859,000 8,867,000 9,911,000 10,075,000 7,145,000 4,848,000            
  exploration expense2,520,000     48,000 706,000 1,194,000 57,000 8,000 8,000 56,000 67,000 127,000 293,000 479,000 665,000 142,000 3,572,000 16,000       2,000  12,000  3,000 4,000   1,000 2,000 2,000 1,000 8,874,000 9,007,000 1,113,000 27,459,000 145,000 598,000 3,293,000  2,472,000 11,070,000         
  depreciation, depletion and amortization28,273,000 30,305,000 37,047,000 47,031,000 33,132,000 25,824,000 20,344,000 32,538,000 38,003,000 24,417,000 26,316,000 8,963,000 8,191,000 4,673,000 4,132,000 6,970,000 5,810,000 4,148,000 1,266,000 2,212,000 2,801,000 3,103,000 2,112,000 1,509,000 1,909,000 1,553,000 2,307,000 1,130,000 1,035,000 1,124,000 918,000 1,700,000 1,970,000 1,869,000 1,139,000 1,607,000 1,945,000 2,241,000 9,517,000 8,259,000 9,299,000 5,935,000 4,642,000 4,289,000 6,995,000 4,160,000 5,918,000 3,954,000         
  general and administrative expense8,496,000 9,051,000 8,454,000 6,929,000 7,591,000 6,710,000 7,005,000 6,216,000 5,395,000 5,224,000 -430,000 1,979,000 3,534,000 4,994,000 2,545,000 2,940,000 4,734,000 4,547,000 4,744,000 2,178,000 3,019,000 754,000 2,950,000 4,738,000 2,728,000 4,439,000 976,000 2,811,000 5,008,000 2,603,000 1,723,000 2,463,000 3,049,000 3,127,000 708,000 2,420,000 4,043,000 2,984,000 3,323,000 3,804,000 2,829,000 4,873,000 3,505,000 3,967,000 3,134,000            
  credit losses and other29,000  1,305,500 69,000 3,341,000 1,812,000 609,250 822,000 680,000 935,000                                               
  total operating costs and expenses79,711,000 84,135,000 83,224,000 96,353,000 96,510,000 67,796,000 68,946,000 80,726,000 88,386,000 58,784,000 72,407,000 44,197,000 37,838,000 28,646,000 30,526,000 35,915,000 28,023,000 25,071,000 16,063,000 13,541,000 18,125,000 45,041,000 14,127,000 16,137,000 14,461,000 14,182,000 12,433,000 7,940,000 19,017,000 14,631,000 14,413,000 14,454,000 15,068,000 13,055,000 13,235,000 11,751,000 14,274,000 17,621,000 89,301,000 49,667,000 28,225,000 53,857,000     22,331,000 29,636,000         
  other operating income  17,000 102,000 132,000 -166,000 731,000 5,000   43,000     46,000   -786,000 -37,000   -20,000 35,000 -4,399,000 -37,000 33,000  314,000 24,000 -248,000  230,000 -63,000  -26,000   -3,346,000  58,000 340,000               
  operating income17,182,000 26,194,000 38,507,000 44,083,000 20,400,000 32,193,000 80,939,000 35,548,000 20,551,000 21,619,000 24,224,000 33,900,000 73,147,000 40,005,000 25,853,000 20,030,000 18,874,000 14,343,000 -4,292,000 4,678,000 -966,000 -26,683,000 7,776,000 1,501,000 6,370,000 5,546,000 15,206,000 17,320,000 5,723,000 13,038,000 2,495,000 3,721,000 5,587,000 8,148,000 1,833,000 2,858,000 4,573,000 -6,648,000 -75,124,000 -32,121,000 -1,030,000 -35,278,000 -94,276,000 6,687,000 33,828,000 -650,000 35,951,000 8,104,000         
  yoy-15.77% -18.63% -52.42% 24.01% -0.73% 48.91% 234.13% 4.86% -71.90% -45.96% -6.30% 69.25% 287.55% 178.92% -702.35% 328.17% -2053.83% -153.75% -155.20% 211.66% -115.16% -581.12% -48.86% -91.33% 11.31% -57.46% 509.46% 365.47% 2.43% 60.01% 36.12% 30.20% 22.17% -222.56% -102.44% -108.90% -543.98% -81.16% -20.31% -580.35% -103.04% 5327.38% -362.23% -17.49%             
  qoq-34.40% -31.98% -12.65% 116.09% -36.63% -60.23% 127.69% 72.97% -4.94% -10.75% -28.54% -53.65% 82.84% 54.74% 29.07% 6.12% 31.59% -434.18% -191.75% -584.27% -96.38% -443.15% 418.05% -76.44% 14.86% -63.53% -12.21% 202.64% -56.11% 422.57% -32.95% -33.40% -31.43% 344.52% -35.86% -37.50% -168.79% -91.15% 133.88% 3018.54% -97.08% -62.58% -1509.84% -80.23% -5304.31% -101.81% 343.62%          
  operating margin %                                                        
  other income:                                                        
  derivative instruments gain400,000  -365,000 210,000 257,000 -847,000 2,500,000 -2,320,000 31,000 21,000 -290,000 3,778,000   -1,756,000 -5,147,000 -9,969,000 -5,954,000 -6,000  -756,000 7,339,000 -2,712,000 2,267,000 1,911,000                                
  interest expense-2,572,000 -1,295,000 -1,092,000 -588,000 -1,117,000 -935,000 -1,343,750 -1,426,000 -1,703,000 -2,246,000                   -30,000 -354,000 -306,000 -327,000 -378,000  -329,000 -328,000 -1,470,000 -489,000 -218,000 -465,000 -344,000 -310,000               
  bargain purchase gain  -6,366,000  19,898,000                                                    
  other income353,000 -1,012,000 -1,829,000 -141,000 -1,984,000 -487,000 -797,000 183,000 -537,000 -1,140,000 2,466,000 -7,707,000 -2,111,000 -696,000                                           
  total other income-1,819,000 -2,381,000 -9,652,000 -519,000 17,054,000 -2,269,000 626,000 -3,563,000 -2,209,000 -3,365,000 497,000 -4,163,000 -11,771,000 -32,457,000 -2,349,000 -5,472,000 -10,132,000 -1,369,000 -35,000 170,000 -698,000 7,424,000 -2,477,000 2,322,000 1,967,000 -1,963,000 6,644,000 -918,000 -1,254,000 -285,000 2,378,000 -1,120,000 -40,000 -519,000 -1,810,000 -476,000 -1,833,000 3,237,000 -1,413,000 1,160,000 99,000 -362,000 -473,000 183,000 -108,000  73,000 -56,000         
  income before income taxes15,363,000 23,813,000 28,855,000 43,564,000 37,454,000 29,924,000                               2,740,000 -3,411,000 -76,537,000 -30,961,000 -931,000 -35,640,000 -94,749,000 6,870,000 33,720,000 -912,000 36,024,000 8,048,000         
  income tax expense6,983,000 16,083,000 17,192,000 32,574,000 9,303,000 22,238,000       46,252,000     3,086,000    33,478,000   9,208,000 2,753,000   3,582,000 4,042,000 1,339,000 2,749,000 3,096,000 3,194,000 2,364,000 2,198,000 3,001,000 4,652,000 4,242,000 2,707,000 4,273,000 3,365,000 41,383,000 -3,761,000 -9,009,000 -6,126,000 9,648,000 5,662,000         
  net income8,380,000 7,730,000 11,663,000 10,990,000 28,151,000 7,686,000 43,991,000 6,141,000 6,752,000 3,470,000 17,754,000 6,868,000 15,104,000 12,164,000 34,362,000 31,721,000 5,884,000 9,869,000 -3,595,000 7,618,000 596,000 -52,800,000 1,014,000 -3,919,000 -1,033,000 6,501,000 10,424,000 78,605,000 544,000 8,659,000 3,431,000 -322,000 2,283,000 4,259,000 -2,627,000 -15,599,000 -261,000 -8,063,000 -80,779,000 -33,668,000 -5,204,000  -98,338,000 3,109,000 24,712,000 -7,038,000 26,376,000 2,386,000         
  yoy-70.23% 0.57% -73.49% 78.96% 316.93% 121.50% 147.78% -10.59% -55.30% -71.47% -48.33% -78.35% 156.70% 23.25% -1055.83% 316.40% 887.25% -118.69% -454.54% -294.39% -157.70% -912.18% -90.27% -104.99% -289.89% -24.92% 203.82% -24511.49% -76.17% 103.31% -230.61% -97.94% -974.71% -152.82% -96.75% -53.67% -94.98%  -17.86% -1182.92% -121.06%  -472.83% 30.30%             
  qoq8.41% -33.72% 6.12% -60.96% 266.26% -82.53% 616.35% -9.05% 94.58% -80.46% 158.50% -54.53% 24.17% -64.60% 8.33% 439.11% -40.38% -374.52% -147.19% 1178.19% -101.13% -5307.10% -125.87% 279.38% -115.89% -37.63% -86.74% 14349.45% -93.72% 152.38% -1165.53% -114.10% -46.40% -262.12% -83.16% 5876.63% -96.76% -90.02% 139.93% 546.96%   -3263.01% -87.42% -451.12% -126.68% 1005.45%          
  net income margin %                                                        
  other comprehensive income                                                        
  currency translation adjustments4,759,000 117,000 -5,975,000 1,655,000 -1,068,000 -2,454,000 2,036,000 -2,216,000 2,006,000 -125,000                                               
  comprehensive income13,139,000 7,847,000 5,688,000 12,645,000 27,083,000 5,232,000 46,027,000 3,925,000 8,758,000 3,345,000                                               
  basic net income per share:                                                        
  net income per share0.08 0.07 0.11 0.1 0.27 0.07 0.41 0.06 0.06 0.03 0.17 0.12 0.25 0.21 0.57 0.53 0.1 0.17 -0.06 0.13 0.01 -0.91 0.02 -0.07 -0.01 0.1 0.17 1.31 0.01 0.15                           
  basic weighted-average shares outstanding103,936 103,758 103,669 103,743 103,528 103,659 106,376 106,289 106,965 107,387 69,568 59,068 58,925 58,702 58,230 58,586 58,072 57,636 57,594 57,456 57,456 57,975 59,143 58,953 59,801 59,630 59,248 59,481 59,090 58,863 58,717 58,817 58,658 58,567 58,384 58,708 58,464 58,513 58,289 58,392 58,302 57,981 57,229 57,304 56,951 56,860 57,299          
  diluted net income per share:                                                        
  diluted weighted-average shares outstanding103,958 103,785 103,747 103,842 103,676 104,541 106,555 106,433 107,613 108,752 69,982 59,450 59,361 59,179 58,755 58,916 58,574 58,461 57,594 57,741 57,594 57,975 59,143 58,953 59,801 60,683 59,997 60,818 59,851 58,863 58,720 58,817 58,658 58,580 58,384 58,708 58,464 58,513 58,289 58,392 58,302 57,981 57,229 57,868 57,537 56,860 57,925          
  credit (recovery) losses and other -27,000                                                       
  other operating expense        -303,000     -5,000   -126,000 -360,000   -815,000 -31,000             -1,106,000 324,000 754,000 8,881,000                   
  derivative instruments loss -74,000           -9,542,000 -31,758,000            -1,912,000                               
  fpso demobilization and other costs                                                        
  transaction costs related to acquisition     1,313,000                                                   
  fpso demobilization      1,411,750     8,867,000                                             
  income from continuing operations before income taxes      81,565,000 31,985,000 18,342,000 18,254,000 24,721,000 29,737,000 61,376,000 7,548,000 23,504,000 14,558,000 8,742,000 12,974,000 -4,327,000 4,848,000 -1,664,000 -19,259,000 5,299,000 3,823,000 8,337,000 3,583,000 21,850,000 16,402,000 4,469,000 12,753,000 4,873,000 2,601,000 5,547,000 7,629,000 23,000 2,382,000                     
  income tax benefit      37,574,000 25,844,000 11,588,000 14,771,000 6,953,000 22,843,000   -10,884,000 -17,183,000 2,825,000  -789,000 -2,759,000 -2,249,000  4,248,000 7,681,000   11,346,000 -62,224,000                             
  income from continuing operations      43,991,000 6,141,000 6,754,000 3,483,000 17,768,000 6,894,000 15,124,000 12,176,000 34,388,000 31,741,000 5,917,000 9,888,000 -3,538,000 7,607,000 585,000 -52,737,000 1,051,000 -3,858,000 -871,000 830,000 10,504,000 78,626,000 887,000 8,711,000 3,534,000 -148,000 2,451,000 4,435,000 -2,341,000 184,000                     
  income from discontinued operations, net of tax        -2,000 -13,000 -14,000 -26,000 -20,000  -26,000 -20,000 -33,000 -19,000 -57,000 11,000 11,000 -63,000 -37,000 -61,000 -162,000 5,671,000       -168,000 -176,000 -286,000 -15,783,000                     
  fpso demobilization - norms waste disposal        5,647,000                                                
  crude oil and natural gas sales          64,434,500 78,097,000 110,985,000 68,656,000 56,379,000 55,899,000 47,023,000 39,774,000 12,557,000 18,256,000 17,974,000 18,389,000                                   
  bad debt expense and other          999,000 1,020,000 571,000 492,000 61,000 318,000 395,000 101,000 285,000 151,000         145,000  220,000 -49,000 183,000 98,000 645,000 63,000                     
  interest income          -1,679,000 -234,000 -118,000 -3,000 1,000 3,000 1,000 5,000 5,000 23,000 11,000 116,000 152,000 193,000 201,000 187,000 -68,250 111,000      -403,000 1,000 1,000  3,202,000  3,000 5,000 4,000 10,000 19,000 17,000 29,000 16,000 16,000         
  income tax (benefit) expense             -4,628,000                                           
  income income from discontinued operations, net of tax             -12,000                                           
  impairment of proved crude oil and natural gas properties                     30,625,000                                   
  other              -594,000 -328,000 -164,000 4,580,000 -34,000 147,000 47,000 -31,000 83,000 -138,000 -145,000 -238,000 6,516,000 -1,029,000 -1,224,000 69,000 2,684,000 -793,000 338,000 -116,000 -1,482,000 -149,000 -363,000 524,000 -1,195,000 1,622,000 438,000 280,000 -483,000 164,000 -125,000 -291,000 57,000 -72,000         
  bad debt (recovery) expense and other                    179,000 810,000                                   
  oil and natural gas sales                      15,649,500 17,603,000 25,230,000 19,765,000 27,606,000 25,266,000 24,426,000 27,645,000 17,156,000 18,178,000 20,425,000 21,266,000 15,326,000 14,635,000 18,847,000 10,976,000                   
  gain on revision of asset retirement obligations                           -3,325,000                             
  bad debt (recovery) expense                      7,500 54,000 5,000                                
  bad debt recovery and other                         -29,000                               
  bad debt expense (recovery) and other                          -17,000 -157,000  -56,000       171,000 -7,286,000                   
  income from discontinued operations                          -80,000 -21,000 -343,000 -52,000 -103,000 -174,000  -0.27                     
  general and administrative related to shareholder matters                                 15,000 18,000 85,000 18,000 -453,000                   
  impairment of proved properties                                   88,000   52,114,000 17,988,000 5,821,000 5,399,000               
  basic net income per share                                    -0.14 -1.38 -0.58 -0.09                
  diluted net income per share                                    -0.14 -1.38 -0.58 -0.09                
  oil and gas sales                                      15,730,500 17,546,000 27,137,000 18,239,000 23,032,000 24,486,000 52,098,000 28,071,000 58,282,000 37,740,000         
  other costs and expenses                                      831,500 2,750,000 296,000                
  net income attributable to vaalco energy, inc.                                         -39,005,000     26,376,000 2,386,000         
  basic net income per share attributable to vaalco energy, inc. common shareholders                                         -0.67 0.09 0.05 0.43 -0.12 0.073 0.04         
  diluted net income per share attributable to vaalco energy, inc. common shareholders                                         -0.67 -1.72 0.05 0.43 -0.12 0.45 0.04         
  operating costs and expenses                                                        
  bad debt expense and other income                                          450,000 1,800,000             
  total operating cost and expenses                                          16,197,250 17,799,000 18,270,000            
  earnings per share - basic:                                                        
  earnings per share - diluted:                                                        
  operating costs & expenses                                                        
  production expenses                                             9,650,000 6,993,750 12,576,000         
  exploration expenses                                             11,323,000           
  general and administrative expenses                                             3,588,000 1,998,750 1,893,000         
  bad debt expense and other incomes                                                        
  total operating expenses                                             28,721,000           
  total other incomes                                             -262,000           
  bad debt expenses                                              321,000 143,000         
  less net income attributable to noncontrolling interest                                                        
  basic weighted shares outstanding                                               56,601         
  diluted weighted shares outstanding                                               57,116         

We provide you with 20 years income statements for VAALCO Energy stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of VAALCO Energy stock. Explore the full financial landscape of VAALCO Energy stock with our expertly curated income statements.

The information provided in this report about VAALCO Energy stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.