Vaalco Q2 2025 net income $8.4M, EPS $0.08; production above guidance at 16,956 BOEPD

VAALCO ENERGY INC /DE/

2025-Q2 EPS reported $0.15 revenue$207,222,000

Reported net income of $8.4M ($0.08 diluted EPS); Adjusted Net Income of $2.3M ($0.02 diluted EPS).
Adjusted EBITDAX of $49.9M; net cash position of $7.9M with ~$24M receivables collected in July 2025.
Q2 production of 16,956 NRI BOEPD (21,654 WI BOEPD) above high end of guidance; sales of 19,393 NRI BOEPD.
Declared quarterly cash dividend of $0.0625/share, payable September 19, 2025, unchanged from prior quarter.
Full-year 2025 guidance reiterated; Q1 capital expenditure reduced ~10% without affecting production or sales outlook.

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