other material
confidence high
sentiment positive
materiality 0.70
VAALCO reports 2025 sales at top of guidance, cash up $35M to $58.8M, Gabon drilling successful
VAALCO ENERGY INC /DE/
- Full year 2025 WI sales volumes ~22,100 BOEPD, at top of 20,800-22,200 guidance; production ~21,150 BOEPD at midpoint.
- Cash at bank increased nearly $35M to $58.8M at Dec 31, 2025, with no RBL draws in Q4.
- Egyptian receivables reduced from $113M to $31M; collected over $210M in 2025, now largely current.
- Gabon Phase 3: ET-15P pilot encountered high-quality reservoir; ET-15P-ST1 had 9m net reservoir and 4m net pay.
- Baobab Ivorian FPSO on schedule to leave Dubai early Feb, resume production in Q2 2026.