secwatch.observer — SEC 8-K summary
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Issuer:     VAALCO ENERGY INC /DE/ (EGY)
CIK:        0000894627
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0000894627-26-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VAALCO reports FY2025 net loss $41.4M; production above guidance; Canadian divestiture $25.5M
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- FY2025 net loss $41.4M ($0.40/diluted share); adjusted net loss $4.0M ($0.04/share).
- Q4 2025 net loss $58.6M ($0.56/sh); adjusted net loss $2.3M ($0.02/sh); Adjusted EBITDAX $42.9M.
- FY2025 sold 17,452 BOEPD, above high end guidance; year-end proved reserves 43.0 MMBOE.
- Divested Canadian properties for $25.5M (closed Feb 19, 2026); declared $0.0625 quarterly dividend payable March 27.
- 2026 capex budget $290-$360M; acquired 70% WI in CI-705 block offshore Côte d'Ivoire.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894627/000089462726000009/0000894627-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894627/000089462726000009/egy-20260312.htm
  HTML page:      https://secwatch.observer/filing/0000894627-26-000009

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