---
schema_version: "secwatch.filing_event.v1"
accession: "0000894627-26-000023"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T22:23:14.683104+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vaalco reports Q1 net loss $93.8M; raises production guidance 8%

## Summary
- Net loss $93.8M ($0.90/diluted); adjusted net loss $47.2M ($0.45/diluted) excluding $55.9M unrealized derivative loss.
- Sales volumes 12,157 NRI BOEPD, production 15,110 NRI BOEPD — slightly above midpoint guidance.
- Q2 sales guidance 16,800–18,300 NRI BOPD (+44% vs Q1 midpoint); full-year production NRI up 8% at midpoint.
- Drilled Etame 14H (4,850 bopd) and Etame 15H (2,000 bopd); Côte d'Ivoire FPSO restart on track for Q2.
- Divested Canadian assets for $25.5M; quarterly dividend $0.0625/share payable June 26.

## SEC filing metadata
- accession: 0000894627-26-000023
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000089462726000023/0000894627-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000089462726000023/egy-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000894627-26-000023
- JSON: https://secwatch.observer/filing/0000894627-26-000023.json
- Plain text: https://secwatch.observer/filing/0000894627-26-000023.txt

## Source-grounded claims
- claim_id: 405ff69a4e23ecb9b33d9bdd8c0b1d7b2df2562b
  claim: VAALCO ENERGY INC /DE/ reported first quarter 2026 results: net income net loss of $93.8 million, EPS ($0.90) per diluted share. Guidance raised.
  evidence_excerpt: Reported a net loss of $93.8 million ($0.90 per diluted share), which includes $94.2 million in expenses primarily due to a loss on derivative instruments and exploration expense;
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000089462726000023/0000894627-26-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.