secwatch.observer — SEC 8-K summary
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Issuer:     VAALCO ENERGY INC /DE/ (EGY)
CIK:        0000894627
Form:       8-K
Filed at:   2026-08-06T20:41:13+00:00
Accession:  0000894627-26-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VAALCO Q2 net income $42.4M; sales up 47% QoQ; Baobab restart; raises FY guidance
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- Net income $42.4M ($0.39/diluted share); Adjusted EBITDAX $54.8M, up ~5x from Q1 2026.
- Q2 sales 17,812 BOEPD, above guidance midpoint, up 47% from Q1; Q3 sales forecast 17,200-18,900 BOPD.
- Baobab field (Côte d'Ivoire) production restarted June 2026 after FPSO refurbishment; Q3 production expected 19,600-21,600 NRI BOPD.
- Capital expenditures $103.6M; Gabon Phase Three drilling started; Côte d'Ivoire FPSO dry dock completed.
- Declared quarterly dividend $0.0625/share payable Sept 22, 2026; Egypt trade receivables reduced to $12.9M from $31.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894627/000089462726000047/0000894627-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894627/000089462726000047/egy-20260806.htm
  HTML page:      https://secwatch.observer/filing/0000894627-26-000047

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