---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-026429"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:30:35.330608+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VAALCO Q3 net income $6.9M, adjusted net income $33.3M; closes TransGlobe merger, $30M buyback

## Summary
- Q3 2022 net income $6.9M ($0.11/diluted share); adjusted net income $33.3M ($0.56/diluted share).
- Adjusted EBITDAX $42.4M in Q3, $136.8M in first nine months of 2022.
- Average daily production 9,157 NRI bopd, above high end of guidance; cash $69.3M, no debt.
- Completed TransGlobe business combination on Oct 13, 2022; Venus POD approved in Equatorial Guinea.
- Authorized $30M share buyback; declared $0.0325 quarterly dividend payable Dec 22, 2022.

## SEC filing metadata
- accession: 0001437749-22-026429
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000143774922026429/0001437749-22-026429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774922026429/egy20220815_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-026429
- JSON: https://secwatch.observer/filing/0001437749-22-026429.json
- Plain text: https://secwatch.observer/filing/0001437749-22-026429.txt

## Key facts
- Earnings Releases
  VAALCO ENERGY INC /DE/ reported the quarter ended September 30, 2022 results: net income $6.9 million, EPS $0.11 per diluted share.
  - Period: the quarter ended September 30, 2022
  - Net income: $6.9 million
  - EPS: $0.11 per diluted share
  - Result: reported results
  source text: On November 8, 2022, VAALCO Energy, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774922026429/0001437749-22-026429-index.htm

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