---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003373"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T15:05:15.816356+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# VAALCO Energy increases quarterly dividend 92% to $0.0625; reports Q4 2022 production in-line with guidance

## Summary
- Quarterly dividend raised 92% to $0.0625/share ($0.25 annualized); payable March 31, 2023 to holders of record March 24, 2023.
- Q4 2022 production ~14,200 NRI BOEPD; full-year 2022 production up 43% YoY to ~10,150 NRI BOEPD.
- Q4 2022 capex ~$55M (modestly above guidance); full-year capex ~$175M including FSO project and drilling.
- Returned $15.3M to shareholders in 2022 via $9.3M dividends and $6M share buybacks; $30M buyback program ongoing.
- Integration of TransGlobe acquisition advancing; first tranche of synergies captured, including management streamlining.

## SEC filing metadata
- accession: 0001437749-23-003373
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: dividend
- 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/894627/000143774923003373/0001437749-23-003373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774923003373/egy20230214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003373
- JSON: https://secwatch.observer/filing/0001437749-23-003373.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003373.txt

## Key facts
- Earnings Releases
  VAALCO ENERGY INC /DE/ reported financial results for fourth quarter 2022.
  - Period: fourth quarter 2022
  - Result: reported results
  source text: Reported fourth quarter 2022 production of approximately 18,175 working interest (“WI”) barrels of oil equivalent (“BOEPD”) or about 14,200 net revenue interest (“NRI”) BOEPD;
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774923003373/0001437749-23-003373-index.htm

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