---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030705"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:34:21.411173+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 $6.1M, production near high end of guidance, declares $0.0625 dividend

## Summary
- Q3 NRI production 18,844 BOEPD, WI production 24,430 BOEPD, both at higher end of guidance.
- Net income $6.1M ($0.06/diluted); Adjusted Net Income $7.5M ($0.07/diluted).
- Unrestricted cash grew 124% to $103.4M; completed $6.0M in share buybacks in quarter.
- Declared quarterly dividend $0.0625/share payable Dec 21, 2023; annualized $0.25 (up from $0.13 in 2022).
- Reduced Egyptian receivables by $17.7M to $18.8M; Adjusted EBITDAX $71.4M.

## SEC filing metadata
- accession: 0001437749-23-030705
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2023-11-08T23:59:59+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/894627/000143774923030705/0001437749-23-030705-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774923030705/egy20230815_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030705
- JSON: https://secwatch.observer/filing/0001437749-23-030705.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030705.txt

## Key facts
- Earnings Releases
  VAALCO ENERGY INC /DE/ reported the third quarter of 2023 results: net income $6.1 million ($0.06 per diluted share), EPS $0.06 per diluted share.
  - Period: the third quarter of 2023
  - Net income: $6.1 million ($0.06 per diluted share)
  - EPS: $0.06 per diluted share
  - Result: reported results
  source text: VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) ("VAALCO" or the "Company") today reported operational and financial results for the third quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774923030705/0001437749-23-030705-index.htm

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