---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-001534"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2024-01-17T23:59:59+00:00"
generated_at: "2026-06-06T22:54:05.504492+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# VAALCO Energy tops FY 2023 production and sales guidance; cash exceeds $120M

## Summary
- Full year 2023 sales volumes 23,900-24,000 WI BOEPD, at top end of 23,050-24,000 guidance.
- Q4 2023 sales volumes ~27,400-27,550 WI BOEPD; production 23,100-23,500 WI BOEPD.
- Cash >$120M at Dec 31, 2023, up >$80M in 2023, after returning $12.5M in dividends/buybacks in Q4.
- Full year 2023 production 23,900-24,000 WI BOEPD, above midpoint of 23,450-24,400 guidance.
- Returned $27M in dividends and $21M in share repurchases during full year 2023.

## SEC filing metadata
- accession: 0001437749-24-001534
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2024-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000143774924001534/0001437749-24-001534-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774924001534/egy20240116_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-001534
- JSON: https://secwatch.observer/filing/0001437749-24-001534.json
- Plain text: https://secwatch.observer/filing/0001437749-24-001534.txt

## Key facts
- Earnings Releases
  VAALCO ENERGY INC /DE/ reported financial results for fourth quarter and full year of 2023.
  - Period: fourth quarter and full year of 2023
  - Result: reported results
  source text: VAALCO Energy, Inc. (the “Company”) issued a press release providing an operational update including annual and fourth quarter production and sales volumes, a summary of dividends returned to shareholders for 2023 and an update on the share buyback program.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774924001534/0001437749-24-001534-index.htm

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