{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-007723","form_type":"8-K","ticker":"EGY","cik":"0000894627","company_name":"VAALCO ENERGY INC /DE/","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.205310+00:00","generated_at":"2026-06-04T21:57:29.422308+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"VAALCO reports record FY2023 net income $60.4M, 83% production growth; to acquire Svenska","bullets":["FY 2023 net income $60.4M ($0.56 diluted EPS); record Adj EBITDAX $280.4M; FCF $119.7M.","Production averaged 18,710 NRI BOEPD (+83% YoY); Q4 net income $44.0M ($0.41 diluted EPS).","Announced all-cash acquisition of Svenska (4,500 BOEPD, 13.0 MMBOE 1P reserves) expected to be accretive.","Returned $50.3M to shareholders in 2023 (42% of FCF); targets returning >$25M in 2024.","Ended 2023 with $121M cash, bank debt free; 2024 capex planned at $70M–$90M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-007723","json":"https://secwatch.observer/filing/0001437749-24-007723.json","markdown":"https://secwatch.observer/filing/0001437749-24-007723.md","text":"https://secwatch.observer/filing/0001437749-24-007723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894627/000143774924007723/0001437749-24-007723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894627/000143774924007723/egy20231117_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T21:57:29.422308+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"668a536dc54f6d57d50ce0b7d12e1737595a735b","claim":"VAALCO ENERGY INC /DE/ reported fourth quarter and full year of 2023 results: net income $60.4 million ($0.56 per diluted share) for FY 2023. Guidance initiated.","evidence_excerpt":"VAALCO Energy, Inc. (the \"Company\") issued a press release announcing its financial results for the fourth quarter of 2023 and guidance for the first quarter 2024 and the total year 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894627/000143774924007723/0001437749-24-007723-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year of 2023"},{"label":"Net income","value":"$60.4 million ($0.56 per diluted share) for FY 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}