Vaalco Q3 net income $11M ($0.10/diluted), sales up 20% QoQ, raises cash dividend to $0.0625/share

VAALCO ENERGY INC /DE/

2024-Q3 EPS reported $0.45 revenue$357,267,000

Net income $11.0M ($0.10 diluted EPS); Adjusted Net Income $7.9M ($0.08).
NRI sales 2,134K BOE (23,198 BOEPD), up 20% QoQ; production expense $19.80/BOE, down 33%.
Adjusted EBITDAX $92.8M, up 28% QoQ; unrestricted cash $89.1M after capex and dividend.
Completed PSCs for offshore Gabon exploration blocks Niosi Marin and Guduma Marin.
Declared $0.0625/share quarterly dividend ($0.25 annualized), payable Dec 20, record Nov 22.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.