---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-046874"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:34:38.279554+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 $11M ($0.10/diluted), sales up 20% QoQ, raises cash dividend to $0.0625/share

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-046874
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2024-11-12T23:59:59+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/894627/000162828024046874/0001628280-24-046874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000162828024046874/egy-20241111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-046874
- JSON: https://secwatch.observer/filing/0001628280-24-046874.json
- Plain text: https://secwatch.observer/filing/0001628280-24-046874.txt

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