InsiderClue
Stocks · Energy · Crude Petroleum & Natural Gas

VAALCO ENERGY INC /DE/

EGY Clue Score61
United States Fiscal year ends December CIK 0000894627
$6.01 +0.17% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $6.01 +79.94% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue59.8Operating income−4.4Net income−26.6EPS, diluted−0.45Fiscal year 2017Revenue77.0 +28.8%Operating income20.0Net income9.7EPS, diluted0.16Fiscal year 2018Revenue104.9 +36.2%Operating income51.3Net income98.2 +917.8%EPS, diluted1.62Fiscal year 2019Revenue84.5 −19.5%Operating income21.2Net income2.6 −97.4%EPS, diluted0.04Fiscal year 2020Revenue67.2 −20.5%Operating income−27.3Net income−48.2 −1,979.9%EPS, diluted−0.83Fiscal year 2021Revenue199.1 +196.3%Operating income79.1Net income81.8EPS, diluted1.37Fiscal year 2022Revenue354.3 +78.0%Operating income171.3Net income51.9 −36.6%EPS, diluted0.73Fiscal year 2023Revenue455.1 +28.4%Operating income158.7Net income60.4 +16.3%EPS, diluted0.56Fiscal year 2024Revenue479.0 +5.3%Operating income136.5Net income58.5 −3.1%EPS, diluted0.56Fiscal year 2025Revenue359.3 −25.0%Operating income−20.6Net income−41.4 −170.8%EPS, diluted−0.40
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 59.8 77.0 104.9 84.5 67.2 199.1 354.3 455.1 479.0 359.3
Growth +28.8% +36.2% −19.5% −20.5% +196.3% +78.0% +28.4% +5.3% −25.0%
Operating income −4.4 20.0 51.3 21.2 −27.3 79.1 171.3 158.7 136.5 −20.6
Net income −26.6 9.7 98.2 2.6 −48.2 81.8 51.9 60.4 58.5 −41.4
Growth +917.8% −97.4% −1,979.9% −36.6% +16.3% −3.1% −170.8%
EPS, diluted −0.45 0.16 1.62 0.04 −0.83 1.37 0.73 0.56 0.56 −0.40

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−7.3%Net margin−44.4%Free cash flow margin−14.7%Fiscal year 2017Operating margin25.9%Net margin12.5%Free cash flow margin9.3%Fiscal year 2018Operating margin48.9%Net margin93.6%Free cash flow margin22.0%Fiscal year 2019Operating margin25.1%Net margin3.0%Free cash flow margin19.1%Fiscal year 2020Operating margin−40.6%Net margin−71.7%Fiscal year 2021Operating margin39.7%Net margin41.1%Fiscal year 2022Operating margin48.3%Net margin14.6%Fiscal year 2023Operating margin34.9%Net margin13.3%Fiscal year 2024Operating margin28.5%Net margin12.2%Fiscal year 2025Operating margin−5.7%Net margin−11.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −7.3% 25.9% 48.9% 25.1% −40.6% 39.7% 48.3% 34.9% 28.5% −5.7%
Net margin −44.4% 12.5% 93.6% 3.0% −71.7% 41.1% 14.6% 13.3% 12.2% −11.5%
Free cash flow margin −14.7% 9.3% 22.0% 19.1% n/a n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.1Capital expenditure−8.7Free cash flow−8.8Buybacks−0.1Fiscal year 2017Operating cash flow9.0Capital expenditure−1.8Free cash flow7.1Buybacks−0.0Fiscal year 2018Operating cash flow37.2Capital expenditure−14.1Free cash flow23.0 +222.6%Buybacks−0.1Fiscal year 2019Operating cash flow26.5Capital expenditure−10.3Free cash flow16.1 −30.0%Buybacks−3.9Fiscal year 2020Operating cash flow27.5Buybacks−1.0Dividends paid0.0Fiscal year 2021Operating cash flow50.1Buybacks−1.4Dividends paid0.0Fiscal year 2022Operating cash flow128.8Buybacks−3.8Dividends paid−9.4Fiscal year 2023Operating cash flow223.6Buybacks−23.6Dividends paid−26.8Fiscal year 2024Operating cash flow113.7Buybacks−6.8Dividends paid−26.2Fiscal year 2025Operating cash flow212.7Buybacks−0.7Dividends paid−26.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.1 9.0 37.2 26.5 27.5 50.1 128.8 223.6 113.7 212.7
Capital expenditure −8.7 −1.8 −14.1 −10.3 n/a n/a n/a n/a n/a n/a
Free cash flow −8.8 7.1 23.0 16.1 n/a n/a n/a n/a n/a n/a
Growth +222.6% −30.0%
Buybacks −0.1 −0.0 −0.1 −3.9 −1.0 −1.4 −3.8 −23.6 −6.8 −0.7
Dividends paid n/a n/a n/a n/a 0.0 0.0 −9.4 −26.8 −26.2 −26.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash20.5Total debt14.4Net cash (debt)6.0Shareholders’ equity−0.4Fiscal year 2017Cash19.7Total debt9.0Net cash (debt)10.7Shareholders’ equity10.3Debt to equity0.87Fiscal year 2018Cash33.4Shareholders’ equity109.8Fiscal year 2019Cash45.9Shareholders’ equity109.7Fiscal year 2020Cash47.9Shareholders’ equity61.5Fiscal year 2021Cash48.7Total debt0.0Net cash (debt)48.7Shareholders’ equity144.3Debt to equity0.00Fiscal year 2022Cash37.2Total debt0.0Net cash (debt)37.2Shareholders’ equity466.1Debt to equity0.00Fiscal year 2023Cash121.0Total debt0.0Net cash (debt)121.0Shareholders’ equity478.8Debt to equity0.00Fiscal year 2024Cash82.7Total debt0.0Net cash (debt)82.7Shareholders’ equity501.6Debt to equity0.00Fiscal year 2025Cash58.9Total debt60.0Net cash (debt)−1.1Shareholders’ equity443.5Debt to equity0.14
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 20.5 19.7 33.4 45.9 47.9 48.7 37.2 121.0 82.7 58.9
Total debt 14.4 9.0 n/a n/a n/a 0.0 0.0 0.0 0.0 60.0
Net cash (debt) 6.0 10.7 n/a n/a n/a 48.7 37.2 121.0 82.7 −1.1
Shareholders’ equity −0.4 10.3 109.8 109.7 61.5 144.3 466.1 478.8 501.6 443.5
Debt to equity n/a 0.87 n/a n/a n/a 0.00 0.00 0.00 0.00 0.14

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−7.3% 25.9% 48.9% 25.1% −40.6% 39.7% 48.3% 34.9% 28.5% −5.7%
−15.1% 26.8% 52.9% 24.9% −30.4% 30.0% 34.8% 33.0% 29.2% −7.4%
−44.4% 12.5% 93.6% 3.0% −71.7% 41.1% 14.6% 13.3% 12.2% −11.5%
−14.7% 9.3% 22.0% 19.1% n/a n/a n/a n/a n/a n/a
Spending
16.0% 13.5% 10.9% 17.6% 15.9% 7.4% 2.8% 5.2% 6.2% 9.2%
14.6% 2.4% 13.5% 12.2% n/a n/a n/a n/a n/a n/a
n/a 50.3% −78.0% 113.5% n/a −37.1% 57.9% 59.8% 58.2% n/a
Returns
n/a 93.8% 89.4% 2.3% −78.4% 56.7% 11.1% 12.6% 11.7% −9.3%
−32.8% 12.1% 59.1% 1.2% −34.1% 31.1% 6.1% 7.3% 6.1% −4.5%
Balance and payout
n/a 0.87 n/a n/a n/a 0.00 0.00 0.00 0.00 0.14
100.4% 87.1% 34.0% 48.1% 56.5% 45.2% 45.5% 41.8% 47.5% 51.4%
n/a n/a n/a n/a n/a 0.0% 18.0% 44.4% 44.8% n/a
n/a 0.3% 0.3% 24.3% n/a n/a n/a n/a n/a n/a