Earnings ·
VAALCO Energy reports Q3 net loss of $39.8M, declares $0.0625 quarterly dividend
EGYVaalco Energy Inc
VAALCO Energy reported a third-quarter 2026 net loss of $39.8 million, or $0.38 per diluted share, driven primarily by unrealized hedging losses and higher depletion expenses. Adjusted EBITDAX rose 30% to $71.1 million as production increased approximately 21% compared to the second quarter, with sales volumes reaching 20,145 net revenue interest barrels of oil per day. The company also announced a quarterly cash dividend of $0.0625 per share, payable on December 22, 2026, and provided fourth-quarter production guidance between 20,800 and 22,600 NRI BOPD. VAALCO Energy is an independent energy company focused on oil and gas exploration and production across Africa.