VAALCO Energy reported second quarter 2026 net income of $42.4 million, or $0.39 per diluted share, driven by higher realized commodity prices and a non-cash gain on derivative instruments. The company generated Adjusted EBITDAX of $54.8 million and sold 17,812 NRI BOEPD, up 47% from the first quarter. Capital expenditures totaled $103.6 million, funding operations in Gabon, Egypt, and Côte d’Ivoire, where production resumed following an FPSO refurbishment. The company affirmed its full-year 2026 production guidance and announced a quarterly cash dividend of $0.0625 per share, payable on September 22, 2026 to shareholders of record as of August 21, 2026. VAALCO Energy operates in the oil and gas exploration and production industry.

VAALCO Energy, Inc. adopted three new award agreement forms under its 2020 Long Term Incentive Plan to provide performance-based, time-based, and restricted stock unit awards to employees and directors. The new agreements include specific vesting-related hurdles and holding periods for award recipients. VAALCO Energy, Inc. is an independent oil and gas exploration and production company.