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Dec 31, 2023
VAALCO Q4 2023 Earnings Report
Reported record financial results and shareholder returns following year of expansion.
Key Takeaways
VAALCO Energy reported strong Q4 2023 financial results, with net income of $44.0 million and record Adjusted EBITDAX of $95.9 million. Production reached 18,065 NRI BOEPD, and sales volumes were at the high end of guidance.
Reported Q4 2023 net income of $44.0 million ($0.41 per diluted share).
Generated record Adjusted EBITDAX of $95.9 million.
Produced 18,065 NRI BOEPD (23,330 WI BOEPD).
Sold 21,674 BOEPD in Q4 2023, at the high end of guidance.
VAALCO
VAALCO
VAALCO Revenue by Geographic Location
Revenue by Geographic Location
Gabon Revenue
CapyFin.comEgypt Revenue
CapyFin.comCanada Revenue
CapyFin.comCôte d'Ivoire Revenue
CapyFin.com Forward Guidance
The Company has provided first quarter and full year 2024 guidance. As a reminder, this guidance does not include the recently announced Svenska acquisition and will be updated once the acquisition is finalized.
Revenue & Expenses
Visualization of income flow from segment revenue to net income