Company Information

  

Address: 9800 RICHMOND AVE.
SUITE 700 
City: HOUSTON 
State: TX 
Zip Code: 77042 
Telephone: 713-623-0801 

Description of Business

Primary SIC Code: 1311
(As filed with the SEC)  

VAALCO Energy, Inc. is a Delaware corporation, incorporated in 1985 and headquartered at 9800 Richmond Avenue, Suite 700, Houston, Texas 77042. Our telephone number is (713) 623-0801 and our website address is www.vaalco.com. As used in this Annual Report on Form 10-K, the terms, "we", "us", "our", and "VAALCO" refer to VAALCO Energy, Inc. and its consolidated subsidiaries, unless the context otherwise requires. We are a Houston, Texas based independent energy company engaged in the acquisition, exploration, development and production of crude oil. Our primary source of revenue has been from our Etame Production Sharing Contract ("Etame PSC") related to the Etame Marin block located offshore the Republic of Gabon ("Gabon") in West Africa. We also currently own interests in an undeveloped block offshore Equatorial Guinea, West Africa.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.25NA3.45
12/20170.17NA4.10
09/20170.05NA16.40
03/20170.02NA45.86
12/2016-0.31NAN/E
06/2016-0.74NAN/E
03/2016-0.83NAN/E
12/20152.72NA0.59

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.24Total Liab/Total Assets0.87
Net Inc/Total Assets0.12Total Liab/Inv Cap2.63
Net Inc/Inv Cap0.37Total Liab/Comm Equity1.74
Pretax Inc/Net Sales0.27Interest Coverage RatioNA
Net Inc/Net Sales0.13Curr Debt/Equity0.65
Cash Flow/Net Sales0.09LTD/Equity0.22
SG&A/NetSales0.14Total Debt/Equity0.87
Asset Utilization   Liquidity  
Net Receivables Turnover8.95Quick Ratio0.71
Inventory Turnover19.01Current Ratio0.78
Inventory Day Sales0.03Net Rec/Curr Assets0.19
Net Sales/Work Cap-7.60Inv/Curr Assets0.09
Net Sales/PP&E3.32  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 27.65 17.16 18.18 20.43
Cost of Goods Sold 10.96 11.55 10.34 9.87
Selling & Admin Exps 2.58 1.97 2.47 2.82
Operating Income 13.04 2.50 3.72 5.59
Interest Exp NA NA NA NA
Pretax Income 12.75 4.87 2.60 5.55
Other Income 0.07 2.68 -0.79 0.34
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 8.66 3.43 -0.32 2.28

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 33.07 20.51 19.69 21.44
Receivables - Total 8.36 7.05 9.95 9.04
Inventories - Total 1.28 3.26 1.16 0.95
Total Current Assets 49.51 36.45 36.53 38.41
Net Property, Plant & Equipment 22.60 23.22 23.91 25.27
Total Assets 92.19 79.63 76.54 79.14
Liabilities        
Accounts Payable 30.42 24.58 23.95 24.83
Debt in Current Liabilities 5.83 6.67 7.50 8.33
Total Current Liabilities 51.25 46.59 46.85 48.35
Long-Term Debt 1.12 2.31 3.48 4.64
Total Liabilities 73.09 69.34 69.82 72.22
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 6.64 6.64 6.64 6.64
Retained Earnings -20.99 -29.65 -33.08 -32.76
Treasury Stock -37.95 -37.95 -37.94 -37.93
Total Stockholders' Equity 19.10 10.29 6.72 6.93
Total Liabilities and Stockholders' Equity 92.19 79.63 76.54 79.14

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 15.07 3.43 0.66 -1.53
Net Cash Provided by Investing Activities -0.42 -0.53 -0.34 -0.01
Net Cash Provided by Financing Activities -2.08 -2.10 -2.09 -2.08

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013169.2843.070.74
12/2014127.69-77.55-1.36
12/201580.44-158.662.72
12/201659.78-26.55-0.31
12/201777.039.650.17
Growth Rates-17.87----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/184822,24937.77




Report Date : 7/16/2018

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