Company Information

  

Address: 9800 RICHMOND AVE.
SUITE 700 
City: HOUSTON 
State: TX 
Zip Code: 77042 
Telephone: 713-499-1465 

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 an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. 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 and undeveloped leasehold acreage in Montana.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20170.02NA45.86
12/2016-0.31NAN/E
06/2016-0.74NAN/E
03/2016-0.83NAN/E
12/20152.72NA0.59
09/2015-3.06NAN/E
06/2015-2.43NAN/E
03/2015-1.91NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.68Total Liab/Total Assets1.00
Net Inc/Total Assets-0.33Total Liab/Inv Cap4.53
Net Inc/Inv Cap-1.48Total Liab/Comm Equity2.09
Pretax Inc/Net Sales-0.15Interest Coverage Ratio-2.45
Net Inc/Net Sales-0.44Curr Debt/Equity-20.95
Cash Flow/Net Sales-0.06LTD/Equity-19.39
SG&A/NetSales0.31Total Debt/Equity-40.34
Asset Utilization   Liquidity  
Net Receivables Turnover3.38Quick Ratio0.67
Inventory Turnover41.08Current Ratio0.69
Inventory Day Sales0.10Net Rec/Curr Assets0.26
Net Sales/Work Cap-3.50Inv/Curr Assets0.03
Net Sales/PP&E2.13  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 20.43 21.27 15.33 14.64
Cost of Goods Sold 9.87 7.95 11.83 7.16
Selling & Admin Exps 2.82 3.21 -0.12 3.04
Operating Income 5.59 8.15 1.83 2.68
Interest Exp NA NA 0.33 2.29
Pretax Income 5.55 7.63 0.02 2.20
Other Income 0.34 -0.12 -1.48 -0.15
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.28 4.26 -2.63 -15.78

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 21.44 25.00 21.22 27.67
Receivables - Total 9.04 6.58 10.17 7.62
Inventories - Total 0.95 1.14 1.00 0.92
Total Current Assets 38.41 38.50 38.48 41.55
Net Property, Plant & Equipment 25.27 26.68 28.02 25.58
Total Assets 79.14 80.00 81.03 78.20
Liabilities        
Accounts Payable 24.83 23.51 29.60 25.10
Debt in Current Liabilities 8.33 8.33 7.50 6.25
Total Current Liabilities 48.35 50.17 55.55 50.01
Long-Term Debt 4.64 6.62 6.94 8.13
Total Liabilities 72.22 75.92 81.39 74.99
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 6.64 6.61 6.61 6.62
Retained Earnings -32.76 -35.05 -39.30 -35.69
Treasury Stock -37.93 -37.93 -37.93 -37.93
Total Stockholders' Equity 6.93 4.08 -0.36 3.21
Total Liabilities and Stockholders' Equity 79.14 80.00 81.03 78.20

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -1.53 4.10 -3.42 -1.67
Net Cash Provided by Investing Activities 0.00 -0.78 -2.94 14.88
Net Cash Provided by Financing Activities -2.08 0.46 -0.05 -0.02

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012195.290.630.01
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
Growth Rates-25.62----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/175823,53840.02




Report Date : 10/16/2017

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