VAALCO
Energy, Utilities & Waste · Texas, United States · 201-500 Employees
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Overview
Headquarters
9800 Richmond Ave Ste 700, Houston, Texa...Phone Number
(713) 623-0801Website
www.vaalco.comRevenue
$349.8 MillionStock Symbol
EGYIndustry
ZI Rank: 6
Signal Type
Mar
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ZI Rank
6
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About VAALCO
VAALCO Energy, Inc. is a Houston, Texas-based independent energy company principally engaged in the production, development, and acquisition of oil and natural gas properties in West and North Africa and western Canada. VAALCOs strategy is to increase reserves and production through the development and exploitation of international oil and natural gas properties, with a primary focus on Africa. The Companys properties are located offshore Gabon and Equatorial Guinea, onshore Egypt, and western Canada.Explore more
VAALCO Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
VAALCO
$349.8M
201-500
Public
-
1985
OA
Omar Al-ShamsCEO At Vaalco Energy For Drilling and Maintenance Oil Wells
Company Profile Activity
Activity Insights
VAALCO is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
VAALCO is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about VAALCO.
VAALCO Tech Stack
A closer look at the technologies used by VAALCO
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Most Recent Scoops
Earnings
reported Q2 Cash G&A of $9.6 million, with the increase in general and administrative expenses primarily attributable to $1.9 million in non-recurring professional service and legal fees.
Earnings, Accounting, Financial Reporting, Finance
Earnings
reported an unrealized hedging gain of approximately $40 million in Q2, as oil prices declined materially from March 31 to June 30, partially offsetting realized and unrealized losses incurred in Q1 when oil prices spiked, with the company maintaining between 30% to 40% of production hedged at any given time over a rolling 12-month horizon under its reserves-based lending facility hedging program.
Earnings, Finance, Oil & Gas, Risk
Person-Based
Earnings, Sales, Forecasting, Finance
Person-Based
Person-Based
Spending/Investment, Oil & Gas, Operations
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Frequently Asked Questions Regarding VAALCO
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VAALCO Energy, Inc. is a Houston, Texas-based independent energy company principally engaged in the production, development, and acquisition of oil and natural gas properties in West and North Africa and western Canada. VAALCOs strategy is to increase reserves and production through the development and exploitation of international oil and natural... Read More
