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VAALCO Energy, Inc. (EGY)

Energy | Oil & Gas E&P | Houston, United States | NYSE
5.46 USD +0.21 (4.000%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 5:35 a.m. EDT

The investment case here is fundamentally broken despite the attractive headline yield. While the company offers a 4.73% dividend, the payout ratio of 92.6% on negative earnings reveals a dangerous reality: the dividend is being funded by burning through cash reserves rather than operating profits. With free cash flow at -$76 million and a massive debt load, this yield is a ticking time bomb, not a reliable income stream. Operationally, the business is struggling. Revenue has contracted by nearly 43% year-over-year, and the company is posting significant losses. Although there are glimmers of operational progress—such as an FPSO coming online and a well hitting 8,000 barrels per day—the financial results tell a different story. The market has already punished the stock, sending it down 42% in the last year alone. Technically, the stock is trading below its 50-day moving average, confirming a downtrend. The options market reflects this pessimism, with traders buying substantial protection via puts while only lightly betting on a recovery. The statistical forecast models also lean slightly negative, though with low confidence. Given the deteriorating fundamentals, the high payout ratio, and the lack of a clear turnaround in earnings, the long-term outlook remains weak.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.158056
AutoTheta0.158890
MSTL0.169767
AutoARIMA0.207615

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 7.14
Ljung-Box p 0.000
Jarque-Bera p 0.477
Excess Kurtosis -0.27
Attribute Value
Sector Energy
Ex Dividend Date 2026-05-21
Last Dividend Date 2026-05-21
Debt to Equity Ratio 69.681
Revenue per Share 2.99
Market Cap 584,286,336
Forward P/E 15.84
Beta 0.07
Profit Margins -45.86%
Website https://www.vaalco.com

As of July 11, 2026, 5:35 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts (strikes $4.00-$5.00) across multiple expirations. Call volume is concentrated near the money ($5.00-$6.00), suggesting a speculative bid for a bounce rather than a strong conviction in a major rally. The imbalance in put open interest relative to call open interest indicates a defensive stance against further declines.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.10% 5.71% 5.56% 4.42%
Dividend History
Date Dividend Yield %
2026-05-22 0.063 1.101399
2026-02-27 0.063 1.223301
2025-11-21 0.063 1.789773
2025-08-22 0.063 1.590909
2025-05-23 0.063 1.962617
2025-02-28 0.063 1.575000
2024-11-22 0.063 1.164510
2024-08-23 0.063 0.995261
2024-05-16 0.063 1.021070
2024-03-07 0.063 1.482353
2023-11-22 0.063 1.369565
2023-08-24 0.063 1.412556
2023-05-23 0.063 1.551724
2023-03-23 0.063 1.500000
2022-11-21 0.033 0.633397
2022-08-23 0.033 0.626186
2022-05-24 0.033 0.518053
2022-02-17 0.033 0.594595
2009-07-22 0.001 0.021053
Additional Data
dividendRate 0.25
dividendYield 4.76
exDividendDate 2026-05-22
trailingAnnualDividendRate 0.25
trailingAnnualDividendYield 0.04761905
lastDividendValue 0.063
lastDividendDate 2026-05-22
dividendDate 2026-06-26

Info Dump

Attribute Value
52 Week Change 0.39999998
Address1 2,500 CityWest Boulevard
Address2 Suite 400
All Time High 15.5
All Time Low 0.124
Ask 0.0
Ask Size 2,300
Audit Risk 9
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 1,530,910
Average Daily Volume3 Month 1,432,527
Average Volume 1,432,527
Average Volume10Days 1,530,910
Beta 0.074
Bid 0.0
Bid Size 500
Board Risk 1
Book Value 3.308
City Houston
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.46
Current Ratio 0.513
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 5.55
Day Low 5.31
Debt To Equity 69.681
Display Name VAALCO Energy
Dividend Date 1,782,432,000
Dividend Rate 0.25
Dividend Yield 4.76
Earnings Call Timestamp End 1,778,245,200
Earnings Call Timestamp Start 1,778,245,200
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda 35,744,000
Ebitda Margins 0.11472999
Enterprise To Ebitda 21.305
Enterprise To Revenue 2.444
Enterprise Value 761,540,032
Eps Current Year 0.21033
Eps Forward 0.34467
Eps Trailing Twelve Months -1.43
Esg Populated 0
Ex Dividend Date 1,779,408,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 5.605
Fifty Day Average Change -0.14499998
Fifty Day Average Change Percent -0.025869755
Fifty Two Week Change Percent 39.999996
Fifty Two Week High 6.72
Fifty Two Week High Change -1.2599998
Fifty Two Week High Change Percent -0.18749997
Fifty Two Week Low 3.365
Fifty Two Week Low Change 2.095
Fifty Two Week Low Change Percent 0.6225854
Fifty Two Week Range 3.365 - 6.72
Financial Currency USD
First Trade Date Milliseconds 728,317,800,000
Float Shares 100,930,330
Forward Eps 0.34467
Forward P E 15.84124
Free Cashflow -76,624,496
Full Exchange Name NYSE
Full Time Employees 281
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.54501
Gross Profits 169,792,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03277
Held Percent Institutions 0.66691
Implied Shares Outstanding 107,012,154
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,779,408,000
Last Dividend Value 0.063
Last Fiscal Year End 1,767,139,200
Long Business Summary VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, Cote d'Ivoire, Equatorial Guinea, Nigeria, and Canada. It holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offshore in the Republic of Gabon in West Africa. The company also holds 100% interest in the Eastern Desert, which contains West Gharib, West Bakr, and Northwest Gharib merged concessions covering an area of approximately 45,067 acres, as well as Western Desert, which contains the South Ghazalat concession covering an area of approximately 7,340 acres located in Egypt. In addition, it holds 27.4% non-operated working interest in CI-40 in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. Further, the company owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets in Harmattan, within the Western Canadian Sedimentary Basin, approximately 80 kilometers north of Calgary, Alberta; and a 60% working interest in an undeveloped portion of block P offshore Equatorial Guinea. VAALCO Energy, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.
Long Name VAALCO Energy, Inc.
Market us_market
Market Cap 584,286,336
Market State PRE
Max Age 86,400
Message Board Id finmb_416628
Most Recent Quarter 1,774,915,200
Net Income To Common -143,434,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 561,813,808
Number Of Analyst Opinions 4
Open 5.38
Operating Cashflow 140,735,008
Operating Margins -1.36606
Overall Risk 3
Payout Ratio 0.9259
Peg Ratio 3.98
Phone 713 623 0801
Pre Market Change 0.01999998
Pre Market Change Percent 0.36630002
Pre Market Price 5.48
Pre Market Time 1,784,016,286
Previous Close 5.25
Price Eps Current Year 25.959208
Price Hint 2
Price To Book 1.650544
Price To Sales Trailing12 Months 1.8754656
Profit Margins -0.45863998
Quick Ratio 0.366
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.21
Regular Market Change Percent 4.0
Regular Market Day High 5.55
Regular Market Day Low 5.31
Regular Market Day Range 5.31 - 5.55
Regular Market Open 5.38
Regular Market Previous Close 5.25
Regular Market Price 5.46
Regular Market Time 1,783,972,803
Regular Market Volume 1,044,067
Return On Assets -0.04204
Return On Equity -0.3366
Revenue Growth -0.433
Revenue Per Share 2.99
Sand P52 Week Change 0.20847368
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 6
Shares Outstanding 107,012,154
Shares Percent Shares Out 0.0621
Shares Short 6,644,078
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 4,809,796
Short Name VAALCO Energy, Inc.
Short Percent Of Float 0.0638
Short Ratio 4.43
Source Interval 15
State TX
Symbol EGY
Target High Price 10.5
Target Low Price 8.189
Target Mean Price 9.24725
Target Median Price 9.15
Total Cash 48,044,000
Total Cash Per Share 0.461
Total Debt 240,334,000
Total Revenue 311,542,016
Tradeable 0
Trailing Annual Dividend Rate 0.25
Trailing Annual Dividend Yield 0.04761905
Trailing Eps -1.43
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.81475
Two Hundred Day Average Change 0.64524984
Two Hundred Day Average Change Percent 0.13401523
Type Disp Equity
Volume 1,044,067
Website https://www.vaalco.com
Zip 77,042