Jeremy Poland VAALCO Energy (NYSE:EGY) reported the second quarter results. The accounting for the Svenska acquisition resulted in a one-time gain of nearly $20 million reported for the second quarter. This is known as a gain in purchase. Supposedly the acquisition is just so good that the company is forced to report a gain on the purchase. Along with that came the news that the SEC reserves were roughly a couple of million barrels better than expected for the acquisition. Along with this was a surprise ann ...

文章核心观点 - 公司在第二季度实现了强劲的经营和财务业绩,完成了收购Svenska公司的交易,并获得了1,990万美元的议价购买收益 [1][3][4] - 公司在加拿大的钻井项目取得了优于预期的结果,大幅提高了液体比例 [9][10][11] - 公司预计在下半年将加大资本支出,以推进加蓬的钻井计划和科特迪瓦FPSO的升级项目,为2025年带来显著的有机增长 [5] 根据目录分别总结 运营概况 - 埃及:通过一系列计划的修井工作,提高了产量 [6][7][8] - 加拿大:完成了4口新井的钻探和完井,取得了优于预期的初始产量 [9][10][11] - 加蓬:正在为2025年初的下一轮钻井计划进行准备,同时持续优化Etame设施的运营 [12][13] - 科特迪瓦:完成了Baobab油田的计划停产检修,并就FPSO的干船坞升级项目与Modec公司进行了持续推进 [14][15][16][17] 财务表现 - 第二季度实现净利润2,820万美元,同比和环比大幅增长,主要受益于议价购买收益和科特迪瓦业务的增加 [18][19] - 销售收入同比增长7%,环比增长16%,主要受益于科特迪瓦业务的贡献 [32][33][34] - 生产成本同比和环比均有所上升,主要由于非现金的收购调整和科特迪瓦业务的增加 [36][37][38][39] - 一般管理费用同比和环比有所上升,主要由于专业服务费用、工资和会计法律费用的增加 [39] 收购与储量 - 以4,020万美元的净收购价格完成了对Svenska公司的收购 [60][61][62] - Svenska公司在科特迪瓦的CI-40许可区拥有27.39%的非操作权益,包括Baobab油田,截至2023年12月31日的探明储量为16.9百万桶油当量 [62] - 收购完成后,公司2023年底的探明储量增加59%至45.6百万桶油当量 [62] 展望 - 下半年将加大资本支出,推进加蓬的钻井计划和科特迪瓦FPSO的升级项目,为2025年带来显著的有机增长 [5] - 第三季度销售量预计将增加,反映科特迪瓦业务的全季贡献 [34] - 公司将继续通过套期保值锁定强劲的现金流,为资本支出和股东回报计划提供资金支持 [66][67]

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO" or the "Company") today reported operational and financial results for the second quarter of 2024. Second Quarter 2024 Highlights and Recent Key Items: Closed the accretive all cash acquisition of Svenska Petroleum Exploration AB ("Svenska") for a net purchase price of $40.2 million; Updated third-party reserve engineer's calculation of proved reserves as of December 31, 2023 for Svenska that shows significant in ...

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") declared its quarterly cash dividend of $0.0625 per share of common stock for the third quarter of 2024 ($0.25 annualized), which is payable on September 20, 2024, to stockholders of record at the close of business on August 23, 2024. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors. George Maxwel ...

公司公告 - VAALCO Energy宣布2024年第三季度每股普通股现金股息为0.0625美元（年化0.25美元），将于2024年9月20日支付给截至2024年8月23日营业结束时的登记股东 [1] - 未来季度股息和记录及支付日期的设立需经董事会批准 [1] 管理层评论 - VAALCO首席执行官George Maxwell表示，公司2024年第三季度股息得到持续运营和财务成功的支持，自2022年初以来持续通过股息向股东返还现金 [2] - 公司2022年支付每股0.13美元股息，2023年支付每股0.25美元股息，2024年有望再次支付每股0.25美元股息 [2] - 公司通过有机开发活动和无机增长（如最近的Svenska收购）实现增长，同时持续支付有意义的股息 [2] 公司背景 - VAALCO成立于1985年，总部位于美国德克萨斯州休斯顿，是一家独立能源公司，在加蓬、埃及、科特迪瓦、赤道几内亚和加拿大拥有多样化的生产、开发和勘探资产组合 [3] 未来股息政策 - 2024年第三季度之后的股息尚未获得董事会批准或宣布 [4] - 未来股息的宣布和支付由董事会决定，将基于公司财务业绩、资产负债表实力、现金和流动性需求、未来前景、原油和天然气价格以及其他相关因素 [4] - 董事会保留与股息宣布和支付相关的所有权力，可随时修订或终止支付水平，无需事先通知 [6] 内幕信息 - 本公告包含根据《市场滥用条例》（MAR）定义的内幕信息，由VAALCO公司秘书Matthew Powers负责发布 [7]

Moreover, EGY is currently trading at 93.8% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 ...

About VAALCO For Further Information HOUSTON, July 29, 2024 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) ("VAALCO" or the "Company") today announced that it has posted the recording of a recent interview with its Chief Executive Officer and Director, George Maxwell, on its web site, www.vaalco.com, on the "News and Events" page under the "Investor Relations" tab. Mr. Maxwell recently presented an overview of VAALCO and engaged in a detailed question and answer session hosted by Jasper Wijk, ...

For Further Information VAALCO Energy, Inc. (General and Investor Enquiries) +00 1 713 543 3422 | --- | --- | --- | --- | |----------------------------|--------------------------------------------|-------|------------------------| | | | | | | Website: | | | www.vaalco.com | | | Al Petrie Advisors (US Investor Relations) | | +00 1 713 543 3422 | | Al Petrie / Chris Delange | | | | | Buchanan (UK Financial PR) | | | +44 (0) 207 466 5000 | | Ben Romney / Barry Archer | | | VAALCO@buchanan.uk.com | HOUSTON, Jul ...

公司公告 - VAALCO Energy将于2024年8月6日纽约证券交易所收盘后发布2024年第二季度财报 并计划于2024年8月7日上午10:00（中部时间）举行电话会议讨论财务和运营结果 [3] - 电话会议可通过拨打美国免费电话(833) 685-0907 英国免费电话08082389064 或国际电话(412) 317-5741参与 会议也将通过网络直播在VAALCO官网进行 [2] - VAALCO Energy成立于1985年 是一家总部位于美国德克萨斯州休斯顿的独立能源公司 在加蓬 埃及 科特迪瓦 赤道几内亚和加拿大拥有多元化的生产 开发和勘探资产组合 [3] 联系方式 - 公司一般及投资者咨询电话为+00 1 713 543 3422 官网为www.vaalco.com [4] - 美国投资者关系由Al Petrie Advisors负责 联系人Al Petrie和Chris Delange 电话+00 1 713 543 3422 [4] - 英国金融公关由Buchanan负责 联系人Ben Romney和Barry Archer 电话+44 (0) 207 466 5000 邮箱VAALCO@buchanan.uk.com [4]

Interested parties in the United States may participate toll-free by dialing (833) 685-0907. Interested parties in the United Kingdom may participate toll-free by dialing 08082389064. Other international parties may dial (412) 317-5741. Participants should ask to be joined to the "VAALCO Energy Second Quarter 2024 Conference Call." This call will also be webcast on VAALCO's website at www.vaalco.com. An audio replay will be available on the Company's website following the call. For Further Information The C ...