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Vaalco Energy Reports Record Production and Prepares for Growth

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Vaalco Energy Reports Record Production and Prepares for Growth

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The latest update is out from Vaalco Energy ( (EGY) ).

Vaalco Energy, Inc. reported record production and sales volumes for the year 2024. The company achieved sales volumes within its guidance range and exceeded the midpoint for production volumes, demonstrating strong operational performance. Vaalco is poised for organic growth with major projects planned for 2025, focusing on maximizing value and generating cash flow to fund future opportunities while returning capital to shareholders through its dividend policy.

More about Vaalco Energy

Vaalco, founded in 1985 and incorporated in Delaware, is a Houston-based independent energy company. It has a diverse portfolio of production, development, and exploration assets across Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria, and Canada.

YTD Price Performance: 2.49%

Average Trading Volume: 957,713

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $476.1M

Find detailed analytics on EGY stock on TipRanks’ Stock Analysis page.

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