VAALCO Energy, Inc. (EGY) Stock

VAALCO Energy, Inc. (EGY) is a Energy stock trading at $6.03 (as of 2026-08-20), with a market capitalization of $628.68M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

VAALCO Energy, Inc. is an independent energy company engaged in acquiring, exploring for, developing, and producing crude oil and natural gas. It operates an Etame production sharing contract for offshore assets in Gabon and holds interests in an undeveloped offshore block in Equatorial Guinea.

Understand VAALCO Energy, Inc.: how it makes money

VAALCO Energy acquires, explores for, develops, and produces crude oil and natural gas, generating revenue from offshore production under its Etame Marin production sharing contract in Gabon (and holding interests in an undeveloped offshore block in Equatorial Guinea).

VAALCOs profit model is driven by the crude oil and natural gas it produces offshore under its Etame production sharing contract in Gabon, with additional future potential tied to its undeveloped offshore interests in Equatorial Guinea.

Business quality (Weak): Limited provided disclosure for reportable operating segments and no provided operational KPIs, but the business model is clearly tied to offshore production under specific production sharing and exploration assets.

Bull case

  • Offshore producing asset with an active production sharing contract: VAALCO holds an Etame production sharing contract related to the Etame Marin block offshore in Gabon, which ties the companys monetization to crude oil and natural gas production.
  • Optionality from undeveloped offshore interests: The company also owns interests in an undeveloped block offshore Equatorial Guinea, which could support future development activity.

Bear case

  • Currently weak profitability in the latest quarter: For the period ended 2026-03-31, operating margin is negative (-25.8%).
  • Concentration to offshore production sharing arrangements: The companys key monetization source is tied to the Etame production sharing contract offshore in Gabon, so performance may be sensitive to conditions affecting that offshore asset.
Valuation — source: SEC EDGAR (first-party)
Price$6.03
Market Cap$628.68M
EV / EBITDA5.8
Price / Book1.82
Price / Sales1.90
FCF Yield4.7%
DCF Value (model)$46.30
DCF Upside vs Price667.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$359.27M
Net Margin-11.5%
Revenue Growth (YoY)-25.0%
EPS Growth (YoY)-171.4%
Financial Health — source: SEC EDGAR
Altman Z-Score1.26 (distress)
Valuation vs Sector & Industry
Sector P/E (Energy)16.8
Industry P/E (Petroleum & Natural Gas)16.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($53.12M)
Institutional Holders Tracked10
Company
SectorEnergy
IndustryPetroleum & Natural Gas
CEOGeorge Walter-Mitchell Maxwell
Employees230
CountryUS
IPO Date1993-01-29

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EGY earnings history · EGY institutional & insider holders · EGY KPIs & operating metrics · EGY financials · EGY investor presentations & press releases · EGY SEC filings · EGY peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.