Vaalco Energy

The Company is engaged in the acquisition, exploration, development and production of crude oil and natural gas.

VAALCO employs over one hundred people in total on two continents. About half of this number is located in Gabon supporting our exploration and production activities. In Angola, VAALCO employs approximately ten people taking care of the exploration and administrative matters in that country. The Houston headquarters employs approximately forty people of whom nearly thirty are highly experienced technical staff with disciplines in production engineering, reservoir engineering, facilities engineering, civil and electrical engineering, geology, geophysics, and drilling.

The Management team is comprised of four officers with a combined service of more than 60 years of VAALCO service, plus three vice-presidents heading up the exploration, production and legal areas. All seven members of the Management team had significant major industry experience prior to joining VAALCO.

Type
Public
HQ
Houston, US
Founded
1985
Size (employees)
104 (est)-16%
Website
vaalco.com
Vaalco Energy was founded in 1985 and is headquartered in Houston, US

Vaalco Energy Office Locations

Vaalco Energy has offices in Houston, Luanda and Port-Gentil
Houston, US (HQ)
700 9800 Richmond Ave

Vaalco Energy Data and Metrics

Vaalco Energy Financial Metrics

USD

Net income (FY, 2016)

(26.6 m)

EBIT (FY, 2016)

(4.4 m)

Market capitalization (28-Jun-2017)

52.9 m

Closing share price (28-Jun-2017)

0.9

Cash (31-Dec-2016)

20.5 m
Vaalco Energy's current market capitalization is $52.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cost of goods sold

23.9 m15.4 m46.5 m5 k

Operating expense total

92.1 m182.1 m221.1 m63.9 m

EBIT

77.2 m(54.4 m)(143.6 m)(4.4 m)

Interest expense

(1.3 m)(2.6 m)

Interest income

73 k75 k12 k3 k

Pre tax profit

77.2 m(55.1 m)(144.1 m)(9 m)

Income tax expense

34.1 m22.5 m14.6 m9.2 m

Net Income

43.1 m(77.6 m)(158.7 m)(26.6 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

69.1 m25.4 m20.5 m

Accounts Receivable

8.3 m10.6 m1.7 m

Inventories

286 k194 k84 k

Current Assets

113.1 m63.7 m38.5 m

Total Assets

248.8 m124 m81 m

Accounts Payable

4.2 m46.8 m19.1 m

Current Liabilities

38.5 m66.7 m55.6 m

Additional Paid-in Capital

64.4 m69.1 m70.3 m

Retained Earnings

146.9 m(11.8 m)(39.3 m)

Total Equity

180.5 m26.1 m(358 k)

Financial Leverage

1.4 x4.8 x-226.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

43.1 m(77.6 m)(158.7 m)(26.6 m)

Depreciation and Amortization

16.9 m20.1 m33 m6.9 m

Accounts Receivable

(1.3 m)700 k(18 k)

Inventories

(122 k)(51.5 m)125 k

Accounts Payable

(9.5 m)30.2 m(15.5 m)

Cash From Operating Activities

23.4 m(3.5 m)

Purchases of PP&E

(5.7 m)

Cash From Investing Activities

(101.4 m)(1.3 m)

Cash From Financing Activities

16.5 m(144 k)

Income Taxes Paid

23 m9.2 m
Y, 2016

Financial Leverage

-226.3 x

Vaalco Energy Market Value History

Vaalco Energy Online and Social Media Presence

Vaalco Energy Company Life and Culture

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