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Vaalco Energy EGY Canada — Royalty Expense

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Other financials

Income statement

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Revenue$135.2M+39.5%
Operating income$43.6M+154%
Net income$42.4M+407%
EPS (diluted)$0.39+388%

Balance sheet

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Cash & equivalents$30.4M-55.2%
Total debt$261.8M+72.1%
Total equity$380.3M-25.7%
Total assets$968.6M+0.4%

Cash flow

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Operating cash flow$73.7M+302%
CapEx$9.8M+53.5%
Free cash flow$75.9M+398%

Valuation

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Market cap$621.74M+64.4%
Enterprise value$853.13M+84.4%
P/S1.8×+1.0×

Profitability

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Operating margin-10.4%-37.3pp
Net margin-31.1%-39.4pp
FCF margin54.3%+17.3pp

Returns & leverage

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Return on equity-24.4%-32.1pp
Debt / equity0.7×+0.4×
Current ratio0.4×-1.0×

Where this comes from

Reported directly by Vaalco Energy in its filing.

Tagged under the XBRL concept us-gaap:RoyaltyExpense.

The source filing: Vaalco Energy’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000894627-26-000051
Revenues from customer contracts:Three Months Ended June 30, 2026 / (in thousands)Three Months Ended June 30, 2025 / (in thousands)Six Months Ended June 30, 2026 / (in thousands)Six Months Ended June 30, 2025 / (in thousands)
Oil revenue$3,751$1,744$9,076
Gas revenue5723681,208
NGL revenue1,2597233,019
Other revenue392787
Royalties(666)(437)(2,022)
Selling costs(240)(143)(473)
Net revenues$4,715$2,282$10,895

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Vaalco Energy's canada — royalty expense?
Vaalco Energy (EGY) reported canada — royalty expense of $0 in Q2 2026.
How has Vaalco Energy's canada — royalty expense changed year-over-year?
Vaalco Energy's canada — royalty expense decreased by 100.0% year-over-year, from $666K to $0.
What is the long-term trend for Vaalco Energy's canada — royalty expense?
Over 3 years (2022 to 2025), Vaalco Energy's canada — royalty expense has grown at a 43.1% compound annual growth rate (CAGR), from $1.14M to $3.33M.
What does canada — royalty expense mean?
The costs incurred by the Canadian segment for the right to extract oil and gas resources, typically paid to governments or mineral rights owners. Monitoring this expense is critical for understanding the net profitability of the segment after accounting for resource ownership obligations.

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