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Vaalco Energy EGY Equatorial Guinea — Exploration expense

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Côte d'Ivoire
$208K
Canada
$0
Egypt
$0

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KOSEquatorial Guinea — Exploration expenses
$1.11M-52.8%
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KOSEquatorial Guinea — Consolidated capital expenditures, net
$509K+138%
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KOSEquatorial Guinea — Total Costs & Expenses
$89.59M+138%
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KOSEquatorial Guinea — Depletion, depreciation and amortization
$4.12M-72.7%
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KOSEquatorial Guinea — Other Nonoperating Income (Expense)
-$68.07M-4,361%
Kosmos Energy logo
KOSEquatorial Guinea — Oil and gas revenue
$22.4M-34.9%

Other financials

Income statement

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Revenue$62.6M-43.3%
Operating income-$16.1M-162%
Net income-$93.8M-1,313%
EPS (diluted)-$0.90-1,386%

Balance sheet

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Cash & equivalents$48.0M+17.4%
Total debt$240.3M+149%
Total equity$344.9M-31.6%
Total assets$920.7M-0.7%

Cash flow

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Operating cash flow-$39.2M-220%
CapEx$9.8M+53.5%
Free cash flow-$49.0M-286%

Valuation

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Market cap$536.13M+33.2%
Enterprise value$728.42M+59.1%
P/S1.7×+0.9×

Profitability

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Operating margin-20.2%-46.6pp
Net margin-45.9%-57.8pp
FCF margin41.5%+15.3pp

Returns & leverage

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Return on equity-33.7%-45.6pp
Debt / equity0.7×+0.5×
Current ratio0.5×-0.6×

Where this comes from

Reported directly by Vaalco Energy in its filing.

Tagged under the XBRL concept us-gaap:ResultsOfOperationsExplorationExpense.

The official record: Vaalco Energy’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Vaalco Energy's equatorial guinea — exploration expense?
Vaalco Energy (EGY) reported equatorial guinea — exploration expense of $0 in Q1 2026.
What does equatorial guinea — exploration expense mean?
This metric captures the costs incurred for geological and geophysical studies, exploratory drilling, and other activities aimed at identifying new hydrocarbon reserves. It reflects the company's commitment to long-term resource replacement and growth through capital-intensive exploration efforts.