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Vaalco Energy EGY Exploration Expense

Exploration Expense at other companies

Contango Silver & Gold logo
Contango Silver & GoldCTGO
$2.93M+1,132%
Occidental Petroleum logo
Occidental PetroleumOXY
$37M-55.4%
MGY
Magnolia Oil & Gas CorporationMGY
$213K-41.3%
Chevron logo
ChevronCVX
$256M+1.6%
Ivanhoe Electric logo
Ivanhoe ElectricIE
$21.41M+52.1%
Vaalco Energy logo
Vaalco EnergyEGY
$13.8M

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:ExplorationExpense.

The source filing: Vaalco Energy’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000894627-26-000027
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Amortization of deferred financing costs392146
Deferred tax benefit(10,559)(1,519)
Unrealized foreign exchange gain1901,673
Exploration expense13,801
Stock-based compensation expense1,3771,475
Derivative instruments loss, net70,58174
Cash settlements received (paid) on matured derivative contracts, net(957)123
Credit losses and other271(27)

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Vaalco Energy's exploration expense?
Vaalco Energy (EGY) reported exploration expense of $13.8M in Q1 2026.
What does exploration expense mean?
Exploration Expense as reported by Vaalco Energy, Inc..

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