NYSE$EGY
VAALCO Energy Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported strong results driven by increased sales, higher realized pricing, and a non-cash deferred tax benefit.
VAALCO Energy, Inc. reported strong Q3 2021 results with a net income of $31.7 million, or $0.53 per diluted share. The company benefited from increased sales, higher realized pricing, and a $22.7 million non-cash deferred tax benefit. VAALCO also announced a quarterly cash dividend policy commencing in the first quarter of 2022.
- Reported net income of $31.7 million ($0.53 per diluted share) driven by increased sales, higher realized pricing, and a $22.7 million non-cash deferred tax benefit.
- Generated $10.0 million ($0.17 per diluted share) of Adjusted Net Income.
- Adjusted EBITDAX grew to $23.3 million.
- Cash balance grew to $52.8 million as of September 30, 2021.
Headline financials
Revenue & EPS history
VAALCO · Revenue · Quarterly
$55.9M
Forward guidance
VAALCO has updated its full year 2021 guidance which takes into account the results from the first nine months of 2021 and the expectations for the fourth quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
-0.6%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+2.4%
Avg return
30 days after
38%
25 / 65 earnings
Positive
+41.4%
Q1 2018
Best reaction
-25.5%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +8.0% | +6.4% | -0.9% | |
| Q4 2025 | -4.6% | -0.2% | +2.8% | |
| Q3 2025 | -4.3% | -2.5% | -10.9% | |
| Q1 2025 | -0.3% | +3.8% | +0.0% | |
| Q4 2024 | +14.2% | +6.3% | -11.6% | |
| Q3 2024 | -3.2% | -6.2% | -10.9% | |
| Q2 2024 | +8.4% | +2.8% | -5.5% | |
| Q1 2024 | -4.6% | -2.2% | -6.0% | |
| Q4 2023 | +23.0% | +35.2% | +57.2% | |
| Q3 2023 | -10.2% | -7.2% | +3.7% | |
| Q2 2023 | +9.9% | +13.1% | -1.2% | |
| Q1 2023 | -9.6% | -13.2% | -1.4% | |
| Q4 2022 | -14.4% | -15.6% | -13.4% | |
| Q3 2022 | -5.0% | +3.7% | -8.5% | |
| Q2 2022 | +4.2% | +0.6% | -5.2% | |
| Q1 2022 | +4.4% | +1.4% | +27.5% | |
| Q4 2021 | -4.1% | -19.6% | +9.0% | |
| Q3 2021 | +17.7% | +21.1% | -7.6% | |
| Q2 2021 | -2.6% | -10.7% | -8.1% | |
| Q1 2021 | -7.0% | +3.7% | +19.6% | |
| Q4 2020 | -6.2% | -9.5% | -29.5% | |
| Q3 2020 | +9.6% | +26.9% | +83.4% | |
| Q2 2020 | -3.4% | +1.7% | -8.4% | |
| Q1 2020 | -6.1% | -3.7% | +45.3% | |
| Q4 2019 | -2.3% | -27.7% | -45.3% | |
| Q3 2019 | +1.0% | +0.0% | +1.0% | |
| Q2 2019 | +0.0% | +6.5% | +8.2% | |
| Q1 2019 | -10.9% | -25.1% | -28.0% | |
| Q4 2018 | -1.3% | -4.3% | +3.4% | |
| Q3 2018 | +3.3% | -7.5% | -22.6% | |
| Q2 2018 | -25.5% | -12.3% | -20.5% | |
| Q1 2018 | +41.4% | +36.0% | +107.2% | |
| Q4 2017 | -3.7% | -6.3% | -14.3% | |
| Q3 2017 | -7.1% | -3.9% | -14.7% | |
| Q2 2017 | -5.2% | -10.0% | -16.4% | |
| Q1 2017 | +8.0% | +15.3% | -3.1% | |
| Q4 2016 | -13.7% | -11.6% | +0.0% | |
| Q3 2016 | -2.4% | -1.9% | +13.0% | |
| Q2 2016 | +1.5% | +2.9% | +5.8% | |
| Q1 2016 | -6.6% | — | — | |
| Q4 2015 | +6.0% | — | — | |
| Q3 2015 | -6.0% | — | — | |
| Q2 2015 | +9.7% | — | — | |
| Q1 2015 | -8.3% | — | — | |
| Q4 2014 | -21.4% | — | — | |
| Q3 2014 | -0.4% | — | — | |
| Q2 2014 | +17.0% | — | — | |
| Q1 2014 | -21.6% | — | — | |
| Q4 2013 | +15.4% | — | — | |
| Q3 2013 | +12.7% | — | — | |
| Q2 2013 | +0.2% | — | — | |
| Q1 2013 | -6.9% | — | — | |
| Q4 2012 | -9.7% | — | — | |
| Q4 2009 | -9.7% | — | — | |
| Q3 2012 | -1.8% | — | — | |
| Q2 2012 | -5.0% | — | — | |
| Q1 2011 | -2.9% | — | — | |
| Q1 2012 | -2.9% | — | — | |
| Q4 2011 | +13.7% | — | — | |
| Q3 2011 | -8.3% | — | — | |
| Q3 2010 | -8.3% | — | — | |
| Q2 2010 | +0.5% | — | — | |
| Q2 2011 | +0.5% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q1 2010 | +6.1% | — | — |
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