5 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive VP, Corp. Dev. David Desautels received 26,115 shares and a 41,206-share option grant as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ EVP, Gen. Counsel & Corp. Sect Michael G Silver received 33,439 shares and a 52,764-share option grant as part of the equity award.
5 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ CAO & Controller Jason Doornik received 25,096 shares as part of the equity award.
5 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds received 133,758 shares and a 211,055-share option grant as part of the equity award.
5 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Elizabeth D Prochnow received 33,439 shares and a 52,764-share option grant as part of the equity award.
2 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive VP, Corp. Dev. David Desautels had 5,952 shares withheld for taxes on vesting stock.
2 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds had 19,427 shares withheld for taxes on vesting stock.
2 Mar 2021director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Elizabeth D Prochnow had 1,061 shares withheld for taxes on vesting stock.
1 Mar 2021asset acquisition disposition▲ GoodMajor
VAALCO completed the Sasol acquisition first announced in November 2020, paying a final $29.6 million and bringing its Etame Marin stake to 58.8%.
11 Feb 2021substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION reported a VAALCO shareholding of 3,730,174 shares (6.49% of votes) in a periodic institutional filing.
10 Feb 2021substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial VAALCO shareholding of 3,042,538 shares (5.30% of votes).
13 Jan 2021substantial holder notice● Neutral
Tieton Capital Management reported a VAALCO shareholding of 3,831,582 shares (6.70% of votes) in a periodic institutional filing.
8 Jan 2021director interest notice● Neutral
Chief Financial Officer Elizabeth Prochnow exercised options over 54,945 shares at $1.04 on 6 January 2021. 37,229 shares were withheld at $1.92.
7 Jan 2021director interest notice● Neutral
CEO Cary Bounds exercised stock appreciation rights and options over 239,440 shares at $1.04 on 5 January 2021. The filing shows 218,607 shares disposed, including 39,027 withheld at $1.91.
21 Dec 2020other▲ Good
VAALCO said the other joint owners in the Etame Marin permit had not exercised their pre-emptive rights to match its pending purchase of Sasol Gabon's 27.8% working interest, clearing the way for that acquisition to proceed.
23 Nov 2020director interest notice● Neutral
Chief Financial Officer Elizabeth Prochnow exercised stock appreciation rights over 60,022 shares at $0.86 on 19 November 2020. The filing shows the same 60,022 shares disposed at $1.77.
17 Nov 2020material agreement▲ GoodMajor
VAALCO agreed to buy Sasol's 27.8% stake in Etame Marin (raising its total interest to 58.8%) plus a 40% stake in Block DE-8, for $44 million.
5 Nov 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $18.3 million and net income of $7.6 million for the period ended 2020-09-30.
5 Nov 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $18.3 million and net income of $7.6 million for the period ended 2020-09-30.
3 Nov 2020director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive VP, Corp. Dev. David Desautels had 3,273 shares withheld for taxes on vesting stock.
1 Oct 2020quarterly activities report● Neutral
VAALCO announced it would acquire and process new 3-D seismic over the entire Etame Marin block from Q4 2020, costing $13-15 million gross ($4-5 million net). It also estimated Q3 2020 production at 4,370 net BOPD.
10 Aug 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $18.0 million and net income of $596 thousand for the period ended 2020-06-30.
6 Aug 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $18.0 million and net income of $596 thousand for the period ended 2020-06-30.
4 Aug 2020bylaws amendment● Neutral
VAALCO adopted a Third Amended and Restated set of bylaws clarifying stockholder voting standards (majority-of-votes-cast for most matters, plurality for director elections), a routine governance housekeeping update.
9 July 2020listing compliance notice▲ Good
VAALCO regained full compliance with the NYSE's continued listing standards.
30 June 2020director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Bradley Louis Radoff received 65,041 shares as part of the equity award.
30 June 2020director officer appointment● NeutralMajor
VAALCO's board grew as George Maxwell and Cathy Stubbs were elected as new independent directors at the annual meeting, and activist investor Bradley Radoff joined as designee of his BLR Partners/Group 42 entities - the same group VAALCO settled a board dispute with in 2015. Maxwell would go on to become CEO less than two years later.
30 June 2020director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Catherine L Stubbs received 65,041 shares as part of the equity award.
29 June 2020director interest notice● Neutral
VAALCO ENERGY INC /DE/ EVP, Gen. Counsel & Corp. Sect Michael G Silver received 52,500 shares and a 84,677-share option grant as part of the equity award.
29 June 2020director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Elizabeth D Prochnow received 52,500 shares and a 84,677-share option grant as part of the equity award.