19 Apr 2024director interest notice● Neutral
Lynn Willis became a VAALCO ENERGY INC /DE/ Interim CAO and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Apr 2024director officer appointment▼ Bad
Chief Accounting Officer Jason Doornik was told his position would be terminated, with his employment ending May 15, 2024.
19 Mar 2024director interest notice● Neutral
Chair Andrew Fawthrop exercised options over 64,307 shares at $1.43 and had 15,938 shares withheld at $5.77, leaving him with 456,827 shares.
18 Mar 2024annual report● Neutral
VAALCO filed Amendment No. 1 to its 2023 annual report to correct a typographical error in the date referenced in KPMG's internal-control attestation report in Item 9A. No other items were changed.
15 Mar 2024annual report▲ Good
VAALCO's annual report for fiscal 2023, its first full year including TransGlobe's Canadian and Egyptian assets, showing revenue of $455.1 million and net income of about $60.4 million.
13 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Edward David Lafehr bought 612 shares on the open market.
13 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer George W.M. Maxwell had 7,154 shares withheld for taxes on vesting stock.
13 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Financial Officer Ronald Y Bain had 3,359 shares withheld for taxes on vesting stock.
13 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Accounting Officer Jason Doornik had 1,305 shares withheld for taxes on vesting stock.
13 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Operating Officer Thor Pruckl had 1,446 shares withheld for taxes on vesting stock.
6 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Operating Officer Thor Pruckl had 2,754 shares withheld for taxes on vesting stock.
6 Mar 2024director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Accounting Officer Jason Doornik had 2,481 shares withheld for taxes on vesting stock.
29 Feb 2024material agreement▲ GoodMajor
VAALCO agreed to buy Petroswede's Svenska Petroleum unit for $66.5 million, gaining a 27.39% stake in the Baobab field offshore Ivory Coast.
26 Feb 2024dividend declaration▲ GoodMajor
VAALCO declared a quarterly cash dividend of $0.0625 per share ($0.25 annualized) for the first quarter of 2024. It was payable March 28, 2024 to stockholders of record on March 8.
13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a VAALCO shareholding of 5,899,292 shares (5.61% of votes) in a periodic institutional filing.
9 Feb 2024director officer appointment● Neutral
An amended filing added the compensation terms of Thor Pruckl's November 2022 Chief Operating Officer appointment.
25 Jan 2024substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial VAALCO shareholding of 8,884,598 shares (8.40% of votes).
22 Jan 2024substantial holder notice● Neutral
State Street filed an exit Schedule 13G/A showing it held 3,867,406 VAALCO shares (3.68%) at December 31, 2023. That is below the 5% reporting threshold.
8 Nov 2023quarterly activities report● Neutral
VAALCO announced its third-quarter 2023 results and guidance for the rest of 2023. It also declared a quarterly dividend of $0.0625 per share, payable December 21, 2023 to holders of record on November 24.
8 Nov 2023quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $116.3 million and net income of $6.1 million for the period ended 2023-09-30.
16 Oct 2023quarterly activities report● Neutral
VAALCO issued a press release giving an operational and financial update for the third quarter of 2023, furnished as an exhibit to an 8-K. The filing itself gave no figures.
6 Oct 2023material agreement● Neutral
VAALCO updated its 2022 Glencore credit facility to use a new interest-rate benchmark after the old one (LIBOR) was phased out industry-wide - a routine technical change, not new borrowing.
31 Aug 2023director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer George W.M. Maxwell bought 5,000 shares on the open market at $4.11.
31 Aug 2023director interest notice● Neutral
VAALCO ENERGY INC /DE/ insider Andrew Lawrence Fawthrop bought 4,000 shares on the open market at $4.11.
30 Aug 2023production update▲ Good
VAALCO issued a press release on August 30, 2023 giving an operational update. The 8-K itself did not include the details.
9 Aug 2023quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $109.2 million and net income of $6.8 million for the period ended 2023-06-30.
9 Aug 2023quarterly activities report● Neutral
VAALCO announced it issued its second-quarter 2023 results and guidance on August 9, with a call the next day. It also declared a quarterly dividend of $0.0625 per share, payable September 22 to holders of record on August 25.
10 July 2023director interest notice● Neutral
VAALCO ENERGY INC /DE/ insider David Bruce Cook exercised stock options for 278,551 shares and disposed of 310,396 shares.
27 June 2023director interest notice● Neutral
VAALCO ENERGY INC /DE/ CAO & Controller Jason Doornik had 3,199 shares withheld for taxes on vesting stock.
27 June 2023director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Operating Officer Thor Pruckl had 3,552 shares withheld for taxes on vesting stock.