Vaalco Energy Inc Reports Results For The Quarter Ended December 31: Earnings Summary

VAALCO Energy

14/03/2025 01:34

VAALCO Energy Inc EGY.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of two analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 5 cents per share.

Revenue fell 18.4% to $121.72 million from a year ago; analysts expected $107.80 million.

VAALCO Energy Inc's reported EPS for the quarter was 11 cents​.

The company reported quarterly net income of $11.66 million.

VAALCO Energy Inc shares had fallen by 9.4% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 59.1% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the oil & gas exploration and production peer group is also "buy"

Wall Street's median 12-month price target for VAALCO Energy Inc is $8.70

This summary was machine generated from LSEG data March 14 at 01:34 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.05
0.07
Beat
Sep. 30 2024
0.15
0.08
Missed
Jun. 30 2024
0.13
0.22
Beat
Mar. 31 2024
0.03
0.06
Beat