VAALCO ENERGY INC /DE/ - 8-K Filing
VAALCO Energy reported a first-quarter net loss of $93.8 million ($0.90 per diluted share), primarily due to losses on derivative instruments and exploration expenses, with Adjusted Net Loss at $47.2 million ($0.45 per diluted share). The company produced 15,110 NRI BOEPD in Q1 2026, slightly above guidance midpoints, while sales volumes are expected to rise by up to 44% in Q2 2026 compared to Q1. Capital expenditures reached $78.1 million for drilling and FPSO refurbishment. (Items: 2.02 Results of Operations and Financial Condition, 7.01 Regulation FD Disclosure, 9.01 Financial Statements and Exhibits)
Tickers: $EGY