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VAALCO Energy Q2 GAAP net income swings to USD 42.4 million; adjusted EBITDAX climbs to USD 54.8 million
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VAALCO Energy Q2 GAAP net income swings to USD 42.4 million; adjusted EBITDAX climbs to USD 54.8 million
  • VAALCO Energy posted GAAP net income of USD 42.4 million, or USD 0.39 per diluted share, swinging from a GAAP net loss in Q1 2026.
  • Net revenue rose 116% from Q1 2026 to USD 135.17 million on higher NRI sales volumes of 1,621,000 BOE, up 48%.
  • Adjusted EBITDAX climbed to USD 54.8 million from USD 11.6 million in Q1 2026.
  • Quarterly NRI sales averaged 17,812 BOEPD, up 47% from Q1 2026; NRI production increased 10% to 16,688 BOEPD.
  • Management flagged Baobab’s June restart in Côte d’Ivoire, forecast Q3 NRI sales of 17,200–18,900 BOPD, and reaffirmed FY2026 NRI production guidance of 17,500–19,400 BOEPD.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VAALCO Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000894627-26-000047), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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