VAALCO Energy share price today
VAALCO Energy, Inc. · EGY · Energy · Oil & Gas Exploration & Production · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
VAALCO Energy share price: $5.40 at the close on 4 November 2026, +37.8% in a year.
VAALCO Energy, Inc.'s share price has risen faster than its earnings: +37.8% in a year, against −172.2% for earnings per share.
The main question: the share price moved +37.8% in a year while yearly earnings per share moved −172.2%. The difference came from the market paying a higher multiple.
The price has been between phases, and the P/E is higher than 100% of its own last 10 months. Over the last four quarters, results have been improving, with profit +398.2% on a year earlier, and 276% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.
What is the VAALCO Energy share price today?
VAALCO Energy, Inc.'s share price was $5.40 at the close on 4 November 2026. That is 4.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $7, and at that close it sat 63% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running.
Nov 2026: $5.40, 4.6% below its 200-day average.
- Price $5.40
- 50-day avg $6.04
- 200-day avg $5.66
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $3.91 | – | – |
| 18 Jul 2025 | $3.55 | – | – |
| 25 Jul 2025 | $3.76 | – | – |
| 1 Aug 2025 | $3.60 | – | – |
| 8 Aug 2025 | $3.75 | – | – |
| 15 Aug 2025 | $3.70 | – | – |
| 22 Aug 2025 | $3.96 | – | – |
| 29 Aug 2025 | $3.88 | – | – |
| 5 Sep 2025 | $3.83 | – | – |
| 12 Sep 2025 | $4.02 | – | – |
| 19 Sep 2025 | $4.14 | $3.82 | – |
| 26 Sep 2025 | $4.25 | $3.87 | – |
| 3 Oct 2025 | $4.01 | $3.90 | – |
| 10 Oct 2025 | $3.75 | $3.92 | – |
| 17 Oct 2025 | $3.71 | $3.94 | – |
| 24 Oct 2025 | $3.91 | $3.94 | – |
| 31 Oct 2025 | $3.93 | $3.96 | – |
| 7 Nov 2025 | $3.92 | $3.95 | – |
| 14 Nov 2025 | $3.86 | $3.95 | – |
| 21 Nov 2025 | $3.52 | $3.92 | – |
| 28 Nov 2025 | $3.58 | $3.86 | – |
| 5 Dec 2025 | $3.55 | $3.80 | – |
| 12 Dec 2025 | $3.51 | $3.74 | – |
| 19 Dec 2025 | $3.43 | $3.68 | – |
| 26 Dec 2025 | $3.46 | $3.66 | – |
| 2 Jan 2026 | $3.66 | $3.65 | – |
| 9 Jan 2026 | $3.65 | $3.62 | – |
| 16 Jan 2026 | $4.50 | $3.65 | – |
| 23 Jan 2026 | $4.75 | $3.72 | – |
| 30 Jan 2026 | $5.14 | $3.83 | – |
| 6 Feb 2026 | $4.84 | $3.97 | – |
| 13 Feb 2026 | $4.93 | $4.10 | – |
| 20 Feb 2026 | $5.15 | $4.22 | – |
| 27 Feb 2026 | $5.15 | $4.38 | – |
| 6 Mar 2026 | $5.45 | $4.57 | – |
| 13 Mar 2026 | $5.39 | $4.76 | – |
| 20 Mar 2026 | $6.25 | $4.98 | – |
| 27 Mar 2026 | $6.44 | $5.22 | – |
| 2 Apr 2026 | $6.26 | $5.36 | – |
| 10 Apr 2026 | $5.80 | $5.49 | – |
| 17 Apr 2026 | $5.32 | $5.54 | – |
| 24 Apr 2026 | $6.10 | $5.65 | $4.34 |
| 1 May 2026 | $6.48 | $5.81 | $4.41 |
| 8 May 2026 | $5.60 | $5.91 | $4.48 |
| 15 May 2026 | $5.98 | $5.99 | $4.53 |
| 22 May 2026 | $5.72 | $6.04 | $4.59 |
| 29 May 2026 | $5.22 | $6.02 | $4.62 |
| 5 Jun 2026 | $5.29 | $5.95 | $4.66 |
| 12 Jun 2026 | $5.46 | $5.87 | $4.70 |
| 18 Jun 2026 | $5.58 | $5.81 | $4.74 |
| 26 Jun 2026 | $4.93 | $5.75 | $4.77 |
| 2 Jul 2026 | $5.06 | $5.70 | $4.79 |
| 10 Jul 2026 | $5.25 | $5.61 | $4.81 |
| 17 Jul 2026 | $5.30 | $5.48 | $4.84 |
| 24 Jul 2026 | $5.55 | $5.44 | $4.88 |
| 31 Jul 2026 | $5.33 | $5.36 | $4.91 |
| 7 Aug 2026 | $5.55 | $5.32 | $4.95 |
| 14 Aug 2026 | $5.78 | $5.36 | $5.00 |
| 21 Aug 2026 | $5.94 | $5.40 | $5.05 |
| 28 Aug 2026 | $5.77 | $5.43 | $5.10 |
| 4 Sep 2026 | $6.00 | $5.50 | $5.15 |
| 11 Sep 2026 | $6.32 | $5.60 | $5.20 |
| 18 Sep 2026 | $6.06 | $5.70 | $5.27 |
| 25 Sep 2026 | $5.82 | $5.76 | $5.33 |
| 2 Oct 2026 | $5.73 | $5.78 | $5.39 |
| 9 Oct 2026 | $6.01 | $5.84 | $5.45 |
| 16 Oct 2026 | $6.20 | $5.94 | $5.51 |
| 23 Oct 2026 | $6.56 | $6.00 | $5.58 |
| 30 Oct 2026 | $6.44 | $6.05 | $5.65 |
| 4 Nov 2026 | $5.40 | $6.04 | $5.66 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 30 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −8.8% |
| 17 Oct 2025 | −1.4% |
| 24 Oct 2025 | −2.3% |
| 31 Oct 2025 | −0.5% |
| 7 Nov 2025 | −0.8% |
| 14 Nov 2025 | −0.1% |
| 21 Nov 2025 | −13.2% |
| 28 Nov 2025 | −13.7% |
| 5 Dec 2025 | −13.3% |
| 12 Dec 2025 | −16.4% |
| 19 Dec 2025 | −19.7% |
| 26 Dec 2025 | −22.9% |
| 2 Jan 2026 | −10.8% |
| 9 Jan 2026 | −9.0% |
| 16 Jan 2026 | +17.2% |
| 23 Jan 2026 | +19.7% |
| 30 Jan 2026 | +29.3% |
| 6 Feb 2026 | +20.5% |
| 13 Feb 2026 | +26.3% |
| 20 Feb 2026 | +41.7% |
| 27 Feb 2026 | +43.5% |
| 6 Mar 2026 | +55.5% |
| 13 Mar 2026 | +56.4% |
| 20 Mar 2026 | +86.9% |
| 27 Mar 2026 | +94.3% |
| 2 Apr 2026 | +75.0% |
| 10 Apr 2026 | +61.0% |
| 17 Apr 2026 | +15.6% |
| 24 Apr 2026 | +24.8% |
| 1 May 2026 | +21.9% |
| 8 May 2026 | +8.9% |
| 15 May 2026 | +12.9% |
| 22 May 2026 | +2.9% |
| 29 May 2026 | −8.9% |
| 5 Jun 2026 | −12.6% |
| 12 Jun 2026 | −10.7% |
| 18 Jun 2026 | −25.9% |
| 26 Jun 2026 | −38.4% |
| 2 Jul 2026 | −32.7% |
| 10 Jul 2026 | −20.6% |
| 17 Jul 2026 | −5.0% |
| 24 Jul 2026 | −12.5% |
| 31 Jul 2026 | −21.4% |
| 7 Aug 2026 | −5.7% |
| 14 Aug 2026 | −8.4% |
| 21 Aug 2026 | +1.2% |
| 28 Aug 2026 | +8.8% |
| 4 Sep 2026 | +9.0% |
| 11 Sep 2026 | +12.7% |
| 18 Sep 2026 | +6.6% |
| 25 Sep 2026 | +12.2% |
| 2 Oct 2026 | +9.9% |
| 9 Oct 2026 | +11.3% |
| 16 Oct 2026 | +14.3% |
| 23 Oct 2026 | +15.4% |
| 30 Oct 2026 | +19.7% |
| 4 Nov 2026 | −1.9% |
Over the last 1 year the share price moved +38% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does VAALCO Energy pay?
VAALCO Energy, Inc. paid $0.25 per share over the last four reported quarters. The most recent declaration was $0.06 for Jun 2026. At today's price of $5.40 that is a yield of 4.63%, based on dividends already paid, not a forecast.
A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.
Dividend per share each quarter: latest $0.06 (Jun 2026)
- Dividend per share $0.06
| Quarter | Dividend per share |
|---|---|
| Sep 2023 | $0.06 |
| Dec 2023 | $0.06 |
| Mar 2024 | $0.06 |
| Jun 2024 | $0.06 |
| Sep 2024 | $0.06 |
| Dec 2024 | $0.06 |
| Mar 2025 | $0.06 |
| Jun 2025 | $0.06 |
| Sep 2025 | $0.06 |
| Dec 2025 | $0.06 |
| Mar 2026 | $0.06 |
| Jun 2026 | $0.06 |
Which stock lists is VAALCO Energy on?
VAALCO Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is VAALCO Energy profitable?
VAALCO Energy, Inc. earned $41.2 M of net profit in the Jun 2026 quarter, +398.2% on the same quarter a year earlier. The full FY25 year was a loss of $41.9 M. That is 30.5% of the quarter's revenue. The same quarter a year earlier earned $8.3 M. 2 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
For the full year, FY25 profit was −$41.9 M (−172.5% on the year before).
FY25 profit −$41.9 M (−172.5% on the year before)
- Net profit −$41.9 M
| Quarter | Net profit |
|---|---|
| FY21 | $80.5 M |
| FY22 | $51.3 M |
| FY23 | $59.7 M |
| FY24 | $57.8 M |
| FY25 | −$41.9 M |
Growth on a year earlier
- Growth on a year earlier −172.5%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | −36.3% |
| FY23 | 16.4% |
| FY24 | −3.3% |
| FY25 | −172.5% |
Jun 2026: $41.2 M (+398.2% on a year earlier)
- Net profit (quarterly) $41.2 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $6.1 M |
| Dec 2023 | $43.5 M |
| Mar 2024 | $7.7 M |
| Jun 2024 | $27.8 M |
| Sep 2024 | $10.8 M |
| Dec 2024 | $11.4 M |
| Mar 2025 | $7.6 M |
| Jun 2025 | $8.3 M |
| Sep 2025 | $1.1 M |
| Dec 2025 | −$58.8 M |
| Mar 2026 | −$92.9 M |
| Jun 2026 | $41.2 M |
Growth on a year earlier
- Growth on a year earlier 398.2%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | −10.6% |
| Dec 2023 | 146.8% |
| Mar 2024 | 122.9% |
| Jun 2024 | 314% |
| Sep 2024 | 78.5% |
| Dec 2024 | −73.7% |
| Mar 2025 | −0.5% |
| Jun 2025 | −70.3% |
| Sep 2025 | −89.8% |
| Dec 2025 | −613.6% |
| Mar 2026 | −1,317.4% |
| Jun 2026 | 398.2% |
Why profit moved: revenue changed +39.5% on a year earlier and the margin moved +29.4 percentage points. Most of the change came from keeping more of each sale.
On average over the last four quarters, profit changed −405.7% and revenue −21.4%. Profit is growing slower than sales: rising costs are taking part of the growth.
How much revenue does VAALCO Energy make, and is it growing?
VAALCO Energy, Inc. reported $135 M of revenue in the Jun 2026 quarter, +39.5% on the same quarter a year earlier. Over 4 years it has grown 15.9% a year on average. The last full year, FY25, came in at $359 M. The last four reported quarters add to $350 M.
Revenue is everything the company billed its customers in the period.
FY25 revenue was $359 M, −25.0% on the year before.
FY25 revenue $359 M (−25.0% on the year before), 15.9% a year over 4 years
- Revenue $359 M
| Quarter | Revenue |
|---|---|
| FY21 | $199 M |
| FY22 | $354 M |
| FY23 | $455 M |
| FY24 | $479 M |
| FY25 | $359 M |
Growth on a year earlier
- Growth on a year earlier −25%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 78% |
| FY23 | 28.4% |
| FY24 | 5.3% |
| FY25 | −25% |
Jun 2026: $135 M (+39.5% on a year earlier)
- Revenue (quarterly) $135 M
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $116 M |
| Dec 2023 | $149 M |
| Mar 2024 | $100 M |
| Jun 2024 | $117 M |
| Sep 2024 | $140 M |
| Dec 2024 | $122 M |
| Mar 2025 | $110 M |
| Jun 2025 | $96.9 M |
| Sep 2025 | $61.0 M |
| Dec 2025 | $91.0 M |
| Mar 2026 | $62.6 M |
| Jun 2026 | $135 M |
Growth on a year earlier
- Growth on a year earlier 39.5%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 48.9% |
| Dec 2023 | 54.4% |
| Mar 2024 | 24.6% |
| Jun 2024 | 6.9% |
| Sep 2024 | 20.7% |
| Dec 2024 | −18.4% |
| Mar 2025 | 10.2% |
| Jun 2025 | −17% |
| Sep 2025 | −56.5% |
| Dec 2025 | −25.2% |
| Mar 2026 | −43.3% |
| Jun 2026 | 39.5% |
Recent pace: the last four quarters grew −21.4% on average, against 15.9% a year over the longer run, so this year is growing slower than its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew −25.5%, against −14.8% a year over the last 8 quarters (rolling over).
How much of every $100 of sales does VAALCO Energy keep?
VAALCO Energy, Inc.'s operating margin was 47.5% in the Jun 2026 quarter, 29.4 percentage points higher than the same quarter a year ago. Across 5 years it has been between 13.8% and 37.7%. The latest quarter is above every full year in that period.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +29.4 percentage points on the year while gross margin changed +8.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.
FY25: 13.8%, within a range of 13.8% to 37.7% over 5 years
- Operating margin 13.8%
| Quarter | Operating margin |
|---|---|
| FY21 | 28.3% |
| FY22 | 37.7% |
| FY23 | 34.9% |
| FY24 | 28.3% |
| FY25 | 13.8% |
Change on the year before (points)
- Change on the year before (points) −14.5 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +9.4 pts |
| FY23 | −2.8 pts |
| FY24 | −6.6 pts |
| FY25 | −14.5 pts |
Jun 2026: operating margin 47.5% (+29.4 points on a year earlier)
- Operating margin 47.5%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 28.6% |
| Dec 2023 | 55.9% |
| Mar 2024 | 31.3% |
| Jun 2024 | 17.7% |
| Sep 2024 | 31.6% |
| Dec 2024 | 31.3% |
| Mar 2025 | 23.7% |
| Jun 2025 | 18.1% |
| Sep 2025 | −0.3% |
| Dec 2025 | 6.6% |
| Mar 2026 | −136.6% |
| Jun 2026 | 47.5% |
Change on a year earlier (points)
- Change on a year earlier (points) +29.4 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −19.9 pts |
| Dec 2023 | +30.9 pts |
| Mar 2024 | +4.4 pts |
| Jun 2024 | −1.1 pts |
| Sep 2024 | +3.0 pts |
| Dec 2024 | −24.6 pts |
| Mar 2025 | −7.6 pts |
| Jun 2025 | +0.4 pts |
| Sep 2025 | −31.9 pts |
| Dec 2025 | −24.7 pts |
| Mar 2026 | −160.3 pts |
| Jun 2026 | +29.4 pts |
Is VAALCO Energy's profit turning into cash?
Over the last 3 years, 276% of VAALCO Energy, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $213 M of operating cash against −$41.9 M of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After $256 M of spending on assets, free cash was −$43.2 M: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $213 M against profit −$41.9 M; 276% of 3 years' profit came in as cash
- Operating cash $213 M
- Net profit −$41.9 M
- Free cash −$43.2 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $50.1 M | $80.5 M | $11.1 M |
| FY22 | $129 M | $51.3 M | −$31.1 M |
| FY23 | $224 M | $59.7 M | $126 M |
| FY24 | $114 M | $57.8 M | $10.7 M |
| FY25 | $213 M | −$41.9 M | −$43.2 M |
Jun 2026: operating cash $73.7 M = 179% of the quarter's profit
- Operating cash (quarterly) $73.7 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $94.2 M |
| Dec 2023 | $51.8 M |
| Mar 2024 | $21.8 M |
| Jun 2024 | −$0.4 M |
| Sep 2024 | $47.8 M |
| Dec 2024 | $44.5 M |
| Mar 2025 | $32.7 M |
| Jun 2025 | $18.3 M |
| Sep 2025 | $16.4 M |
| Dec 2025 | $145 M |
| Mar 2026 | −$39.2 M |
| Jun 2026 | $73.7 M |
Operating cash as % of profit
- Operating cash as % of profit 179%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 1,551% |
| Dec 2023 | 119% |
| Mar 2024 | 285% |
| Jun 2024 | −2% |
| Sep 2024 | 441% |
| Dec 2024 | 389% |
| Mar 2025 | 429% |
| Jun 2025 | 222% |
| Sep 2025 | 1,484% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | 179% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does VAALCO Energy's cash go?
VAALCO Energy, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $456 M on assets over the last 3 years. Averaged over those years that is 42.3% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $456 M over the last 3 years.
FY25: capex $256 M, up from the year before
- Capex $256 M
| Quarter | Capex |
|---|---|
| FY21 | $39.1 M |
| FY22 | $160 M |
| FY23 | $97.2 M |
| FY24 | $103 M |
| FY25 | $256 M |
Jun 2026: capex $104 M in the quarter
- Capex (quarterly) $104 M
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $22.5 M |
| Dec 2023 | $19.9 M |
| Mar 2024 | $16.6 M |
| Jun 2024 | $32.5 M |
| Sep 2024 | $12.4 M |
| Dec 2024 | $41.5 M |
| Mar 2025 | $58.8 M |
| Jun 2025 | $48.7 M |
| Sep 2025 | $48.3 M |
| Dec 2025 | $100 M |
| Mar 2026 | $78.1 M |
| Jun 2026 | $104 M |
Free cash
- Free cash −$29.9 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $71.7 M |
| Dec 2023 | $31.9 M |
| Mar 2024 | $5.2 M |
| Jun 2024 | −$32.9 M |
| Sep 2024 | $35.4 M |
| Dec 2024 | $3.1 M |
| Mar 2025 | −$26.1 M |
| Jun 2025 | −$30.3 M |
| Sep 2025 | −$31.9 M |
| Dec 2025 | $45.0 M |
| Mar 2026 | −$117 M |
| Jun 2026 | −$29.9 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is VAALCO Energy's P/E ratio, and how does it compare with its own history?
VAALCO Energy, Inc.'s P/E is 24.0×, about the highest it has ever been. Its usual P/E (the middle reading) is 13.9×, over 10 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
P/E 24.0× against a usual 13.9×: about the highest it has ever been
- P/E 24.0×
- Median 13.9×
| Week | P/E | Median |
|---|---|---|
| 11 Jul 2025 | 10.9× | 13.9× |
| 18 Jul 2025 | 9.86× | 13.9× |
| 25 Jul 2025 | 10.4× | 13.9× |
| 1 Aug 2025 | 10.0× | 13.9× |
| 8 Aug 2025 | 10.4× | 13.9× |
| 15 Aug 2025 | 10.3× | 13.9× |
| 22 Aug 2025 | 11.0× | 13.9× |
| 29 Aug 2025 | 10.8× | 13.9× |
| 5 Sep 2025 | 10.6× | 13.9× |
| 12 Sep 2025 | 11.2× | 13.9× |
| 19 Sep 2025 | 11.5× | 13.9× |
| 26 Sep 2025 | 11.8× | 13.9× |
| 3 Oct 2025 | 14.8× | 13.9× |
| 10 Oct 2025 | 13.9× | 13.9× |
| 17 Oct 2025 | 13.7× | 13.9× |
| 24 Oct 2025 | 14.5× | 13.9× |
| 31 Oct 2025 | 14.6× | 13.9× |
| 7 Nov 2025 | 14.5× | 13.9× |
| 14 Nov 2025 | 14.3× | 13.9× |
| 21 Nov 2025 | 13.0× | 13.9× |
| 28 Nov 2025 | 13.3× | 13.9× |
| 5 Dec 2025 | 13.2× | 13.9× |
| 12 Dec 2025 | 13.0× | 13.9× |
| 19 Dec 2025 | 12.7× | 13.9× |
| 26 Dec 2025 | 12.8× | 13.9× |
| 2 Jan 2026 | 13.6× | 13.9× |
| 9 Jan 2026 | 13.5× | 13.9× |
| 16 Jan 2026 | 16.7× | 13.9× |
| 23 Jan 2026 | 17.6× | 13.9× |
| 30 Jan 2026 | 19.0× | 13.9× |
| 6 Feb 2026 | 17.9× | 13.9× |
| 13 Feb 2026 | 18.3× | 13.9× |
| 20 Feb 2026 | 19.1× | 13.9× |
| 27 Feb 2026 | 19.1× | 13.9× |
| 6 Mar 2026 | 20.2× | 13.9× |
| 13 Mar 2026 | 20.0× | 13.9× |
| 20 Mar 2026 | 23.1× | 13.9× |
| 27 Mar 2026 | 23.9× | 13.9× |
| 2 Apr 2026 | 23.2× | 13.9× |
| 10 Apr 2026 | 21.5× | 13.9× |
| 17 Apr 2026 | 19.7× | 13.9× |
| 24 Apr 2026 | 22.6× | 13.9× |
| 1 May 2026 | 24.0× | 13.9× |
Earnings per share, 12 months
- Earnings per share, 12 months $0.27
| Week | Earnings per share, 12 months |
|---|---|
| 11 Jul 2025 | – |
| 18 Jul 2025 | – |
| 25 Jul 2025 | – |
| 1 Aug 2025 | – |
| 8 Aug 2025 | – |
| 15 Aug 2025 | – |
| 22 Aug 2025 | – |
| 29 Aug 2025 | – |
| 5 Sep 2025 | – |
| 12 Sep 2025 | – |
| 19 Sep 2025 | – |
| 26 Sep 2025 | $0.36 |
| 3 Oct 2025 | $0.36 |
| 10 Oct 2025 | $0.36 |
| 17 Oct 2025 | $0.36 |
| 24 Oct 2025 | $0.36 |
| 31 Oct 2025 | $0.36 |
| 7 Nov 2025 | $0.36 |
| 14 Nov 2025 | $0.36 |
| 21 Nov 2025 | $0.36 |
| 28 Nov 2025 | $0.36 |
| 5 Dec 2025 | $0.36 |
| 12 Dec 2025 | $0.36 |
| 19 Dec 2025 | $0.36 |
| 26 Dec 2025 | $0.27 |
| 2 Jan 2026 | $0.27 |
| 9 Jan 2026 | $0.27 |
| 16 Jan 2026 | $0.27 |
| 23 Jan 2026 | $0.27 |
| 30 Jan 2026 | $0.27 |
| 6 Feb 2026 | $0.27 |
| 13 Feb 2026 | $0.27 |
| 20 Feb 2026 | $0.27 |
| 27 Feb 2026 | $0.27 |
| 6 Mar 2026 | $0.27 |
| 13 Mar 2026 | $0.27 |
| 20 Mar 2026 | $0.27 |
| 27 Mar 2026 | $0.27 |
| 2 Apr 2026 | $0.27 |
| 10 Apr 2026 | $0.27 |
| 17 Apr 2026 | $0.27 |
| 24 Apr 2026 | $0.27 |
| 1 May 2026 | $0.27 |
PEG 5.10 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
- PEG 5.10×
- PEG = 1.0 1.00×
| Quarter | PEG | PEG = 1.0 |
|---|---|---|
| Sep 2021 | 5.10× | 1.00× |
| Dec 2021 | 5.10× | 1.00× |
| Mar 2022 | 5.10× | 1.00× |
| Jun 2022 | 5.10× | 1.00× |
| Sep 2022 | 5.10× | 1.00× |
| Dec 2022 | 5.10× | 1.00× |
| Mar 2023 | 5.10× | 1.00× |
| Jun 2023 | 5.10× | 1.00× |
| Sep 2023 | 5.10× | 1.00× |
| Dec 2023 | 5.10× | 1.00× |
| Mar 2024 | 5.10× | 1.00× |
| Jun 2024 | 5.10× | 1.00× |
| Sep 2024 | 5.10× | 1.00× |
| Dec 2024 | 5.10× | 1.00× |
| Mar 2025 | 5.10× | 1.00× |
| Jun 2025 | 5.10× | 1.00× |
| Sep 2025 | 5.10× | 1.00× |
| Dec 2025 | 5.10× | 1.00× |
| Mar 2026 | 5.10× | 1.00× |
| Jun 2026 | 5.10× | 1.00× |
Why the multiple is where it is: over the past year earnings per share moved −172.2% while the price moved +37.8%. The price did better than earnings, which pushed the multiple up within its own range.
In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.
Is the VAALCO Energy business getting better or worse?
VAALCO Energy, Inc.'s business is getting worse. Revenue and EPS growth are shrinking: revenue growth is −25.5% in the latest quarter, against +32.4% at its best in 12 quarters, with ROCE falling at 10.6%. This is based on 12 quarters of 4 measures.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue −25.0% in FY25, profit −172.5%
- Revenue growth −25.0%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 78% |
| FY23 | 28.4% |
| FY24 | 5.3% |
| FY25 | −25% |
Profit growth, EPS growth
- Profit growth −172.5%
- EPS growth −172.2%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | −36.3% | −46.4% |
| FY23 | 16.4% | −23.5% |
| FY24 | −3.3% | −0.6% |
| FY25 | −172.5% | −172.2% |
Three growth lines over twelve quarters: revenue rolling over
- Revenue −25.5%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 28.1% |
| Dec 2023 | 28.4% |
| Mar 2024 | 29.7% |
| Jun 2024 | 32.4% |
| Sep 2024 | 25.8% |
| Dec 2024 | 5.3% |
| Mar 2025 | 3% |
| Jun 2025 | −2.7% |
| Sep 2025 | −23% |
| Dec 2025 | −25% |
| Mar 2026 | −36.3% |
| Jun 2026 | −25.5% |
Profit, EPS
- Profit −300%
- EPS −300%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −49.8% | −71.2% |
| Dec 2023 | 16.4% | −22.8% |
| Mar 2024 | 49.7% | 7.7% |
| Jun 2024 | 146% | 115.8% |
| Sep 2024 | 165.3% | 164% |
| Dec 2024 | −3.2% | −2.3% |
| Mar 2025 | −9.7% | −9.7% |
| Jun 2025 | −55.1% | −55.8% |
| Sep 2025 | −68.3% | −68.5% |
| Dec 2025 | −172.2% | −173.1% |
| Mar 2026 | −300% | −300% |
| Jun 2026 | −300% | −300% |
ROCE: the return line, worked out each quarter
- ROCE 10.6%
| Quarter | ROCE |
|---|---|
| Sep 2023 | 21.8% |
| Dec 2023 | 22.9% |
| Mar 2024 | 24.9% |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | 16.2% |
| Sep 2025 | 10.6% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.
The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | −25.0% | +0.5% | — | — |
| Stock price | +37.8% | — | — | — |
How much does VAALCO Energy earn on its capital?
VAALCO Energy, Inc. earned a ROE of −9% in FY25. Its return on capital used (ROIC) is 7.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −11.7% net margin and 0.39× asset turnover (sales divided by assets).
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
Why the return is what it is (FY25): a −11.7% net margin × 0.39× asset turnover × 2.06× leverage (assets divided by equity) ≈ −9.4% on equity. The margin does its share; borrowing is a big part of it.
The key test, return on capital used minus the cost of capital: −2.7% − 4.4% = −7.1 percentage points. The 4.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
The −2.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 9.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE −9%, the full history
- ROE −9.4%
- ROIC (annual) 9.4%
- Cost of capital 4.4%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 55.8% | 79.3% | 4.4% |
| FY22 | 11% | 18% | 4.4% |
| FY23 | 12.5% | 13.2% | 4.4% |
| FY24 | 11.5% | 11.8% | 4.4% |
| FY25 | −9.4% | 9.4% | 4.4% |
Jun 2026: ROIC −13.3% (last 12 months) against a 4.4% cost of capital
- ROIC (12 months) −13.3%
- ROE (12 months) −95.1%
- Cost of capital 4.4%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Sep 2023 | 15.5% | 6% | 4.4% |
| Dec 2023 | 9.2% | 5.5% | 4.4% |
| Mar 2024 | 13.9% | 38.1% | 4.4% |
| Jun 2024 | 14.9% | 6.5% | 4.4% |
| Sep 2024 | 16.6% | 23.3% | 4.4% |
| Dec 2024 | 17.4% | 8.8% | 4.4% |
| Mar 2025 | 10.2% | 9.3% | 4.4% |
| Jun 2025 | 10% | 6.1% | 4.4% |
| Sep 2025 | 8.5% | 6.6% | 4.4% |
| Dec 2025 | 6.3% | 0.9% | 4.4% |
| Mar 2026 | 4.3% | −49.4% | 4.4% |
| Jun 2026 | −13.3% | −95.1% | 4.4% |
Does VAALCO Energy have too much debt?
VAALCO Energy, Inc. has total debt of $262 M against shareholder equity of $380 M as of Jun 2026, so its debt is 0.69× its equity. Year by year, that ratio went from 0.07 in FY21 to 0.33 in FY25. Keep that borrowing in mind when reading the returns on this page.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $146 M, 0.33× equity
- Total debt $146 M
| Quarter | Total debt |
|---|---|
| FY21 | $10.2 M |
| FY22 | $89.1 M |
| FY23 | $90.8 M |
| FY24 | $98.2 M |
| FY25 | $146 M |
Debt-to-equity
- Debt-to-equity 0.33×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.07× |
| FY22 | 0.19× |
| FY23 | 0.19× |
| FY24 | 0.20× |
| FY25 | 0.33× |
Jun 2026: debt $262 M, debt-to-equity 0.69
- Total debt (quarterly) $262 M
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $89.3 M |
| Dec 2023 | $90.8 M |
| Mar 2024 | $90.2 M |
| Jun 2024 | $86.7 M |
| Sep 2024 | $85.8 M |
| Dec 2024 | $98.2 M |
| Mar 2025 | $96.4 M |
| Jun 2025 | $152 M |
| Sep 2025 | $148 M |
| Dec 2025 | $146 M |
| Mar 2026 | $240 M |
| Jun 2026 | $262 M |
Debt-to-equity
- Debt-to-equity 0.69×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 0.20× |
| Dec 2023 | 0.19× |
| Mar 2024 | 0.19× |
| Jun 2024 | 0.18× |
| Sep 2024 | 0.17× |
| Dec 2024 | 0.20× |
| Mar 2025 | 0.19× |
| Jun 2025 | 0.30× |
| Sep 2025 | 0.29× |
| Dec 2025 | 0.33× |
| Mar 2026 | 0.70× |
| Jun 2026 | 0.69× |
What is the VAALCO Energy shareholding pattern?
7.6% of VAALCO Energy, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is VAALCO Energy from balance-sheet trouble?
For VAALCO Energy, Inc., the Z-score is 0.77. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 0.77 is inside the danger zone, so the balance sheet is a real risk.
How does VAALCO Energy rank in its industry?
There is no score against its industry: VAALCO Energy, Inc. is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production.
The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.
Which companies is VAALCO Energy compared with?
No sector comparison is shown here, not among the largest members shown in this industry comparison.
Which companies are close to VAALCO Energy in size?
VAALCO Energy is the 46th largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Vitesse Energy, Inc., Obsidian Energy and Granite Ridge Resources, Inc. Just below it: W&T Offshore, Inc., SandRidge Energy, Inc. and Gran Tierra Energy Inc.
Oil & Gas Exploration & Production companies close in size
- Vitesse Energy, Inc. $618 million
- Obsidian Energy Ltd. $617 million
- Granite Ridge Resources, Inc. $611 million
- VAALCO Energy, Inc. $568 million
- W&T Offshore, Inc. $497 million
- SandRidge Energy, Inc. $467 million
- Gran Tierra Energy Inc. $356 million
All 57 Oil & Gas Exploration & Production companies, largest first
Companies close in size in other industries
- Bankwell Financial Group, Inc. $569 million · Banks - Regional
- EVgo, Inc. $569 million · Specialty Retail
- VAALCO Energy, Inc. $568 million
- Bank7 Corp. $568 million · Banks - Regional
- Onterris, Inc. $566 million · Waste Management
What else do people ask about VAALCO Energy?
What were VAALCO Energy's latest quarterly results?
VAALCO Energy, Inc. reported revenue of $135 M and net profit of $41.2 M for the Jun 2026 quarter. Revenue rose 39.5% and profit rose 398.2% compared with a year earlier. Earnings per share were $0.39.
The operating margin was 47.5%, 29.4 percentage points higher than a year earlier (as of 4 November 2026).
What is VAALCO Energy's market cap?
VAALCO Energy, Inc.'s market capitalisation is $568 M at a stock price of $5.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is VAALCO Energy performing?
VAALCO Energy, Inc.'s latest readings are below. In its latest quarter, revenue rose 39.5% and profit rose 398.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running.
This describes what the data did, not a rating (as of 4 November 2026).
Will VAALCO Energy's stock price go up?
This page does not forecast VAALCO Energy, Inc.'s stock price. What it shows instead: the stock price is $5.40. Its P/E of 24.0× is higher than 100% of its own last 1 years.
Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Is VAALCO Energy's profit real cash?
Yes, over the last 3 years, 276% of VAALCO Energy, Inc.'s reported profit came in as cash from operations. The latest year was lower at -508%, so the trend is worth watching. In FY25, operating cash was $213 M against reported profit of −$41.9 M.
Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).
Where is VAALCO Energy in its business cycle?
VAALCO Energy, Inc.'s FY25 operating margin was 13.8%, against a 5-year range of 13.8% to 37.7%: the low end of its own range, which is often where recoveries start. The latest quarter was 47.5%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the VAALCO Energy story?
The main question: the share price moved +37.8% in a year while yearly earnings per share moved −172.2%. The difference came from the market paying a higher multiple.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is VAALCO Energy a stock worth studying right now?
What the numbers show: VAALCO Energy, Inc.'s share price has risen faster than its earnings: +37.8% in a year, against −172.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved.
Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
See the plain-text version of this page.
More lists
Every Sector Alpha list, grouped
Stock screens
Market lists
Themes
Sectors
US stocks
X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.