VAALCO Energy Files 8-K on Operations & Financial Condition
Ticker: EGY · Form: 8-K · Filed: Jan 17, 2024 · CIK: 894627
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, financial-condition
TL;DR
**VAALCO Energy (EGY) filed a standard 8-K, no major news, just routine compliance.**
AI Summary
VAALCO Energy, Inc. (EGY) filed an 8-K on January 17, 2024, to report on its results of operations and financial condition. This filing is a routine update, indicating that the company is providing current information to the SEC as required. For investors, this matters because it signals ongoing compliance and transparency, though the filing itself doesn't contain specific new financial figures or events that would immediately impact the stock price.
Why It Matters
This filing indicates VAALCO Energy is maintaining its regulatory obligations, which is a positive sign for corporate governance, but it does not disclose new material financial information.
Risk Assessment
Risk Level: low — This 8-K is a procedural filing and does not introduce new risks or significant financial changes.
Analyst Insight
A smart investor would note this as a routine compliance filing and await more substantive financial reports (like 10-K or 10-Q) for actionable insights into VAALCO Energy's performance.
Key Numbers
- $0.10 — Common Stock Par Value (The stated par value of VAALCO Energy's common stock.)
Key Players & Entities
- VAALCO Energy, Inc. (company) — the registrant filing the 8-K
- EGY (company) — trading symbol for VAALCO Energy, Inc.
- New York Stock Exchange (company) — exchange where VAALCO Energy's common stock is registered
- London Stock Exchange (company) — exchange where VAALCO Energy's common stock is registered
- January 17, 2024 (date) — date of earliest event reported and filing date
- $0.10 (dollar_amount) — par value of common stock
FAQ
What is the purpose of this 8-K filing by VAALCO Energy, Inc.?
The purpose of this 8-K filing, dated January 17, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item Information, indicating a routine update on the company's financial status and operational performance.
What is the trading symbol and where is VAALCO Energy, Inc. common stock registered?
VAALCO Energy, Inc.'s common stock trades under the symbol EGY and is registered on both the New York Stock Exchange and the London Stock Exchange, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What is the earliest event reported date in this 8-K filing?
The earliest event reported date in this 8-K filing is January 17, 2024, as explicitly stated under 'Date of Report (Date of earliest event reported): January 17, 2024'.
What is VAALCO Energy, Inc.'s business address and phone number?
VAALCO Energy, Inc.'s business address is 9800 Richmond Avenue, Suite 700, Houston, Texas 77042, and its telephone number is (713) 623-0801, as listed in the 'BUSINESS ADDRESS' section of the filing.
What is the state of incorporation for VAALCO Energy, Inc.?
VAALCO Energy, Inc. is incorporated in Delaware, as indicated by 'State or other jurisdiction of incorporation: Delaware' in the filing.
Filing Stats: 606 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-01-17 16:51:23
Key Financial Figures
- $0.10 — ch registered Common Stock , par value $0.10 EGY New York Stock Exchange Common
Filing Documents
- egy20240116_8k.htm (8-K) — 28KB
- ex_615751.htm (EX-99.1) — 17KB
- ex_615751img001.jpg (GRAPHIC) — 2KB
- 0001437749-24-001534.txt ( ) — 182KB
- egy-20240117.xsd (EX-101.SCH) — 3KB
- egy-20240117_def.xml (EX-101.DEF) — 11KB
- egy-20240117_lab.xml (EX-101.LAB) — 15KB
- egy-20240117_pre.xml (EX-101.PRE) — 11KB
- egy20240116_8k_htm.xml (XML) — 2KB
02.           Results of Operations and Financial Condition
Item 2.02.           Results of Operations and Financial Condition.   On January 17, 2024, VAALCO Energy, Inc. (the "Company") issued a press release providing an operational update including annual and fourth quarter production and sales volumes, a summary of dividends returned to shareholders for 2023 and an update on the share buyback program.   The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set forth by specific reference in such filing.    
01.           Financial Statements and Exhibits.    
Item 9.01.           Financial Statements and Exhibits.       (d) Exhibits         Exhibit No.   Description of Exhibit   99.1   Press Release, dated January 17, 2024   104   Cover Page Interactive Data File (embedded within the Inline XBRL document)           SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.               VAALCO Energy, Inc.     (Registrant)                   Date: January 17, 2024         By: /s/ Jason Doornik     Name:  Jason Doornik     Title: Chief Accounting Officer