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VAALCO Energy, Inc. (EGY) Q4 2025 Earnings Call Transcript

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⚡ Quantum Brief
VAALCO Energy reported Q4 2025 earnings with a $0.02 per-share loss, missing estimates by $0.04, despite revenue of $91.04 million—down 25.2% year-over-year but exceeding expectations by $942,000. CEO George Maxwell and CFO Ronald Bain led the March 13, 2026, call, highlighting operational challenges amid declining oil prices and reduced production volumes in key African assets. The company emphasized cost-cutting measures and capital discipline, though full-year 2025 results reflected persistent volatility in commodity markets and geopolitical risks in its core regions. Analysts from firms like Stifel and Water Tower Research questioned guidance for 2026, pressing executives on debt management and exploration plans in Gabon and Equatorial Guinea. A supplemental investor deck was referenced for detailed financial breakdowns, signaling transparency efforts amid investor concerns over liquidity and long-term growth strategies.
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SA Transcripts158.96K FollowersFollow5ShareSaveCommentsQ4: 2026-03-12 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of -$0.02 misses by $0.04 | Revenue of $91.04M (-25.20% Y/Y) beats by $942.00K VAALCO Energy, Inc. (EGY) Q4 2025 Earnings Call March 13, 2026 10:00 AM EDT Company Participants Al PetrieGeorge Maxwell - CEO & DirectorRonald Bain - Chief Financial OfficerThor Pruckl - Chief Operating Officer Conference Call Participants Stephane Guy Foucaud - Auctus Advisors LLP, Research DivisionJeffrey Robertson - Water Tower Research LLCChristopher Wheaton - Stifel, Nicolaus & Company, Incorporated, Research DivisionCharlie Sharp - Canaccord Genuity Corp., Research DivisionWilliam Dezellem - Tieton Capital Management, LLCAaron Schafer Presentation Operator Good morning, and welcome to the VAALCO Energy Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Al Petrie, Investor Relations Coordinator. Please go ahead.

Al Petrie Thank you, operator, and welcome to VAALCO Energy's Fourth Quarter and Full Year 2025 Conference Call. After I cover the forward-looking statements, George Maxwell, our CEO, will review key highlights of the fourth quarter. Ron Bain, our CFO, will then provide a more in-depth financial review. George will then return for some closing comments before we take your questions. [Operator Instructions] I'd like to point out that we posted a supplemental investor deck on our website that has additional financial analysis, comparison and guidance that should be helpful. With that, let me proceed with our forward-looking statement comments. During the course of this conference call, the company will be making forward-looking statements within the meaning of federal securities laws. As a reminder, these statements are based upon our current beliefs, as well as certain assumptions and information currently available to us as we discuss in more detail in our fourth quarter and year-end 2025 earnings release and our Form 10-K for the year ended 2025 we expect to file on and before March 16, 2026. Investors are cautioned that forward-looking statements are not

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