Vaalco reports Q4 2025 production within guidance
Full-year WI production of 21,160 BOEPD exceeded guidance midpoint, while Adjusted EBITDAX reached $173.4 million and net loss was $41.4 million on a Canada impairment.
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African-focused oil and gas exploration and production company
vaalco.comLast updated
In short: Vaalco completed Gabon Phase 3, started Baobab Phase 5 and reported $42.4 million in Q2 net income.
Full-year WI production of 21,160 BOEPD exceeded guidance midpoint, while Adjusted EBITDAX reached $173.4 million and net loss was $41.4 million on a Canada impairment.
Adjusted EBITDAX reaches $23.7 million as NRI production of 15,405 BOEPD lands at the high end of guidance. It raises full-year production guidance midpoint 6% and cuts capital guidance 19%.
It reports a net loss of $39.8 million on hedging losses, Adjusted EBITDAX of $71.1 million, and declares a $0.0625 quarterly dividend.
Q1 NRI sales and production exceeded guidance midpoints, capex was $78.1 million, and FY26 production and sales guidance rose 8% and 12%.
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