EGY, US91851C2017

VAALCO Energy lifts fair value to USD 10.20 for VAALCO Energy stock

Published on 10/07/2026 at 03:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For VAALCO Energy stock, net income reached USD 42.45 million in the second quarter. Production rose 47.00 percent to 17,812 barrels per day.

EGY, US91851C2017, Illustration mit AI erstellt.

VAALCO Energy (US91851C2017) saw a Simply Wall St fair value model rise from USD 9.90 to USD 10.20 on October 6, 2026. The update puts the model value 43.20 percent above the USD 5.79 reference price shown in the same update, while the company stock's latest available Lang & Schwarz prior close was EUR 5.14 for October 5, 2026.

Fair value follows project milestones

According to Simply Wall St on October 6, 2026, the model increase reflected tighter assumptions around the Baobab restart in Côte d'Ivoire, drilling in Gabon and Egypt, and funding capacity. The update also reduced its long-term revenue growth assumption from 21.71 percent to 16.50 percent, a useful counterweight to the higher fair value.

The same analysis said VAALCO's 2026 plan includes 10 to 15 Egypt wells and an enlarged USD 300.00 million reserve-based lending facility. It also cited a 30.00 percent to 40.00 percent hedging program, linking the financing structure to future capital spending and dividend capacity.

Second-quarter earnings reversed losses

VAALCO's second-quarter 2026 revenue was USD 135.17 million, while net income reached USD 42.45 million and diluted earnings per share were USD 0.39. The standardized financial statements show a sharp sequential change from first-quarter revenue of USD 62.60 million and a net loss of USD 93.76 million.

The company's investor-relations page identifies the period as the quarter ended June 30, 2026 and reports adjusted EBITDAX of USD 54.80 million, unrestricted cash of USD 30.40 million and production of 16,688 net revenue interest barrels of oil equivalent per day. These are non-GAAP operating measures where stated by the company. VAALCO Energy dated the results release August 6, 2026.

Higher volumes meet a loss risk

As Yahoo Finance reported on September 9, 2026, sales volumes reached 17,812 net revenue interest barrels of oil equivalent per day in the second quarter, 47.00 percent above the first quarter. Management forecast third-quarter production of 19,600 to 21,600 net revenue interest barrels per day, a 23.00 percent midpoint increase once Côte d'Ivoire contributes a full quarter.

The operating rebound came with balance-sheet and earnings volatility. Yahoo Finance reported a first-half 2026 net loss of USD 51.30 million, compared with net income of USD 16.10 million in the first half of 2025, while production expense per barrel rose 23.00 percent year over year to USD 28.06.

Stock stays below its yearly high

Finance data showed a last NYSE price of USD 5.78 on October 6, 2026 at 4:00 p.m. ET, against a 52-week range of USD 3.36 to USD 6.72 and a market capitalization of USD 602.6 million. The NYSE listing and EGY ticker are identified by MarketWatch.

MarketBeat reported on October 6, 2026 that the stock traded above its 200-day moving average of USD 5.74 and cited an average target of USD 7.30 with a Reduce consensus. The contrast is clear: the production profile improved sharply in the second quarter, but the first-half loss and higher operating costs keep execution central to the valuation.

EUR 5.14 prior close sets the reference

The Lang & Schwarz prior close was EUR 5.14 on October 5, 2026. The quote set dated October 6, 2026 also showed EUR 5.15, but its date was before the publication date and its daily change is not used as a current October 7 figure. The further course of trading is shown by the continuously updated real-time quote of VAALCO Energy stock.