VAALCO Energy Stock | Analysis for March 2026, Price & Rating

VAALCO Energy

NYSE:EGY

$ 6,26

+ $0,09 (1,46%)

6,26 $

+$0,09 (1,46%)

End-of-day quote: 03/26/2026

VAALCO Energy Stock Value

The analyst rating for NYSE:EGY is currently Buy.

Buy

VAALCO Energy Company Info

EPS Growth 5Y

31,61%

Market Cap

$0,65 B

Long-Term Debt

$0,00 B

Short Interest

2,82%

Quarterly earnings

05/06/2026 (E)

Dividend

$0,25

Dividend Yield

4,05%

Founded

1985

Industry

Energy

Country

United States

ISIN Number

US91851C2017

Website

http://www.vaalco.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$7,50

19.81%

Last Update: 03/26/2026

Analysts: 3

Highest Price Target $10,50

Average Price Target $7,50

Lowest Price Target $7,30

In the last five quarters, VAALCO Energy’s Price Target has fallen from $9,35 to $8,60 - a -8,02% decrease. Two analysts predict that VAALCO Energy’s share price will increase in the coming year, reaching $7,50. This would represent an increase of 19,81%.

Top growth stocks in the energy sector (5Y.)

What does VAALCO Energy do?

VAALCO Energy, Inc. (‘VAALCO’), an independent energy company, engages in the acquisition, exploration, development and production of crude oil, natural gas and Natural Gas Liquids (‘NGLs’). The company has a diversified, African-focused asset portfolio in Gabon, Egypt, Cote d'Ivoire, and Equatorial Guinea, as well as producing properties in Canada. Strategy The company’s overall business strategy is to maximize the value of its current resources and expand into new development opportunities...

VAALCO Energy, Inc. (‘VAALCO’), an independent energy company, engages in the acquisition, exploration, development and production of crude oil, natural gas and Natural Gas Liquids (‘NGLs’).

The company has a diversified, African-focused asset portfolio in Gabon, Egypt, Cote d'Ivoire, and Equatorial Guinea, as well as producing properties in Canada.

Strategy

The company’s overall business strategy is to maximize the value of its current resources and expand into new development opportunities across its strategically complementary asset base. Specifically, the company’s strategies are to continue its focus on operating safely and complying with internationally accepted environmental operating standards; continue planning for additional development of its properties; opportunistically hedge against exposures to changes in crude oil, natural gas, or NGLs prices; and actively pursue strategic, value-accretive mergers and acquisitions of similar properties to diversify its portfolio of producing assets.

Acquisition

On April 30, 2024, the company completed the acquisition of Svenska Petroleum Exploration Aktiebolag, a company incorporated in Sweden (‘Svenska’), whereby it acquired all of the issued shares in the capital of Svenska, and Svenska became a direct wholly-owned subsidiary of the company (‘Svenska Acquisition’).

Segments

The company’s reportable operating segments are Gabon, Egypt, Cote d'Ivoire, Canada, and Equatorial Guinea.

Gabon Segment

During 2024, the company’s producing properties in Gabon produced approximately 2,783 MBoe, or 38% of its total production. The company’s Gabon production for the period was 100% crude oil.

The company owns a working interest in, and is the operator of, the Etame PSC related to the Etame Marin block located offshore Gabon in West Africa. The Etame Marin block covers an area of approximately 46,200 gross acres located 20 miles offshore in water depths of approximately 250 feet. Currently, the company owns a 58.8% working interest in the Etame Marin block, and it is designated as the operator on behalf of the Etame Consortium. The block is subject to a 7.5% back-in carried interest by the government of Gabon, which it has assigned to a third party.

The term of the Etame PSC extends through 2028, with two five-year options to extend the PSC (the ‘PSC Extension’). The PSC Extension provides the company with the extended time horizon necessary to pursue developing the resources it has identified at Etame. The government of Gabon has currently elected to take its Profit Oil in-kind.

The company is a member of the BWE Consortium (a consortium of the company, BW Energy, and Panoro Energy) that was provisionally awarded two blocks in the 12th Offshore Licensing Round in Gabon. The BWE Consortium and the government came to an agreement on the fiscal terms of the PSC on February 9, 2024. All parties to the BWE Consortium signed the PSC with the Gabonese Government during the fourth quarter of 2024. The two blocks, covered by the PSC, Niosi Marin Block (previously G12-13) and the Guduma Marin Block (previously H12-13), cover an area of 2,989 square kilometers and 1,929 square kilometers, respectively, and are adjacent to its Etame PSC, as well as BW Energy and Panoro’s Dussafu PSC offshore Southern Gabon. In February 2025, the decree by the Gabonese government approving the PSCs for the Niosi Marin Block and the Guduma Marin Block was published.

Egypt Segment

For the year ended December 31, 2024, the company’s Egypt Segment properties contributed approximately 2,585 MBoe, or 35% of its total production. The company’s Egyptian production for the period was 100% crude oil.

In Egypt, the company’s interests are spread across two regions: the Eastern Desert, which contains the West Gharib, West Bakr, and North West Gharib merged concessions, and the Western Desert, which contains the South Ghazalat concession. The Eastern Desert merged concession is approximately 45,067 acres, and the Western Desert, South Ghazalat concession, is approximately 7,340 acres. Both of the company’s Egyptian blocks are subject to PSCs with EGPC (Egyptian General Petroleum Corporation), the Egyptian government, and VAALCO. The company has an equal ownership interest, with EGPC owning the other portion, in the joint venture that has a 100% working interest in both PSCs. The PSC for the Merged Concession has a term ending in 2035, while for South Ghazalat, the company has until the end of March 2025 to extend the term of the PSC depending on successful drilling activity.

Cote d'Ivoire Segment

For the period from April 30, 2024, the closing date of the Svenska Acquisition, through December 31, 2024, the properties in Cote d'Ivoire produced approximately 1,058 MBoe, or 15% of its total 2024 production. The company’s Cote d'Ivoire production for the period was 100% crude oil.

The company holds a 27.4% non-operated working interest (30.4% paying interest) in CI-40 in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa. Crude oil from the Baobab field is produced to a dedicated FPSO (a floating, production, storage, and offloading vessel), with the associated natural gas delivered onshore via a subsea pipeline. The PSC license in Cote d’Ivoire has an initial term expiring on April 11, 2028, with a ten-year extension option that, if exercised, would extend the term until April 2038.

The company has ceased hydrocarbon production as scheduled on January 31, 2025, and the final lifting of crude oil from the FPSO concluded on February 6, 2025.

Canada Segment

During 2024, the properties in Canada produced approximately 870 MBoe, or 12% of the company’s total production. The company’s Canadian production for the period was 40% crude oil, 29% natural gas, and 31% NGLs.

The company owns production and working interests in Cardium light oil and Mannville liquids-rich gas assets in Harmattan, which is a core play in the Western Canadian Sedimentary Basin, and is located approximately 80 kilometers north of Calgary, Alberta. These properties produce oil and associated natural gas from the Cardium zone and liquids-rich natural gas from zones in the Lower Mannville and Rock Creek formations at vertical depths of 2,000 to 2,600 meters. The Harmattan property covers 49,100 gross acres of developed land and 28,900 gross acres of undeveloped land. The company also owns a 100% working interest in a large oil battery and a compressor station where a majority of oil volumes are processed. All gas is delivered to a third-party non-operated gas plant for processing.

Equatorial Guinea Segment

The company owns a 60% working interest in an undeveloped portion of Block P offshore Equatorial Guinea, where it is the designated operator. The Block P PSC provides for a development and production period of 25 years, commencing from the first oil production from Block P. The company has completed a feasibility study of a standalone production development opportunity of the Venus field discovery on Block P and submitted a plan of development (‘Venus Plan of Development’) to the Equatorial Guinea Ministry of Mines and Hydrocarbons (‘EG MMH’), which was approved in September 2022. After further negotiations and the agreement on certain terms relating to the joint operations were reached, the EG MMH directed that activities relating to the Venus Plan of Development resume in August 2023.

The Third Amendment to the Joint Operating Agreement (‘JOA’) was approved by all parties to the JOA, and the EG MMH in February 2024. With the approval of the JOA, the work could commence on the engineering for the Venus Development to enable a Final Investment Decision (‘FID’) on the Venus Development. The 2024 amended budget was approved by all partners in May 2024, and then approval was requested from EG MMH. It was unanimously approved in June 2024, and the implementation of the FEED phase was initiated.

Environmental Regulations

With regards to the company’s development operations offshore West Africa, it is a member of Oil Spill Response Limited (‘OSRL’), a global emergency and crude oil spill-response organization headquartered in London.

History

VAALCO Energy, Inc. was founded in 1985. The company, a Delaware corporation, was incorporated in 1985.

VAALCO Energy Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - Oil and Gas Extraction: 100% (2026) **TOP 3 Markets:** 1. Gabon: approx. 65% 2. Angola: approx. 20% 3. Equatorial Guinea: approx. 15% VAALCO Energy, Inc. generates its revenues mainly from oil and gas extraction. The company is heavily involved in West Africa, with Gabon b...

At which locations are the company’s products manufactured?

**Main Production Site:** Gabon, West Africa VAALCO Energy, Inc. is primarily engaged in the exploration, development, and production of oil and gas. The company's primary production site is located in the Etame Marin Block off the coast of Gabon in West Africa. This region is known for its oi...

What strategy does VAALCO Energy pursue for future growth?

**Strategic Growth Goals:** Diversification and Expansion in Africa **Focus on Sustainable Energy:** Investments in Renewable Energies VAALCO Energy, Inc. pursues a strategy aimed at diversification and geographic expansion, particularly in Africa. The company plans to expand its production capaci...

Which raw materials are imported and from which countries?

**Main commodities:** Crude oil, natural gas **Main importing countries:** Gabon, Equatorial Guinea, Angola VAALCO Energy, Inc. is an independent energy company that focuses on the exploration, development, and production of crude oil and natural gas. The company's main activities take place...

How strong is the company’s competitive advantage?

**Market share in West Africa:** approximately 5% (estimated, 2026) **Production capacity:** 20,000 barrels per day (2026) **R&D investments:** 3% of revenue (2025) VAALCO Energy, Inc. has a moderate competitive advantage, mainly due to its specialized expertise in oil and gas production in...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 50% (estimated, based on historical data from 2023) **Insider Purchases/Sales:** No specific current data available (as of 2026) The institutional investor share in VAALCO Energy, Inc. was around 50% in the past. This figure may change over the years...

What percentage market share does VAALCO Energy have?

**Market share of VAALCO Energy, Inc.:** Estimate: 0.5% (2026) **Major competitors and their market shares:** 1. **ExxonMobil:** 10% 2. **Chevron:** 8% 3. **BP:** 7% 4. **Royal Dutch Shell:** 6% 5. **TotalEnergies:** 5% 6. **ConocoPhillips:** 4% 7. **Eni:** 3% 8. **Repsol:** 2% 9. **Occidental Petr...

Is VAALCO Energy stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Oil Production:** 9,500 barrels per day (2025) VAALCO Energy, Inc. recorded a revenue growth of 8.5% in 2025, attributed to stable demand for their oil products and efficient production increase. The company was also able to increase...

Does VAALCO Energy pay a dividend – and how reliable is the payout?

**Dividend Yield:** 4.5% (estimated, 2026) VAALCO Energy, Inc. has regularly paid dividends in recent years. The dividend yield is estimated to be around 4.5% for 2026, based on recent payouts and the current stock price. The reliability of dividend payments is heavily dependent on oil prices and...

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VAALCO Energy Stock Value

VAALCO Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does VAALCO Energy do?

VAALCO Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

VAALCO Energy Stock Value

VAALCO Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does VAALCO Energy do?

VAALCO Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.