VAALCO Energy (EGY) Revenue & Revenue Breakdown


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VAALCO Energy Revenue Highlights


Latest Revenue (Y)

$455.07M

Latest Revenue (Q)

$116.78M

Main Segment (Y)

Crude Oil Sales And Purchase Agreements

Main Geography (Y)

Crude Oil Sales And Purchase Agreements

VAALCO Energy Revenue by Period


VAALCO Energy Revenue by Year

DateRevenueChange
2023-12-31$455.07M28.43%
2022-12-31$354.33M77.99%
2021-12-31$199.07M196.35%
2020-12-31$67.18M-20.52%
2019-12-31$84.52M-19.46%
2018-12-31$104.94M36.25%
2017-12-31$77.03M28.84%
2016-12-31$59.78M-25.68%
2015-12-31$80.44M-37.00%
2014-12-31$127.69M-24.57%
2013-12-31$169.28M-13.32%
2012-12-31$195.29M-7.20%
2011-12-31$210.44M56.49%
2010-12-31$134.47M16.63%
2009-12-31$115.30M-31.99%
2008-12-31$169.53M35.57%
2007-12-31$125.04M27.17%
2006-12-31$98.33M15.76%
2005-12-31$84.94M50.32%
2004-12-31$56.50M57.02%
2003-12-31$35.98M260.12%
2002-12-31$9.99M435.76%
2001-12-31$1.86M45.82%
2000-12-31$1.28M55.22%
1999-12-31$824.00K38.49%
1998-12-31$595.00K-90.76%
1997-12-31$6.44M71.11%
1996-12-31$3.76M1.68%
1995-12-31$3.70M-61.05%
1994-12-31$9.50M-44.12%
1993-12-31$17.00M-

VAALCO Energy generated $455.07M in revenue during NA 2023, up 28.43% compared to the previous quarter, and up 433.63% compared to the same period a year ago.

VAALCO Energy Revenue by Quarter

DateRevenueChange
2024-06-30$116.78M16.60%
2024-03-31$100.16M-32.85%
2023-12-31$149.15M19.83%
2023-09-30$124.47M13.94%
2023-06-30$109.24M35.87%
2023-03-31$80.40M-16.76%
2022-12-31$96.59M7.29%
2022-09-30$90.02M-29.40%
2022-06-30$127.51M64.33%
2022-03-31$77.60M37.64%
2021-12-31$56.38M-11.84%
2021-09-30$63.95M20.35%
2021-06-30$53.14M16.40%
2021-03-31$45.65M263.55%
2020-12-31$12.56M-40.09%
2020-09-30$20.96M16.61%
2020-06-30$17.97M-15.73%
2020-03-31$21.33M-2.71%
2019-12-31$21.92M8.69%
2019-09-30$20.17M-20.05%
2019-06-30$25.23M12.04%
2019-03-31$22.52M-18.43%
2018-12-31$27.61M-4.44%
2018-09-30$28.89M3.55%
2018-06-30$27.90M-10.89%
2018-03-31$31.31M82.48%
2017-12-31$17.16M-5.62%
2017-09-30$18.18M-11.00%
2017-06-30$20.43M-3.95%
2017-03-31$21.27M38.76%
2016-12-31$15.33M4.72%
2016-09-30$14.63M-22.35%
2016-06-30$18.85M71.71%
2016-03-31$10.98M-37.36%
2015-12-31$17.52M-0.13%
2015-09-30$17.55M-35.34%
2015-06-30$27.14M48.79%
2015-03-31$18.24M-20.81%
2014-12-31$23.03M-5.94%
2014-09-30$24.49M-53.00%
2014-06-30$52.10M85.59%
2014-03-31$28.07M-51.84%
2013-12-31$58.28M54.43%
2013-09-30$37.74M29.61%
2013-06-30$29.12M-34.03%
2013-03-31$44.14M-17.58%
2012-12-31$53.55M42.31%
2012-09-30$37.63M-36.02%
2012-06-30$58.82M29.88%
2012-03-31$45.29M-33.17%
2011-12-31$67.77M81.44%
2011-09-30$37.35M-36.21%
2011-06-30$58.55M25.18%
2011-03-31$46.77M22.48%
2010-12-31$38.19M17.12%
2010-09-30$32.60M-3.18%
2010-06-30$33.67M12.23%
2010-03-31$30.01M-8.04%
2009-12-31$32.63M11.51%
2009-09-30$29.26M-8.98%
2009-06-30$32.15M51.23%
2009-03-31$21.26M29.06%
2008-12-31$16.47M-70.35%
2008-09-30$55.54M0.34%
2008-06-30$55.35M31.30%
2008-03-31$42.16M14.07%
2007-12-31$36.96M-

VAALCO Energy generated $116.78M in revenue during Q2 2024, up 16.60% compared to the previous quarter, and up 145.24% compared to the same period a year ago.

VAALCO Energy Revenue Breakdown


VAALCO Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21Dec 20Dec 19Dec 18
Gabonese Government Share Of Profit Oil$20.10M$8.74M$7.27M$2.19M
Crude Oil Sales And Purchase Agreements$200.32M$67.04M$86.55M$104.89M
Carried Interest Recoupment$7.52M$1.63M$2.95M$3.54M
U.s. Oil And Gas Revenue---$5.00K

VAALCO Energy's latest annual revenue breakdown by segment (product or service), as of Dec 21: Crude Oil Sales And Purchase Agreements (87.88%), Gabonese Government Share Of Profit Oil (8.82%), and Carried Interest Recoupment (3.30%).

Quarterly Revenue by Product

Product/ServiceMar 24Jun 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Jun 18Mar 18
Carried Interest Recoupment$1.17M$2.21M$2.36M$705.00K$651.00K--------------
Crude Oil Sales and Purchase Agreements--$87.66M$125.14M---------------
Oil and Gas---$2.37M---------------
Crude Oil Sales And Purchase Agreements----$76.49M$63.63M$42.06M$50.81M$24.13M$19.66M$20.95M$21.81M-------
Gabonese Government Share Of Profit Oil------$20.10M$7.35M-$2.19M---------
Gabon Segment--------$39.77M$12.56M$18.26M$17.97M$18.39M------
Glencore Oil Revenue-----------------$27.19M$28.46M
Royalties-----------------$-3.47M$-3.66M

VAALCO Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Carried Interest Recoupment (100.00%).

VAALCO Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21
Crude Oil Sales And Purchase Agreements$200.32M
Gabonese Government Share Of Profit Oil$20.10M
Carried Interest Recoupment$7.52M

VAALCO Energy's latest annual revenue breakdown by geography, as of Dec 21: Crude Oil Sales And Purchase Agreements (87.88%), Gabonese Government Share Of Profit Oil (8.82%), and Carried Interest Recoupment (3.30%).

VAALCO Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PHXPHX Minerals$37.60T$8.12M
SWNSouthwestern Energy Company$4.17B$659.00M
PRPermian Resources$3.12B$1.25B
NOGNorthern Oil and Gas$2.17B$564.19M
KOSKosmos Energy$1.70B$450.94M
CRKComstock Resources$1.57B$186.28M
VTLEVital Energy$1.55B$476.37M
MGYMagnolia Oil & Gas$1.23B$336.73M
EGYVAALCO Energy$455.07M$116.78M
EPSNEpsilon Energy$30.73M$7.31M

EGY Revenue FAQ


VAALCO Energy's yearly revenue for 2023 was $455.07M, representing an increase of 28.43% compared to 2022. The company's yearly revenue for 2022 was $354.33M, representing an increase of 77.99% compared to 2021. EGY's yearly revenue for 2021 was $199.08M, representing an increase of 196.35% compared to 2020.

VAALCO Energy's quarterly revenue for Q2 2024 was $116.78M, a 16.60% increase from the previous quarter (Q1 2024), and a 6.90% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $100.16M, a -32.85% decrease from the previous quarter (Q4 2023), and a 24.57% increase year-over-year (Q1 2023). EGY's quarterly revenue for Q4 2023 was $149.15M, a 19.83% increase from the previous quarter (Q3 2023), and a 54.42% increase year-over-year (Q4 2022).

VAALCO Energy's revenue growth rate for the last 3 years (2021-2023) was 128.59%, and for the last 5 years (2019-2023) was 438.41%.

VAALCO Energy's revenue streams in c 21 are Gabonese Government Share Of Profit Oil, Crude Oil Sales And Purchase Agreements, and Carried Interest Recoupment. Gabonese Government Share Of Profit Oil generated $20.1M in revenue, accounting 8.82% of the company's total revenue, up 130.06% year-over-year. Crude Oil Sales And Purchase Agreements generated $200.32M in revenue, accounting 87.88% of the company's total revenue, up 198.80% year-over-year. Carried Interest Recoupment generated $7.52M in revenue, accounting 3.30% of the company's total revenue, up 360.88% year-over-year.

For the fiscal year ending Dec 21, the largest source of revenue of VAALCO Energy was Crude Oil Sales And Purchase Agreements. This segment made a revenue of $200.32M, representing 87.88% of the company's total revenue.