VAALCO Energy (EGY) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

VAALCO Energy Revenue Highlights

Latest Revenue (Y)

$455.07M

Latest Revenue (Q)

$140.33M

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

Date	Revenue	Change
2023-12-31	$455.07M	28.43%
2022-12-31	$354.33M	77.99%
2021-12-31	$199.07M	196.35%
2020-12-31	$67.18M	-20.52%
2019-12-31	$84.52M	-19.46%
2018-12-31	$104.94M	36.25%
2017-12-31	$77.03M	28.84%
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	$210.44M	56.49%
2010-12-31	$134.47M	16.63%
2009-12-31	$115.30M	-31.99%
2008-12-31	$169.53M	35.57%
2007-12-31	$125.04M	27.17%
2006-12-31	$98.33M	15.76%
2005-12-31	$84.94M	50.32%
2004-12-31	$56.50M	57.02%
2003-12-31	$35.98M	260.12%
2002-12-31	$9.99M	435.76%
2001-12-31	$1.86M	45.82%
2000-12-31	$1.28M	55.22%
1999-12-31	$824.00K	38.49%
1998-12-31	$595.00K	-90.76%
1997-12-31	$6.44M	71.11%
1996-12-31	$3.76M	1.68%
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

Date	Revenue	Change
2024-09-30	$140.33M	20.17%
2024-06-30	$116.78M	16.60%
2024-03-31	$100.16M	-32.85%
2023-12-31	$149.15M	19.83%
2023-09-30	$124.47M	13.94%
2023-06-30	$109.24M	35.87%
2023-03-31	$80.40M	-16.76%
2022-12-31	$96.59M	7.29%
2022-09-30	$90.02M	-29.40%
2022-06-30	$127.51M	64.33%
2022-03-31	$77.60M	37.64%
2021-12-31	$56.38M	-11.84%
2021-09-30	$63.95M	20.35%
2021-06-30	$53.14M	16.40%
2021-03-31	$45.65M	263.55%
2020-12-31	$12.56M	-40.09%
2020-09-30	$20.96M	16.61%
2020-06-30	$17.97M	-15.73%
2020-03-31	$21.33M	-2.71%
2019-12-31	$21.92M	8.69%
2019-09-30	$20.17M	-20.05%
2019-06-30	$25.23M	12.04%
2019-03-31	$22.52M	-18.43%
2018-12-31	$27.61M	-4.44%
2018-09-30	$28.89M	3.55%
2018-06-30	$27.90M	-10.89%
2018-03-31	$31.31M	82.48%
2017-12-31	$17.16M	-5.62%
2017-09-30	$18.18M	-11.00%
2017-06-30	$20.43M	-3.95%
2017-03-31	$21.27M	38.76%
2016-12-31	$15.33M	4.72%
2016-09-30	$14.63M	-22.35%
2016-06-30	$18.85M	71.71%
2016-03-31	$10.98M	-37.36%
2015-12-31	$17.52M	-0.13%
2015-09-30	$17.55M	-35.34%
2015-06-30	$27.14M	48.79%
2015-03-31	$18.24M	-20.81%
2014-12-31	$23.03M	-5.94%
2014-09-30	$24.49M	-53.00%
2014-06-30	$52.10M	85.59%
2014-03-31	$28.07M	-51.84%
2013-12-31	$58.28M	54.43%
2013-09-30	$37.74M	29.61%
2013-06-30	$29.12M	-34.03%
2013-03-31	$44.14M	-17.58%
2012-12-31	$53.55M	42.31%
2012-09-30	$37.63M	-36.02%
2012-06-30	$58.82M	29.88%
2012-03-31	$45.29M	-33.17%
2011-12-31	$67.77M	81.44%
2011-09-30	$37.35M	-36.21%
2011-06-30	$58.55M	25.18%
2011-03-31	$46.77M	22.48%
2010-12-31	$38.19M	17.12%
2010-09-30	$32.60M	-3.18%
2010-06-30	$33.67M	12.23%
2010-03-31	$30.01M	-8.04%
2009-12-31	$32.63M	11.51%
2009-09-30	$29.26M	-8.98%
2009-06-30	$32.15M	51.23%
2009-03-31	$21.26M	29.06%
2008-12-31	$16.47M	-70.35%
2008-09-30	$55.54M	0.34%
2008-06-30	$55.35M	31.30%
2008-03-31	$42.16M	14.07%
2007-12-31	$36.96M	-

VAALCO Energy generated $140.33M in revenue during Q3 2024, up 20.17% compared to the previous quarter, and up 128.46% compared to the same period a year ago.

VAALCO Energy Revenue Breakdown

VAALCO Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 21	Dec 20	Dec 19	Dec 18
Carried Interest Recoupment	$7.52M	$1.63M	$2.95M	$3.54M
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
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/Service	Sep 24	Mar 24	Jun 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Jun 18	Mar 18
Carried Interest Recoupment	$652.00K	$1.17M	$2.21M	$2.36M	$705.00K	$651.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crude Oil Sales and Purchase Agreements	$54.93M	$87.66M	$125.14M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Gas	$47.61M	$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	-	-	-	-	-	-
Royalties	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-3.47M	$-3.66M
Glencore Oil Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$27.19M	$28.46M

VAALCO Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Crude Oil Sales and Purchase Agreements (53.23%), Oil and Gas (46.13%), and Carried Interest Recoupment (0.63%).

VAALCO Energy Revenue Breakdown by Country

Annual Revenue by Country

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

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%).

Quarterly Revenue by Country

Country	Sep 24
CANADA	$8.39M
EGYPT	$63.43M

VAALCO Energy's latest quarterly revenue breakdown by geography, as of Sep 24: EGYPT (88.32%), and CANADA (11.68%).

VAALCO Energy Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PHX	PHX Minerals	$37.60T	$8.12M
PR	Permian Resources	$3.12B	$1.22B
NOG	Northern Oil and Gas	$2.17B	$753.64M
KOS	Kosmos Energy	$1.70B	$407.83M
CRK	Comstock Resources	$1.57B	$253.63M
VTLE	Vital Energy	$1.55B	$459.23M
MGY	Magnolia Oil & Gas	$1.23B	$333.13M
EGY	VAALCO Energy	$455.07M	$140.33M
EPSN	Epsilon Energy	$30.73M	$7.29M

EGY Revenue FAQ

What is VAALCO Energy’s yearly revenue?

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.

What is VAALCO Energy’s quarterly revenue?

VAALCO Energy's quarterly revenue for Q3 2024 was $140.33M, a 20.17% increase from the previous quarter (Q2 2024), and a 12.74% increase year-over-year (Q3 2023). The company'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). EGY'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).

What is VAALCO Energy’s revenue growth rate?

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%.

What are VAALCO Energy’s revenue streams?

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

What is VAALCO Energy’s main source of revenue?

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.