19 Feb 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $21.9 million and net income of $1.0 million for the period ended 2019-12-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Feb 2020substantial holder notice● Neutral
Renaissance Technologies LLC, RENAISSANCE TECHNOLOGIES HOLDINGS CORPORATION reported a VAALCO shareholding of 3,747,190 shares (6.42% of votes) in a periodic institutional filing.
28 Jan 2020director officer appointment● NeutralMajor
VAALCO promoted board member William R. Thomas to President effective February 1, 2020, giving him responsibility for the company's M&A strategy.
27 Jan 2020substantial holder notice● Neutral
Tieton Capital Management reported a VAALCO shareholding of 4,088,137 shares (7.00% of votes) in a periodic institutional filing.
22 Jan 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $21.9 million and net income of $1.0 million for the period ended 2019-12-31.
9 Jan 2020quarterly activities report● Neutral
VAALCO ENERGY INC /DE/ reported quarterly revenue of $21.9 million and net income of $1.0 million for the period ended 2019-12-31.
31 Dec 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds had 24,291 shares withheld for taxes on vesting stock.
13 Dec 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds exercised stock options for 407,222 shares and disposed of 694,724 shares.
3 Dec 2019drilling result▲ Good
VAALCO's Etame 9H development well was completed and placed on production at a higher rate than expected, boosting output; drilling of the Etame 11H well then began.
7 Nov 2019quarterly activities report▼ Bad
VAALCO ENERGY INC /DE/ reported quarterly revenue of $17.6 million and a net loss of $3.9 million for the period ended 2019-09-30.
7 Nov 2019quarterly activities report▼ Bad
VAALCO ENERGY INC /DE/ reported quarterly revenue of $17.6 million and a net loss of $3.9 million for the period ended 2019-09-30.
5 Nov 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive VP, Corp. Dev. David Desautels had 3,273 shares withheld for taxes on vesting stock.
1 Nov 2019drilling progress report● Neutral
VAALCO gave an update on drilling the Etame 9H development well and the Etame 9P appraisal wellbore, part of its 2019/2020 Gabon drilling program.
22 Oct 2019drilling result▲ GoodMajor
VAALCO confirmed an oil discovery with the Etame 9P appraisal wellbore, targeting a reservoir beneath its existing Etame field offshore Gabon.
23 Sept 2019listing compliance notice▲ GoodMajor
VAALCO said that, subject to final approval from the UK Listing Authority, it expected its common stock to begin trading on the London Stock Exchange under 'EGY' on 26 September 2019, adding a second listing alongside the NYSE.
16 Sept 2019investor presentation▲ GoodMajor
VAALCO announced its intention to add a listing on the Main Market of the London Stock Exchange and posted an updated investor presentation - trading under 'LSE: EGY' would begin ten days later.
13 Sept 2019drilling progress report● Neutral
VAALCO began its 2019/2020 drilling campaign at the Etame field offshore Gabon and gave an operational update.
8 Aug 2019quarterly activities report▼ Bad
VAALCO ENERGY INC /DE/ reported quarterly revenue of $25.2 million and a net loss of $1.0 million for the period ended 2019-06-30.
8 Aug 2019quarterly activities report▼ Bad
VAALCO ENERGY INC /DE/ reported quarterly revenue of $25.2 million and a net loss of $1.0 million for the period ended 2019-06-30.
20 June 2019other material event▲ Good
VAALCO's board authorized a new share buyback program of up to $10 million over 12 months, alongside an updated investor presentation.
12 June 2019director officer appointment● Neutral
Following John Knapp's resignation under VAALCO's 2015 stockholder agreement with Kornitzer, VAALCO appointed Jason Doornik as Chief Accounting Officer and Controller, with CFO Elizabeth Prochnow stepping back from that dual role.
10 June 2019director interest notice● Neutral
Jason Doornik became a VAALCO ENERGY INC /DE/ CAO & Controller and company insider (initial ownership filing).
3 June 2019agm notice● Neutral
VAALCO ENERGY INC /DE/ shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
3 June 2019director officer appointment● Neutral
Director A. John Knapp, Jr. - Kornitzer Capital Management's board designee since 2015 - resigned from the board and all committees, ending Kornitzer's board representation right under its 2015 stockholder agreement.
29 May 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Andrew Lawrence Fawthrop bought 2,000 shares on the open market at $1.68.
28 May 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Executive VP, Corp. Dev. David Desautels bought 11,764 shares on the open market at $1.72.
24 May 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ Chief Executive Officer & COO Cary M Bounds bought 6,000 shares on the open market at $1.68.
23 May 2019substantial holder notice▼ Bad
Kornitzer Capital Management further reduced its VAALCO shareholding to 2,979,381 shares, having sold down from 4.7 million shares since February 2019.
22 May 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ director William R Thomas bought 2,237 shares on the open market at $1.66.
20 May 2019director interest notice● Neutral
VAALCO ENERGY INC /DE/ director Alfred John Knapp Jr. bought 20,000 shares on the open market at $1.80.