Investor Relations
Latest Financial Results
Mar 13, 2025 • 8:25 PM EDT
FY 2024 Year End Results
Fiscal Year Ended Dec 31, 2024
$303.0M
Generated record Adjusted EBITDAX<sup id="statRef0-1-1">(1)*</sup> of $303.0 million in FY 2024
19,936
<p>Grew production in 2024 by 7% year-over-year to 19,936 NRI<sup id="statRef0-1-1">(2)</sup> BOEPD, at the midpoint of the Company's increased guidance; WI<sup id="statRef0-1-1">(3)</sup> production of 24,738 BOEPD</p>
$82.6M
<p>At the end of the fourth quarter of 2024, Vaalco had an unrestricted cash balance of $82.6 million.</p>
1. Adjusted EBITDAX, Adjusted Net Income, Adjusted Working Capital and Free Cash Flow are Non-GAAP financial measures and are described and reconciled to the closest GAAP measure in the attached table under “Non-GAAP Financial Measures.”
2.All NRI sales and production rates are Vaalco's working interest volumes less royalty volumes, where applicable.
3.All WI production rates and volumes are Vaalco's working interest volumes, where applicable.
Source: Q4 2024 Earning Press Release
For complete information regarding our financials, see our periodic filings
* Non-GAAP Financial Measures. View full reconciliation in our Q4 earnings press release.
