Vaalco Energy Inc
VAALCO Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in Gabon, Egypt, Equatorial Guinea, Cote d'Ivoire, and Canada. It holds 58.8% interest in the Etame production sharing contract related to the Etame Marin block covering an area of approximately 46,200 gross acres located offsh… Read more
Vaalco Energy Inc (EGY) - Net Assets
Latest net assets as of September 2025: $505.87 Million USD
Based on the latest financial reports, Vaalco Energy Inc (EGY) has net assets worth $505.87 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($950.43 Million) and total liabilities ($444.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $505.87 Million |
| % of Total Assets | 53.23% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | 716.14% |
| 10-Year Change | 1823.54% |
| Growth Volatility | 395.11 |
Vaalco Energy Inc - Net Assets Trend (1990–2024)
This chart illustrates how Vaalco Energy Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vaalco Energy Inc (1990–2024)
The table below shows the annual net assets of Vaalco Energy Inc from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $501.58 Million | +4.76% |
| 2023-12-31 | $478.78 Million | +2.72% |
| 2022-12-31 | $466.11 Million | +223.02% |
| 2021-12-31 | $144.30 Million | +134.79% |
| 2020-12-31 | $61.46 Million | -43.99% |
| 2019-12-31 | $109.72 Million | -0.10% |
| 2018-12-31 | $109.83 Million | +967.42% |
| 2017-12-31 | $10.29 Million | +2974.02% |
| 2016-12-31 | $-358.00K | -101.37% |
| 2015-12-31 | $26.08 Million | -85.55% |
| 2014-12-31 | $180.46 Million | -28.07% |
| 2013-12-31 | $250.87 Million | +18.04% |
| 2012-12-31 | $212.53 Million | -8.81% |
| 2011-12-31 | $233.07 Million | +18.76% |
| 2010-12-31 | $196.24 Million | +24.91% |
| 2009-12-31 | $157.10 Million | -9.60% |
| 2008-12-31 | $173.79 Million | +15.30% |
| 2007-12-31 | $150.73 Million | +15.74% |
| 2006-12-31 | $130.23 Million | +54.85% |
| 2005-12-31 | $84.10 Million | +61.90% |
| 2004-12-31 | $51.95 Million | +98.10% |
| 2003-12-31 | $26.22 Million | +65.13% |
| 2002-12-31 | $15.88 Million | +56.78% |
| 2001-12-31 | $10.13 Million | -23.43% |
| 2000-12-31 | $13.23 Million | -25.60% |
| 1999-12-31 | $17.78 Million | -26.95% |
| 1998-12-31 | $24.34 Million | +1994.58% |
| 1997-12-31 | $1.16 Million | +122.07% |
| 1996-12-31 | $-5.27 Million | -9.71% |
| 1995-12-31 | $-4.80 Million | -300.00% |
| 1994-12-31 | $2.40 Million | -77.78% |
| 1993-12-31 | $10.80 Million | -53.25% |
| 1992-12-31 | $23.10 Million | +100.87% |
| 1991-12-31 | $11.50 Million | -21.23% |
| 1990-12-31 | $14.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vaalco Energy Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 209661.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $209.76 Million | 41.82% |
| Common Stock | $12.23 Million | 2.44% |
| Other Comprehensive Income | $-4.96 Million | -0.99% |
| Other Components | $284.55 Million | 56.73% |
| Total Equity | $501.58 Million | 100.00% |
Vaalco Energy Inc Competitors by Market Cap
The table below lists competitors of Vaalco Energy Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Close Brothers Group plc
PINK:CBGPF
|
$514.20 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$514.23 Million |
|
DOM DEVELOPMENT SE.A.ZY 1
F:6WV
|
$514.25 Million |
|
Navient Corp
NASDAQ:NAVI
|
$514.37 Million |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
$513.96 Million |
|
BRELY
OTCQX:BRELY
|
$513.83 Million |
|
Energy Recovery Inc
NASDAQ:ERII
|
$513.82 Million |
|
PAR Technology Corporation
NYSE:PAR
|
$513.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vaalco Energy Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 478,782,000 to 501,583,000, a change of 22,801,000 (4.8%).
- Net income of 57,776,000 contributed positively to equity growth.
- Dividend payments of 26,216,000 reduced retained earnings.
- Share repurchases of 6,802,000 reduced equity.
- New share issuances of 447,000 increased equity.
- Other comprehensive income decreased equity by 7,842,000.
- Other factors increased equity by 5,438,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $57.78 Million | +11.52% |
| Dividends Paid | $26.22 Million | -5.23% |
| Share Repurchases | $6.80 Million | -1.36% |
| Share Issuances | $447.00K | +0.09% |
| Other Comprehensive Income | $-7.84 Million | -1.56% |
| Other Changes | $5.44 Million | +1.08% |
| Total Change | $- | 4.76% |
Book Value vs Market Value Analysis
This analysis compares Vaalco Energy Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.12x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | $1.81 | $5.63 | x |
| 1991-12-31 | $1.30 | $5.63 | x |
| 1992-12-31 | $2.59 | $5.63 | x |
| 1993-12-31 | $1.22 | $5.63 | x |
| 1994-12-31 | $0.27 | $5.63 | x |
| 1995-12-31 | $-0.54 | $5.63 | x |
| 1996-12-31 | $-0.59 | $5.63 | x |
| 1997-12-31 | $0.09 | $5.63 | x |
| 1998-12-31 | $1.17 | $5.63 | x |
| 1999-12-31 | $0.85 | $5.63 | x |
| 2000-12-31 | $0.64 | $5.63 | x |
| 2001-12-31 | $0.49 | $5.63 | x |
| 2002-12-31 | $0.73 | $5.63 | x |
| 2003-12-31 | $0.44 | $5.63 | x |
| 2004-12-31 | $0.82 | $5.63 | x |
| 2005-12-31 | $1.34 | $5.63 | x |
| 2006-12-31 | $2.02 | $5.63 | x |
| 2007-12-31 | $2.37 | $5.63 | x |
| 2008-12-31 | $2.80 | $5.63 | x |
| 2009-12-31 | $2.64 | $5.63 | x |
| 2010-12-31 | $3.36 | $5.63 | x |
| 2011-12-31 | $3.95 | $5.63 | x |
| 2012-12-31 | $3.61 | $5.63 | x |
| 2013-12-31 | $4.33 | $5.63 | x |
| 2014-12-31 | $3.15 | $5.63 | x |
| 2015-12-31 | $0.45 | $5.63 | x |
| 2016-12-31 | $-0.01 | $5.63 | x |
| 2017-12-31 | $0.18 | $5.63 | x |
| 2018-12-31 | $1.83 | $5.63 | x |
| 2019-12-31 | $1.86 | $5.63 | x |
| 2020-12-31 | $1.07 | $5.63 | x |
| 2021-12-31 | $2.46 | $5.63 | x |
| 2022-12-31 | $6.66 | $5.63 | x |
| 2023-12-31 | $4.49 | $5.63 | x |
| 2024-12-31 | $4.83 | $5.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vaalco Energy Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.06%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.90x
- Recent ROE (11.52%) is above the historical average (-16.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -26.03% | -18.45% | 0.44x | 3.17x | $-5.26 Million |
| 1991 | -26.96% | -28.44% | 0.22x | 4.34x | $-4.25 Million |
| 1992 | 51.08% | 61.14% | 0.38x | 2.20x | $9.49 Million |
| 1993 | -112.04% | -71.18% | 0.61x | 2.58x | $-13.18 Million |
| 1994 | -333.33% | -84.21% | 0.69x | 5.71x | $-8.24 Million |
| 1995 | 0.00% | -189.19% | 0.35x | 0.00x | $-6.52 Million |
| 1996 | 0.00% | -9.54% | 0.49x | 0.00x | $167.60K |
| 1997 | 201.03% | 36.29% | 0.75x | 7.37x | $2.22 Million |
| 1998 | -7.23% | -295.80% | 0.02x | 1.40x | $-4.19 Million |
| 1999 | -36.99% | -797.57% | 0.04x | 1.24x | $-8.35 Million |
| 2000 | -34.46% | -355.98% | 0.07x | 1.44x | $-5.87 Million |
| 2001 | -30.64% | -166.17% | 0.10x | 1.87x | $-4.11 Million |
| 2002 | 2.93% | 4.45% | 0.21x | 3.20x | $-1.07 Million |
| 2003 | 36.39% | 24.83% | 0.78x | 1.89x | $6.48 Million |
| 2004 | 47.98% | 40.60% | 0.83x | 1.43x | $18.16 Million |
| 2005 | 37.26% | 34.36% | 0.87x | 1.25x | $21.35 Million |
| 2006 | 33.00% | 41.03% | 0.59x | 1.37x | $28.12 Million |
| 2007 | 13.39% | 15.24% | 0.67x | 1.31x | $4.82 Million |
| 2008 | 17.92% | 17.53% | 0.67x | 1.52x | $13.13 Million |
| 2009 | -5.21% | -6.84% | 0.57x | 1.34x | $-23.03 Million |
| 2010 | 19.50% | 27.77% | 0.56x | 1.24x | $18.19 Million |
| 2011 | 14.90% | 16.23% | 0.77x | 1.20x | $11.23 Million |
| 2012 | 0.30% | 0.32% | 0.73x | 1.26x | $-20.62 Million |
| 2013 | 17.17% | 25.44% | 0.55x | 1.23x | $17.98 Million |
| 2014 | -42.97% | -60.73% | 0.51x | 1.38x | $-95.60 Million |
| 2015 | -608.44% | -197.22% | 0.65x | 4.75x | $-161.26 Million |
| 2016 | 0.00% | -44.41% | 0.74x | 0.00x | $-26.51 Million |
| 2017 | 93.80% | 12.53% | 0.97x | 7.74x | $8.62 Million |
| 2018 | 89.44% | 93.61% | 0.63x | 1.51x | $87.25 Million |
| 2019 | 2.34% | 2.65% | 0.46x | 1.93x | $-8.41 Million |
| 2020 | -78.40% | -62.24% | 0.55x | 2.30x | $-54.33 Million |
| 2021 | 56.71% | 41.11% | 0.76x | 1.82x | $67.41 Million |
| 2022 | 11.13% | 14.64% | 0.41x | 1.84x | $5.28 Million |
| 2023 | 12.61% | 13.26% | 0.55x | 1.72x | $12.48 Million |
| 2024 | 11.52% | 12.06% | 0.50x | 1.90x | $7.62 Million |
Industry Comparison
This section compares Vaalco Energy Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vaalco Energy Inc (EGY) | $505.87 Million | -26.03% | 0.88x | $513.99 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |