Houston – October 12, 2026 -- Vaalco Energy declared a third-quarter 2026 cash dividend of $0.0625 per share, equal to $0.25 annualized, marking its 19th consecutive quarterly payout.
Vaalco sets September 22 payment date for record holders on August 21
The dividend is payable on September 22, 2026, to stockholders of record at the close of business on August 21, 2026. The company trades on both the NYSE and the London Stock Exchange under the ticker EGY.
Board retains full discretion over dividends beyond the third quarter
Dividends beyond the third quarter of 2026 have not been approved or declared. Future declarations and the setting of record and payment dates remain subject to Board of Directors approval. The Board said it will weigh financial results, balance sheet strength, cash and liquidity requirements, future prospects, and crude oil and natural gas prices. It also reserves the right to revise or terminate the payment level at any time without prior notice.
CEO George Maxwell ties payout to cash generation and capital programs
CEO George Maxwell said Vaalco is balancing investment in growth through ongoing capital programs across its diversified asset base with a sustainable shareholder return, backed by strong cash generation from its portfolio. The company holds production, development and exploration assets in Gabon, Egypt, Côte d'Ivoire and Equatorial Guinea.
Scheduled FPSO maintenance at Baobab field flagged as a cash-flow risk
Vaalco listed the timing and costs of completing scheduled maintenance on the FPSO servicing the Baobab field among the risks to its outlook. It also cited its ability to generate cash flows that, together with cash on hand, will cover operations and cash requirements.