VAALCO ENERGY INC /DE/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($26.6m) $9.7m $98.2m $2.6m ($48.2m) $81.8m $51.9m $60.4m $58.5m ($41.4m)
Net Income (Loss) Available to Common Stockholders, Basic ($26.6m) $9.7m $97.0m $2.5m ($48.2m) $80.5m $51.3m $59.7m $57.8m ($41.9m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $52.0m $60.4m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($18.3m) $10.3m $98.7m ($2.8m) ($48.1m) $81.9m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($8.3m) ($621k) ($496k) $5.4m ($98k) ($98k) ($72k) ($15k)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($72k) ($15k)
Depreciation, Depletion and Amortization $6.9m $6.5m $5.6m $7.1m $9.4m $21.1m $48.1m $115.3m $143.0m $110.0m
Amortization of Debt Issuance Costs $1.4m $369k $191k
Other Depreciation and Amortization $417k
Deferred Income Tax Expense (Benefit) ($1.3m) ($56.9m) $14.5m $24.2m ($40.0m) $44.8m ($2.9m) ($16.8m) ($29.4m)
Share-based Payment Arrangement, Noncash Expense $192k $1.1m $2.3m $3.5m $114k $2.5m $2.2m $3.3m $4.4m $6.2m
Share-based Payment Arrangement, Expense $3.5m $114k $2.5m $2.2m $3.3m $4.6m $6.0m
Income Tax Expense (Benefit) $9.2m $10.4m ($43.3m) $23.9m $27.7m ($22.2m) $71.4m $89.8m $81.3m $14.8m
Operating Lease, Expense $1.3m $25.7m $26.5m $26.1m
Other Nonoperating Income (Expense) ($2.0m) $2.1m $4.3m ($438k) $129k $3.5m ($8.0m) ($2.3m) ($5.8m) ($595k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $1.1m ($3.2m) $8.4m $2.4m ($14.3m) $11.3m ($18.4m) ($6.7m) $49.9m ($45.0m)
Increase (Decrease) in Inventories $192k $2.4m ($2.5m) $287k $2.8m ($5.0m) $1.7m ($1.4m) ($7.5m) ($7.7m)
Increase (Decrease) in Accounts Payable ($15.5m) ($7.3m) ($3.4m) $6.0m ($842k) ($922k) $23.9m ($28.1m) ($13.2m) $50.9m
Asset Retirement Obligation, Accretion Expense $903k $951k $1.2m $812k $893k $1.6m $2.0m $2.4m $4.8m $6.4m
Foreign Currency Transaction Gain (Loss), before Tax $500k $500k $100k ($200k) ($200k) ($700k) ($4.2m) ($900k) ($1.8m) ($700k)
Foreign Currency Transaction Gain (Loss), Unrealized $32k $576k ($834k) $50k ($91k) $291k $1.0m ($52k) ($8k)
General and Administrative Expense $9.6m $10.4m $11.4m $14.9m $10.7m $14.8m $10.1m $23.8m $29.7m $33.1m
Inventory Write-down $400k $0 $2.4m
Investment Income, Interest $3k $155k
Nonoperating Income (Expense) ($19.3m) ($47.9m) ($8.5m) $3.3m ($6.0m)
Payments of Financing Costs $2.1m $0 $0 $7.1m
Proceeds from Stock Options Exercised $39k $500k $300k $100k $1.4m $300k $700k $400k $0
Gain (Loss) on Derivative Instruments, Net, Pretax ($1.7m) ($1.0m) $3.5m ($446k) $6.6m ($22.8m) ($37.8m) $232k ($745k) $2.9m
Other Operating Income (Expense), Net ($266k) ($84k) $365k ($4.4m) ($1.7m) ($440k) $38k $433k $78k ($2.4m)
Net Cash Provided by (Used in) Operating Activities ($3.5m) $6.7m $37.2m $26.5m $27.4m $50.1m $128.8m $223.6m $113.7m $212.7m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $8.7m $1.8m $14.1m $10.3m $4.0m $15.0m $41.1m $14.1m $9.5m $8.2m
Payments to Acquire Businesses, Net of Cash Acquired $5.7m ($64k)
Payments for (Proceeds from) Other Investing Activities $2.9m
Net Cash Provided by (Used in) Investing Activities ($1.3m) ($1.6m) ($14.1m) ($10.3m) ($24.3m) ($39.1m) ($123.2m) ($97.2m) ($102.1m) ($255.9m)
Cash flows from financing activities:
Repayments of Long-term Debt $10.0m $9.2m
Proceeds from Issuance of Common Stock $0 $39k $544k $256k $63k $1.4m $312k $673k $447k $0
Payments for Repurchase of Common Stock $51k $20k $58k $3.9m $992k $1.4m $3.8m $23.6m $6.8m $709k
Dividends paid $9.4m $26.8m $26.2m $26.5m
Net Cash Provided by (Used in) Financing Activities ($144k) ($5.8m) ($8.7m) ($3.7m) ($929k) ($57k) ($18.0m) ($56.8m) ($43.0m) $12.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $30.6m $14.4m $12.5m $2.2m $11.0m ($12.5m) $69.4m ($31.5m) ($30.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($16.7m) $1.6m $46.7m $59.1m $61.3m $72.3m $59.8m $129.2m $97.7m $67.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.3m $997k $257k $0 $0 $1.7m $9.1m $6.7m $6.6m
Income Taxes Paid, Net $9.2m $15.2m $9.4m ($674k) ($696k) $20.1m $0 $32.8m $37.5m $68.0m