VAALCO Energy (EGY) Misses Q2 EPS by 10c

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Go back to VAALCO Energy (EGY) Misses Q2 EPS by 10c

VAALCO Energy Announces Second Quarter 2015 Results

August 6, 2015 4:42 PM EDT

HOUSTON, Aug. 6, 2015 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today reported results for the second quarter of 2015.

Second Quarter and Recent Highlights:

Reported second quarter 2015 GAAP net loss of $5.2 million, or $0.09 loss per diluted share; Adjusted Net Income was $0.6 million, or $0.01 per diluted share and Adjusted EBITDAX was $16.3 million, which excludes the impact of a $5.8 million non-cash impairment charge. Announced share repurchase program of up to 5.8 million shares of the Company's common stock.... More