VAALCO Energy (EGY) Misses Q3 EPS by 2c

Go back to VAALCO Energy (EGY) Misses Q3 EPS by 2c

VAALCO Energy, Inc. Announces Third Quarter 2016 Results

November 8, 2016 4:45 PM EST

HOUSTON, Nov. 08, 2016 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: EGY) today reported results for the third quarter of 2016.

Third Quarter 2016 and recent highlights:

Generated operating income of $2.9 million in the third quarter of 2016 compared with a loss of $31.0 million in the third quarter of 2015, an improvement of $33.9 millionReported all ongoing costs and expenses within guidance for the quarter Achieved net production expense excluding workovers of $7.3 million compared with $7.9 million in the third quarter of 2015 and $8.0 million in the second... More