$EGY
VAALCO Energy Inc Stock $egy

$egy Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000119312513327095 Filed on August 08, 2013

Income Statement

Concept	2013 Q2	2012 Q4	2012 Q2
Revenue	$29.12M	$53.55M	$58.82M
YoY Change	-50.49%	-20.98%	0.46%
Cost Of Revenue	$7.020M	$8.720M	$6.540M
YoY Change	7.34%	-22.28%	12.56%
Gross Profit	$22.10M	$44.83M	$52.28M
YoY Change	-57.73%	-20.73%	-0.87%
Gross Profit Margin	75.89%	83.72%	88.88%
Selling, General & Admin	$2.730M	$3.370M	$3.320M
YoY Change	-17.77%	22.55%	33.33%
% of Gross Profit	12.35%	7.52%	6.35%
Research & Development	$4.280M	$36.00M	$3.480M
YoY Change	22.99%	1582.24%	192.44%
% of Gross Profit	19.37%	80.3%	6.66%
Depreciation & Amortization	$3.431M	$3.200M	$6.850M
YoY Change	-49.91%	-58.97%	5.38%
% of Gross Profit	15.52%	7.14%	13.1%
Operating Expenses	$10.43M	$42.57M	$13.65M
YoY Change	-23.59%	235.73%	33.43%
Operating Profit	$11.67M	$2.261M	$38.63M
YoY Change	-69.8%	-94.85%	-9.12%
Interest Expense	$20.00K	$40.00K	$30.00K
YoY Change	-33.33%	-20.0%	-40.0%
% of Operating Profit	0.17%	1.77%	0.08%
Other Income/Expense, Net	$14.00K	-$140.0K	$414.0K
YoY Change	-96.62%	-173.68%	-29.83%
Pretax Income	$11.68M	$2.160M	$39.05M
YoY Change	-70.09%	-94.48%	-9.51%
Income Tax	$4.559M	$21.07M	$26.73M
% Of Pretax Income	39.03%	975.46%	68.46%
Net Earnings	$7.121M	-$18.92M	$10.42M
YoY Change	-31.69%	-316.94%	-11.59%
Net Earnings / Revenue	24.45%	-35.33%	17.72%
Basic Earnings Per Share	$0.12	-$0.33	$0.18
Diluted Earnings Per Share	$0.12	-$0.32	$0.18
COMMON SHARES
Basic Shares Outstanding	57.90M		57.80M shares
Diluted Shares Outstanding	58.56M		59.00M shares

Balance Sheet

Concept	2013 Q2	2012 Q4	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$78.70M	$130.8M	$137.8M
YoY Change	-42.89%	-4.6%	20.35%
Cash & Equivalents	$78.71M	$130.8M	$137.8M
Short-Term Investments
Other Short-Term Assets	$7.688M	$4.463M	$5.000M
YoY Change	53.76%	27.51%	-62.69%
Inventory	$4.000M	$1.000M	$1.800M
Prepaid Expenses
Receivables	$31.00M	$8.700M	$22.10M
Other Receivables	$7.700M	$4.400M	$5.100M
Total Short-Term Assets	$127.3M	$149.1M	$171.8M
YoY Change	-25.91%	-8.46%	5.92%
LONG-TERM ASSETS
Property, Plant & Equipment	$132.7M	$106.6M	$106.1M
YoY Change	25.09%	6.82%	12.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$12.20M	$12.20M	$12.20M
YoY Change	0.0%	0.0%	454.55%
Total Long-Term Assets	$144.9M	$118.8M	$118.3M
YoY Change	22.52%	5.99%	22.72%
TOTAL ASSETS
Total Short-Term Assets	$127.3M	$149.1M	$171.8M
Total Long-Term Assets	$144.9M	$118.8M	$118.3M
Total Assets	$272.2M	$268.0M	$290.1M
YoY Change	-6.16%	-2.57%	12.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$33.20M	$14.70M	$20.80M
YoY Change	59.62%	3575.0%	6.12%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$33.22M	$45.06M	$20.80M
YoY Change	59.71%	79.53%	6.12%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$11.10M	$10.40M	$11.90M
YoY Change	-6.72%	-38.46%	-29.17%
Total Long-Term Liabilities	$11.10M	$10.40M	$11.90M
YoY Change	-6.72%	-38.46%	-29.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.22M	$45.06M	$20.80M
Total Long-Term Liabilities	$11.10M	$10.40M	$11.90M
Total Liabilities	$44.35M	$55.43M	$36.50M
YoY Change	21.52%	20.76%	-11.62%
SHAREHOLDERS EQUITY
Retained Earnings	$195.7M	$181.4M
YoY Change
Common Stock	$6.317M	$6.314M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$25.31M	$23.98M
YoY Change
Treasury Stock Shares	5.491M shares	$5.258M
Shareholders Equity	$227.9M	$212.5M	$253.6M
YoY Change
Total Liabilities & Shareholders Equity	$272.2M	$268.0M	$290.1M
YoY Change	-6.16%	-2.56%	12.18%

Cashflow Statement

Concept	2013 Q2	2012 Q4	2012 Q2
OPERATING ACTIVITIES
Net Income	$7.121M	-$18.92M	$10.42M
YoY Change	-31.69%	-316.94%	-11.59%
Depreciation, Depletion And Amortization	$3.431M	$3.200M	$6.850M
YoY Change	-49.91%	-58.97%	5.38%
Cash From Operating Activities	-$500.0K	$49.20M	$12.80M
YoY Change	-103.91%	39.38%	-53.11%
INVESTING ACTIVITIES
Capital Expenditures	-$22.40M	-$28.40M	-$16.50M
YoY Change	35.76%	215.56%	184.48%
Acquisitions
YoY Change
Other Investing Activities	$300.0K	$0.00	-$300.0K
YoY Change	-200.0%	-100.0%	-175.0%
Cash From Investing Activities	-$22.10M	-$28.30M	-$16.70M
YoY Change	32.34%	201.06%	203.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.200M	-26.30M	1.400M
YoY Change	-185.71%	1923.08%	1300.0%
NET CHANGE
Cash From Operating Activities	-500.0K	49.20M	12.80M
Cash From Investing Activities	-22.10M	-28.30M	-16.70M
Cash From Financing Activities	-1.200M	-26.30M	1.400M
Net Change In Cash	-23.80M	-5.400M	-2.500M
YoY Change	852.0%	-121.95%	-111.42%
FREE CASH FLOW
Cash From Operating Activities	-$500.0K	$49.20M	$12.80M
Capital Expenditures	-$22.40M	-$28.40M	-$16.50M
Free Cash Flow	$21.90M	$77.60M	$29.30M
YoY Change	-25.26%	75.17%	-11.48%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	56662294	shares
CY2012Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	257389000
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	137796000
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	4386000	shares
CY2013Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	63167438	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	6.47
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	5269000	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2127046	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	6.15
CY2013Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2013Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	5491038	shares
CY2013Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2013Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	163411000
CY2013Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	51186000
CY2013Q2	us-gaap	Liabilities Current LiabilitiesCurrent	33219000
CY2013Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	227869000
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	227869000
CY2013Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	7200000
CY2013Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	33219000
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	195680000
CY2013Q2	us-gaap	Common Stock Value CommonStockValue	6317000
CY2013Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	272223000
CY2013Q2	us-gaap	Liabilities Liabilities	44354000
CY2013Q2	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	11135000
CY2013Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2013Q2	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	4821000
CY2013Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	26227000
CY2013Q2	us-gaap	Assets Current AssetsCurrent	127283000
CY2013Q2	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	3328000
CY2013Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10000000
CY2013Q2	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1349000
CY2013Q2	us-gaap	Assets Assets	272223000
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	78708000
CY2013Q2	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	198571000
CY2013Q2	us-gaap	Loss Contingency Range Of Possible Loss Minimum LossContingencyRangeOfPossibleLossMinimum	5000000
CY2013Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	296131000
CY2013Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	6620000
CY2013Q2	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4099000
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	6620000
CY2013Q2	us-gaap	Loss Contingency Range Of Possible Loss Maximum LossContingencyRangeOfPossibleLossMaximum	10000000
CY2013Q2	us-gaap	Other Assets Current OtherAssetsCurrent	7688000
CY2013Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	7221000
CY2013Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	1700000
CY2013Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	61929000
CY2013Q2	us-gaap	Other Inventory Supplies OtherInventorySupplies	642000
CY2013Q2	us-gaap	Treasury Stock Value TreasuryStockValue	25314000
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	132720000
CY2013Q2	egy	Funds In Escrow Current FundsInEscrowCurrent	1770000
CY2013Q2	egy	Number Of Exploration Wells Drilling Required To Pay Remaining Obligation NumberOfExplorationWellsDrillingRequiredToPayRemainingObligation	1	Well
CY2013Q2	egy	Undeveloped Acreage UndevelopedAcreage	28410000
CY2013Q2	egy	Funds In Escrow Noncurrent FundsInEscrowNoncurrent	10871000
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	233067000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	137139000
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	63135772	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	6.12
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	4065000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	5257638	shares
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2012Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	155968000
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	48816000
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	45063000
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	212525000
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	212525000
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	6000000
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	30326000
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	181370000
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	6314000
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	267956000
CY2012Q4	us-gaap	Liabilities Liabilities	55431000
CY2012Q4	us-gaap	Asset Retirement Obligations Noncurrent AssetRetirementObligationsNoncurrent	10368000
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	689000
CY2012Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	7961000
CY2012Q4	us-gaap	Assets Current AssetsCurrent	149125000
CY2012Q4	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	683000
CY2012Q4	us-gaap	Deferred Tax Assets Net Noncurrent DeferredTaxAssetsNetNoncurrent	1349000
CY2012Q4	us-gaap	Assets Assets	267956000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	130800000
CY2012Q4	us-gaap	Capitalized Costs Proved Properties CapitalizedCostsProvedProperties	188208000
CY2012Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	262576000
CY2012Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	2935000
CY2012Q4	us-gaap	Other Assets Current OtherAssetsCurrent	4463000
CY2012Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	7574000
CY2012Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	38137000
CY2012Q4	us-gaap	Other Inventory Supplies OtherInventorySupplies	337000
CY2012Q4	us-gaap	Treasury Stock Value TreasuryStockValue	23975000
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	106608000
CY2012Q4	egy	Accounts With Partners AccountsWithPartners	14737000
CY2012Q4	egy	Funds In Escrow Current FundsInEscrowCurrent	1257000
CY2012Q4	egy	Undeveloped Acreage UndevelopedAcreage	28657000
CY2012Q4	egy	Funds In Escrow Noncurrent FundsInEscrowNoncurrent	10874000
	dei	Trading Symbol TradingSymbol	EGY
	dei	Entity Registrant Name EntityRegistrantName	VAALCO ENERGY INC /DE/
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2013-06-30
	dei	Entity Central Index Key EntityCentralIndexKey	0000894627
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	58785808	shares
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.25
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P2Y9M7D
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	5.74
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P3Y
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	7.59
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	881937	shares
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	233400	shares
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-9545000
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	4.24
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	1236000	shares
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P1Y4M24D
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57903871	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P2Y5M12D
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	32000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod		shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2135300	shares
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1166000
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	20010000
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	3306000
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	11238000
	us-gaap	Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories	305000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-96000
	us-gaap	Income Taxes Paid IncomeTaxesPaid	18416000
	us-gaap	Investment Income Interest InvestmentIncomeInterest	41000
	us-gaap	Profit Loss ProfitLoss	14310000
	us-gaap	Operating Income Loss OperatingIncomeLoss	33170000
	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	73255000
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-22000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	33115000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	18266000
	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	40833000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-55000
	us-gaap	Net Income Loss NetIncomeLoss	14310000
	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	25000000
	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	0
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1339000
	us-gaap	Increase Decrease In Fuel Inventories IncreaseDecreaseInFuelInventories	1944000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	135000
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	510000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1848000
	us-gaap	Costs And Expenses CostsAndExpenses	40085000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6102000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1204000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1339000
	us-gaap	Share Based Compensation ShareBasedCompensation	2238000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1141000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-52092000
	us-gaap	Exploration Expense ExplorationExpense	10386000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	135000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-41343000
	us-gaap	Exploration Abandonment And Impairment Expense ExplorationAbandonmentAndImpairmentExpense	8836000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7057000
	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	15399000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	18805000
	egy	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Remaining Contractual Term ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageRemainingContractualTerm
	egy	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Remaining Contractual Term ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageRemainingContractualTerm	P3M11D
	egy	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Remaining Contractual Term ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageRemainingContractualTerm	P4Y8M16D
	egy	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisablePeriod	P5Y
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	58700829	shares
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.34
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1204568	shares
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	28018000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57496261	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1018900	shares
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1594000
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	-6077000
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	1061000
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5456000
	us-gaap	Increase Decrease In Raw Materials Packaging Materials And Supplies Inventories IncreaseDecreaseInRawMaterialsPackagingMaterialsAndSuppliesInventories	180000
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	583000
	us-gaap	Income Taxes Paid IncomeTaxesPaid	41733000
	us-gaap	Investment Income Interest InvestmentIncomeInterest	73000
	us-gaap	Profit Loss ProfitLoss	22846000
	us-gaap	Operating Income Loss OperatingIncomeLoss	68739000
	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	104104000
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	358000
CY2012Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3040000
CY2012Q2	us-gaap	Share Based Compensation ShareBasedCompensation	400000
CY2012Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	275000
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-88000
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3597000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	69395000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	9904000
	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	27221000
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	656000
	us-gaap	Net Income Loss NetIncomeLoss	19444000
	us-gaap	Increase Decrease In Fuel Inventories IncreaseDecreaseInFuelInventories	437000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3369000
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	3402000
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-4372000
	us-gaap	Costs And Expenses CostsAndExpenses	35365000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6521000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-228000
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3597000
	us-gaap	Share Based Compensation ShareBasedCompensation	1704000
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	590000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	657000
	us-gaap	Exploration Expense ExplorationExpense	4337000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3369000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-27133000
	us-gaap	Exploration Abandonment And Impairment Expense ExplorationAbandonmentAndImpairmentExpense	2853000
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11854000
	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	12063000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	46549000
	egy	Property And Equipment Value Reduction PropertyAndEquipmentValueReduction	5670000
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P2Y7M24D
CY2012Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	59000292	shares
CY2012Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
CY2012Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1202808	shares
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57797484	shares
CY2012Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1018900	shares
CY2012Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	382000
CY2012Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	32000
CY2012Q2	us-gaap	Profit Loss ProfitLoss	12317000
CY2012Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	38632000
CY2012Q2	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	58818000
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	39046000
CY2012Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	414000
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	10424000
CY2012Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1893000
CY2012Q2	us-gaap	Costs And Expenses CostsAndExpenses	20186000
CY2012Q2	us-gaap	Exploration Expense ExplorationExpense	3484000
CY2012Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6850000
CY2012Q2	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	6537000
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26729000
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2013Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	58560284	shares
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2013Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	659475	shares
CY2013Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	57900809	shares
CY2013Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3205865	shares
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2000
CY2013Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	16000
CY2013Q2	us-gaap	Profit Loss ProfitLoss	7121000
CY2013Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	11666000
CY2013Q2	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	29118000
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	11680000
CY2013Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	14000
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	7121000
CY2013Q2	us-gaap	Costs And Expenses CostsAndExpenses	17452000
CY2013Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2464000
CY2013Q2	us-gaap	Share Based Compensation ShareBasedCompensation	800000
CY2013Q2	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	262000
CY2013Q2	us-gaap	Exploration Expense ExplorationExpense	4280000
CY2013Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3431000
CY2013Q2	us-gaap	Oil And Gas Production Expense OilAndGasProductionExpense	7015000
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4559000

Files In Submission

Name	View Source	Status
0001193125-13-327095-index-headers.html	Edgar Link	pending
0001193125-13-327095-index.html	Edgar Link	pending
0001193125-13-327095.txt	Edgar Link	pending
0001193125-13-327095-xbrl.zip	Edgar Link	pending
d553407d10q.htm	Edgar Link	pending
d553407dex311.htm	Edgar Link	pending
d553407dex312.htm	Edgar Link	pending
d553407dex321.htm	Edgar Link	pending
d553407dex322.htm	Edgar Link	pending
egy-20130630.xml	Edgar Link	completed
egy-20130630.xsd	Edgar Link	pending
egy-20130630_cal.xml	Edgar Link	unprocessable
egy-20130630_def.xml	Edgar Link	unprocessable
egy-20130630_lab.xml	Edgar Link	unprocessable
egy-20130630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
R10.htm	Edgar Link	pending
R10.xml	Edgar Link	unprocessable
R11.htm	Edgar Link	pending
R11.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R12.xml	Edgar Link	unprocessable
R13.htm	Edgar Link	pending
R13.xml	Edgar Link	unprocessable
R14.htm	Edgar Link	pending
R14.xml	Edgar Link	unprocessable
R15.htm	Edgar Link	pending
R15.xml	Edgar Link	unprocessable
R16.htm	Edgar Link	pending
R16.xml	Edgar Link	unprocessable
R17.htm	Edgar Link	pending
R17.xml	Edgar Link	unprocessable
R18.htm	Edgar Link	pending
R18.xml	Edgar Link	unprocessable
R19.htm	Edgar Link	pending
R19.xml	Edgar Link	unprocessable
R2.htm	Edgar Link	pending
R2.xml	Edgar Link	unprocessable
R20.htm	Edgar Link	pending
R20.xml	Edgar Link	unprocessable
R21.htm	Edgar Link	pending
R21.xml	Edgar Link	unprocessable
R22.htm	Edgar Link	pending
R22.xml	Edgar Link	unprocessable
R23.htm	Edgar Link	pending
R23.xml	Edgar Link	unprocessable
R24.htm	Edgar Link	pending
R24.xml	Edgar Link	unprocessable
R25.htm	Edgar Link	pending
R25.xml	Edgar Link	unprocessable
R3.htm	Edgar Link	pending
R3.xml	Edgar Link	unprocessable
R4.htm	Edgar Link	pending
R4.xml	Edgar Link	unprocessable
R5.htm	Edgar Link	pending
R5.xml	Edgar Link	unprocessable
R6.htm	Edgar Link	pending
R6.xml	Edgar Link	unprocessable
R7.htm	Edgar Link	pending
R7.xml	Edgar Link	unprocessable
R8.htm	Edgar Link	pending
R8.xml	Edgar Link	unprocessable
R9.htm	Edgar Link	pending
R9.xml	Edgar Link	unprocessable
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$EGY
VAALCO Energy Inc Stock $egy

2013 Q2 Form 10-Q Financial Statement

#000119312513327095 Filed on August 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EGY VAALCO Energy Inc Stock $egy

2013 Q2 Form 10-Q Financial Statement

#000119312513327095 Filed on August 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EGY
VAALCO Energy Inc Stock $egy