$EGY
VAALCO ENERGY INC /DE/

2014 Q3 Form 10-Q Financial Statement

#000156459014005421 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $24.49M $37.74M
YoY Change -35.11% 0.29%
Cost Of Revenue $7.150M $12.58M
YoY Change -43.16% 111.78%
Gross Profit $17.34M $25.16M
YoY Change -31.08% -20.61%
Gross Profit Margin 70.8% 66.67%
Selling, General & Admin $5.770M $2.040M
YoY Change 182.84% -30.14%
% of Gross Profit 33.28% 8.11%
Research & Development $600.0K $11.07M
YoY Change -94.58% 1481.43%
% of Gross Profit 3.46% 44.0%
Depreciation & Amortization $4.200M $3.900M
YoY Change 7.69% -18.75%
% of Gross Profit 24.22% 15.5%
Operating Expenses $10.65M $17.06M
YoY Change -37.57% 101.18%
Operating Profit $6.687M $8.104M
YoY Change -17.49% -48.03%
Interest Expense $300.0K $20.00K
YoY Change 1400.0% -50.0%
% of Operating Profit 4.49% 0.25%
Other Income/Expense, Net $160.0K -$56.00K
YoY Change -385.71% -722.22%
Pretax Income $6.870M $8.048M
YoY Change -14.64% -48.42%
Income Tax $3.760M $5.662M
% Of Pretax Income 54.73% 70.35%
Net Earnings $3.109M $2.386M
YoY Change 30.3% 2150.94%
Net Earnings / Revenue 12.69% 6.32%
Basic Earnings Per Share $0.05 $0.04
Diluted Earnings Per Share $0.05 $0.04
COMMON SHARES
Basic Shares Outstanding 57.30M 56.60M
Diluted Shares Outstanding 57.87M 57.12M

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $133.5M $100.5M
YoY Change 32.84% -26.27%
Cash & Equivalents $133.5M $100.5M
Short-Term Investments
Other Short-Term Assets $18.20M $6.900M
YoY Change 163.77% 9.52%
Inventory $3.100M $3.700M
Prepaid Expenses
Receivables $9.000M $5.300M
Other Receivables $5.400M $10.50M
Total Short-Term Assets $169.2M $126.9M
YoY Change 33.33% -24.73%
LONG-TERM ASSETS
Property, Plant & Equipment $189.6M $134.6M
YoY Change 40.86% 17.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.000M $12.20M
YoY Change -67.21% 0.0%
Total Long-Term Assets $193.7M $146.7M
YoY Change 32.02% 15.98%
TOTAL ASSETS
Total Short-Term Assets $169.2M $126.9M
Total Long-Term Assets $193.7M $146.7M
Total Assets $362.9M $273.6M
YoY Change 32.63% -7.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.400M $4.900M
YoY Change 10.2% -80.78%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $56.10M $40.45M
YoY Change 38.7% 58.62%
LONG-TERM LIABILITIES
Long-Term Debt $15.00M $0.00
YoY Change
Other Long-Term Liabilities $13.70M $11.30M
YoY Change 21.24% -9.6%
Total Long-Term Liabilities $15.00M $11.30M
YoY Change 32.74% -9.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.10M $40.45M
Total Long-Term Liabilities $15.00M $11.30M
Total Liabilities $84.80M $51.75M
YoY Change 63.88% 25.9%
SHAREHOLDERS EQUITY
Retained Earnings $198.1M
YoY Change
Common Stock $6.331M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $34.66M
YoY Change
Treasury Stock Shares $7.023M
Shareholders Equity $278.1M $221.9M
YoY Change
Total Liabilities & Shareholders Equity $362.9M $273.6M
YoY Change 32.63% -7.28%

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $3.109M $2.386M
YoY Change 30.3% 2150.94%
Depreciation, Depletion And Amortization $4.200M $3.900M
YoY Change 7.69% -18.75%
Cash From Operating Activities $14.20M $46.30M
YoY Change -69.33% 175.6%
INVESTING ACTIVITIES
Capital Expenditures -$16.80M -$15.30M
YoY Change 9.8% -6.13%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$400.0K
YoY Change -100.0%
Cash From Investing Activities -$16.80M -$15.70M
YoY Change 7.01% -4.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.60M -8.900M
YoY Change -297.75% 345.0%
NET CHANGE
Cash From Operating Activities 14.20M 46.30M
Cash From Investing Activities -16.80M -15.70M
Cash From Financing Activities 17.60M -8.900M
Net Change In Cash 15.00M 21.70M
YoY Change -30.88% -1456.25%
FREE CASH FLOW
Cash From Operating Activities $14.20M $46.30M
Capital Expenditures -$16.80M -$15.30M
Free Cash Flow $31.00M $61.60M
YoY Change -49.68% 86.1%

Facts In Submission

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dei Entity Registrant Name
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VAALCO ENERGY INC /DE/
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Files In Submission

Name View Source Status
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0001564590-14-005421-index.html Edgar Link pending
0001564590-14-005421.txt Edgar Link pending
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egy-20140930.xml Edgar Link completed
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