VAALCO ENERGY INC /DE/ Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in thousands) | |||||||||||||||||
| Net income (loss) (numerator): | |||||||||||||||||
| Net income (loss) | $ | (41,391) | $ | 58,490 | $ | 60,354 | |||||||||||
| Income attributable to unvested shares | (475) | (714) | (632) | ||||||||||||||
| Numerator for basic | (41,866) | 57,776 | 59,722 | ||||||||||||||
| Income attributable to unvested shares | — | — | 1 | ||||||||||||||
| Numerator for dilutive | $ | (41,866) | $ | 57,776 | $ | 59,723 | |||||||||||
| Weighted average shares (denominator): | |||||||||||||||||
| Basic weighted average shares outstanding | 104,055 | 103,669 | 106,376 | ||||||||||||||
| Effect of dilutive securities | — | 78 | 179 | ||||||||||||||
| Diluted weighted average shares outstanding | 104,055 | 103,747 | 106,555 | ||||||||||||||
| Stock options and unvested restricted stock grants excluded from dilutive calculation because they would be antidilutive | 3,608 | 516 | 385 | ||||||||||||||
Want the next VAALCO ENERGY INC /DE/ earnings per share disclosure the moment it drops?
Set a Sentinel and we'll alert you the moment VAALCO ENERGY INC /DE/'s next filing hits EDGAR. No credit card, your email never gets sold.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 16, 2026 | Showing above |
| 2024 | Mar 17, 2025 | |
| 2023 | Mar 15, 2024 | |
| 2022 | Apr 6, 2023 | |
| 2021 | Mar 11, 2022 | |
| 2020 | Mar 9, 2021 | |
| 2019 | Mar 10, 2020 | |
| 2018 | Mar 8, 2019 | |
| 2017 | Mar 7, 2018 | |
| 2016 | Mar 13, 2017 | |
| 2015 | Mar 16, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.