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VAALCO ENERGY, INC. ANNOUNCES
THIRD QUARTER 2018 RESULTS
HOUSTON – November 7, 2018 - VAALCO Energy, Inc. (NYSE: EGY) today reported operational and financial results for the third quarter 2018.
Highlights and Recent Key Items:
For the third quarter of 2018, VAALCO reported Income from Continuing Operations of $78.6 million, or $1.28 per diluted share and Adjusted Income from Continuing Operations of $9.1 million, or $0.15 per diluted share. This includes a $1.1 million or ($0.02 per diluted share) charge for a non-cash mark-to-market charge related to the Company’s crude oil swaps. In the same period in 2017, the Company reported a Loss from Continuing Operations of $0.1 million, or $0.00 per diluted share, and in the second quarter of 2018 reported Income from Continuing Operations
The following information was filed by Vaalco Energy Inc (EGY) on Wednesday, November 7, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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