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HOUSTON - Vaalco Energy (NYSE:EGY), Inc. (NYSE:EGY; LSE:EGY), an independent energy company, has declared a quarterly cash dividend of $0.0625 per share for the second quarter of 2025. This dividend, which annualizes to $0.25 per share, is scheduled for payment on June 27, 2025, to shareholders of record as of May 23, 2025. The company’s CEO, George Maxwell, noted that this marks Vaalco’s 14th consecutive quarterly dividend despite an active investment program and fluctuating commodity prices.
Founded in 1985 and headquartered in Houston, Texas, Vaalco has a portfolio that spans production, development, and exploration assets in several countries including Gabon, Egypt, Cote d’Ivoire, Equatorial Guinea, Nigeria, and Canada.
The forward-looking statements included in the company’s announcement indicate that future dividend payments are subject to approval by the Board of Directors. These statements also highlight that the dividends are contingent upon a variety of factors, such as Vaalco’s financial performance, cash flow, and market conditions.
The Board of Directors retains full discretion over the declaration and payment of future dividends, and there is no guarantee of subsequent dividends beyond the second quarter of 2025. The announcement also contains a reminder that the forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from expected outcomes.
This dividend declaration is based on a press release statement from Vaalco Energy, Inc. and reflects the company’s current financial strategy and commitment to shareholder returns amidst its ongoing financial activities and the broader economic environment in which it operates.
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