Jul. 9 at 3:48 PM
$EGY
Gabon (The Workhorse): Vaalco generated roughly
$181.7 million in revenue here in 2025. After deducting the
$86.3 million in government fees, taxes, and royalties, the company retained approximately
$95.4 million in top-line capital.
Egypt (High Volume, Low Margin): Egypt generated a solid
$140.0 million in revenue, the government payouts were massive at
$134.6 million (driven heavily by those high royalties and the
$20 million modernization bonus). This left only roughly
$5.4 million in revenue after government obligations.
Côte d'Ivoire (In Transition): Region brought in roughly
$18.4 million with very low government fees (under
$2 million). However, production was materially offline for much of 2025 due to a major refurbishment project, making it a smaller factor for the year.
Equatorial Guinea: This region is still in the development and planning phase, so it is drawing a small amount of capital for land use and training Without current production revenue.