Vaalco Energy Inc's Corporate Customers have recorded a growth in their cost of revenue by 45.26 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 27.94 %. During the corresponding time, Vaalco Energy Inc recorded a revenue increase by 39.5 % year on year, sequentially revenue grew by 115.92 %. While revenue at the Vaalco Energy Inc's corporate clients recorded rose by 40.36 % year on year, sequentially revenue grew by 25.46 %.
Vaalco Energy Inc's Customers have recorded a growth in their cost of revenue by 45.26 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 27.94 %, for the same period Vaalco Energy Inc recorded revenue increase by 39.5 % year on year, sequentially revenue grew by 115.92 %.
Vaalco Energy Inc's Comment on Sales, Marketing and Customers
The company operates in Gabon, Egypt, Cote d'Ivoire, and Canada. For the years ended December 31, 2025, 2024, and 2023, revenue from Gabon accounted for 100% each year. Egypt contributed 100% in 2025 and 2024, and 62% and 38% in 2023. Cote d'Ivoire contributed 100% in 2025, 87% and 13% in 2024, and no revenue in 2023; sales in Cote d'Ivoire from April 30, 2024, through December 31, 2024, are related to the Svenska Acquisition. Canada contributed 51%, 20%, and 15% in 2025, 41%, 32%, and 21% in 2024, and 52%, 37%, and 7% in 2023. The company employs 281 full-time employees across Gabon, Egypt, Canada, Cote d'Ivoire, Equatorial Guinea, Houston, and the United Kingdom, with additional contractors in these locations. The workforce includes significant local representation in Gabon and Egypt, and female management representation is approximately 19%. Compensation comprises fixed and variable pay, bonuses, merit increases, and share-based compensation for executives and certain employees.
Vaalco Energy Inc’s Comment on Sales, Marketing and Customers
The company operates in Gabon, Egypt, Cote d'Ivoire, and Canada. For the years ended December 31, 2025, 2024, and 2023, revenue from Gabon accounted for 100% each year. Egypt contributed 100% in 2025 and 2024, and 62% and 38% in 2023. Cote d'Ivoire contributed 100% in 2025, 87% and 13% in 2024, and no revenue in 2023; sales in Cote d'Ivoire from April 30, 2024, through December 31, 2024, are related to the Svenska Acquisition. Canada contributed 51%, 20%, and 15% in 2025, 41%, 32%, and 21% in 2024, and 52%, 37%, and 7% in 2023. The company employs 281 full-time employees across Gabon, Egypt, Canada, Cote d'Ivoire, Equatorial Guinea, Houston, and the United Kingdom, with additional contractors in these locations. The workforce includes significant local representation in Gabon and Egypt, and female management representation is approximately 19%. Compensation comprises fixed and variable pay, bonuses, merit increases, and share-based compensation for executives and certain employees.
Sources:
Vaalco Energy Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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