Vaalco Energy Expects Significant Negative Cash Flows in FY2026 Amid FPSO Departure

Vaalco Energy entered FY26 with negative cash flows but received a lucky break as the FPSO departed the shipyard and resumed operations, increasing production and revenue. This unexpected turn of events allowed Vaalco to end the quarter with a cash balance of $83.8 million, exceeding expectations. The company is now focusing on maximizing production and reducing costs to maintain its financial stability.