Vaalco Energy (EGY) Asset Writedowns and Impairment (2010 - 2024)
Vaalco Energy (EGY) posted quarterly Asset Writedowns and Impairment of -$48000.0 for Q4 2024, up 95.98% year-over-year from -$24492.3 in Q1 2024, and up 95.98% quarter-over-quarter from -$1.2 million in Q4 2023.
Vaalco Energy (EGY) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Vaalco Energy (EGY) has reported Asset Writedowns and Impairment for 15 consecutive years, with -$48000.0 the latest figure, recorded in Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment rose 95.98% year-over-year to -$48000.0; the TTM figure through Dec 2024 stood at $260000.0 (down 63.28% YoY), while the FY2025 annual figure was $67.2 million, changed N/A from the prior year.
- Asset Writedowns and Impairment improved to -$48000.0 in Q4 2024 per EGY's latest filing, from -$1.2 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $30.6 million in Q1 2020 and bottomed at -$2.1 million in Q4 2022.
- Historically, Asset Writedowns and Impairment has averaged $2.0 million across 5 years, with a median of $356500.0 in 2021.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 105617.24% — and 2021, when it sank 3356.0%.
- Vaalco Energy's Asset Writedowns and Impairment stood at $25000.0 in 2020, then tumbled by 3356.0% to -$814000.0 in 2021, then plunged by 155.9% to -$2.1 million in 2022, then soared by 42.68% to -$1.2 million in 2023, then soared by 95.98% to -$48000.0 in 2024.
- Business Quant data shows EGY's Asset Writedowns and Impairment at -$48000.0 in Q4 2024, -$1.2 million in Q4 2023, and $822000.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | Vaalco Energy | 620.31 Mn | 589.92 Mn | 89.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -48,000.00 |
| Dec 31, 2024 | -48,000.00 |
| Dec 31, 2023 | -1.19 Mn |
| Dec 31, 2023 | -1.19 Mn |
| Sep 30, 2023 | 822,000.00 |
| Sep 30, 2023 | 822,000.00 |
| Jun 30, 2023 | 680,000.00 |
| Jun 30, 2023 | 680,000.00 |
| Mar 31, 2023 | 400,000.00 |
| Mar 31, 2023 | 400,000.00 |
| Dec 31, 2022 | -2.08 Mn |
| Dec 31, 2022 | -2.08 Mn |
| Sep 30, 2022 | 1.02 Mn |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 571,000.00 |
| Jun 30, 2022 | 571,000.00 |
| Mar 31, 2022 | 492,000.00 |
| Mar 31, 2022 | 492,000.00 |
| Dec 31, 2021 | -814,000.00 |
| Dec 31, 2021 | -814,000.00 |