Vaalco Energy Inc (EGY)
Every figure this model derived for EGY, the value it took, and the element in the company's own XBRL it was read from — so any of it can be checked against the filing rather than taken on trust. As at 2026-06-30.
The figures, and where each came from
This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.
| Figure | Value | XBRL tag | As at |
|---|---|---|---|
| capex | 0 | PaymentsToAcquireOtherPropertyPlantAndEquipment |
2023-12-31 |
| cash | 30,394,000 | CashAndCashEquivalentsAtCarryingValue |
2026-06-30 |
| current assets | 88,892,000 | AssetsCurrent |
2026-06-30 |
| current liabilities | 203,910,000 | LiabilitiesCurrent |
2026-06-30 |
| equity | 380,335,000 | StockholdersEquity |
2026-06-30 |
| interest expense | 6,311,000 | InterestPaidNet |
2026-06-30 |
| ocf | 196,093,000 | NetCashProvidedByUsedInOperatingActivities |
2026-06-30 |
| revenue | 349,814,000 | Revenues |
2026-06-30 |
| sbc | 6,256,000 | ShareBasedCompensation |
2026-06-30 |
The ratios
The figures themselves rather than their scores — what somebody looking up EGY on one particular measure came for.
| Ratio | Value |
|---|---|
| cash operating margin | 25.59 |
| current ratio | 0.44 |
| current ratio reported | 0.44 |
| dilution pct | 0.3 |
| ev owner earnings | 4.46 |
| ev sales | 2.42 |
| fcf margin | 56.06 |
| growth cv | 1.37 |
| interest cover | -3.27 |
| net debt ebitda | 2.52 |
| operating margin | -5.89 |
| owner earnings margin | 54.27 |
| revenue growth | -25.46 |
| revenue growth per share | -25.68 |
| roic | -2.76 |
| rule of 40 | -31.35 |
| sbc pct revenue | 1.79 |
Everything else this filing tags
400 more elements from EGY's own XBRL that this model has no measure for, newest reading each, largest first. Nothing here is converted, added up or renamed — it is the filing's own element names and the filing's own numbers.
| Element | Newest | As of | Periods | Unit |
|---|---|---|---|---|
PropertyPlantAndEquipmentGross | 1,535,651,000 | 2026-06-30 | 123 | USD |
Assets | 968,570,000 | 2026-06-30 | 126 | USD |
LiabilitiesAndStockholdersEquity | 968,570,000 | 2026-06-30 | 123 | USD |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | 825,998,000 | 2026-06-30 | 123 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows | 733,761,000 | 2013-12-31 | 6 | USD |
NoncurrentAssets | 709,653,000 | 2026-06-30 | 42 | USD |
PropertyPlantAndEquipmentNet | 709,653,000 | 2026-06-30 | 121 | USD |
Liabilities | 588,235,000 | 2026-06-30 | 123 | USD |
ProvedOilAndGasPropertySuccessfulEffortMethod | 442,665,000 | 2020-06-30 | 37 | USD |
CapitalizedCostsOilAndGasProducingActivitiesGross | 433,541,000 | 2015-12-31 | 11 | USD |
OilAndGasPropertySuccessfulEffortMethodGross | 409,862,000 | 2019-06-30 | 2 | USD |
MachineryAndEquipmentGross | 409,487,000 | 2018-12-31 | 2 | USD |
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities | 400,168,000 | 2015-12-31 | 11 | USD |
AdditionalPaidInCapitalCommonStock | 371,427,000 | 2026-06-30 | 95 | USD |
DeferredTaxAssetsGross | 310,036,000 | 2025-12-31 | 28 | USD |
StockIssuedDuringPeriodValueAcquisitions | 274,145,000 | 2022-12-31 | 3 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1 | -226,681,000 | 2013-12-31 | 3 | USD |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 223,612,000 | 2023-12-31 | 84 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts | 206,684,000 | 2012-12-31 | 3 | USD |
DeferredTaxAssetsValuationAllowance | 203,624,000 | 2025-12-31 | 34 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows | 187,594,000 | 2013-12-31 | 6 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts | 186,982,000 | 2012-12-31 | 3 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense | 182,001,000 | 2012-12-31 | 3 | USD |
LongTermDebt | 177,000,000 | 2026-06-30 | 36 | USD |
SegmentExpenditureAdditionToLongLivedAssets | 172,403,000 | 2026-06-30 | 13 | USD |
CostsAndExpenses | 170,308,000 | 2026-06-30 | 255 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1 | -164,142,000 | 2013-12-31 | 3 | USD |
CommonStockSharesAuthorized | 160,000,000 | 2026-06-30 | 127 | shares |
NetCashProvidedByUsedInInvestingActivities | -156,162,000 | 2026-06-30 | 121 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1 | -155,344,000 | 2013-12-31 | 3 | USD |
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts | -146,536,000 | 2015-12-31 | 12 | USD |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest | 143,586,000 | 2015-03-31 | 56 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows | 143,276,000 | 2015-12-31 | 6 | USD |
DepreciationDepletionAndAmortization | 143,034,000 | 2024-12-31 | 168 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure | 137,436,000 | 2013-12-31 | 6 | USD |
AccruedLiabilitiesAndOtherLiabilities | 135,824,000 | 2026-06-30 | 30 | USD |
DeferredTaxAssetsTaxCreditCarryforwardsForeign | 133,803,000 | 2025-12-31 | 28 | USD |
CommonStockSharesIssued | 124,320,737 | 2026-06-30 | 122 | shares |
ProceedsFromLinesOfCredit | 117,000,000 | 2026-06-30 | 11 | USD |
DeferredTaxLiabilitiesPropertyPlantAndEquipment | 115,217,000 | 2025-12-31 | 12 | USD |
DeferredTaxLiabilities | 115,217,000 | 2025-12-31 | 8 | USD |
DeferredTaxAssetsLiabilitiesNet | 106,412,000 | 2025-12-31 | 25 | USD |
CommonStockSharesOutstanding | 105,191,778 | 2026-06-30 | 70 | shares |
WeightedAverageNumberOfDilutedSharesOutstanding | 104,389,000 | 2026-06-30 | 199 | shares |
WeightedAverageNumberOfSharesOutstandingBasic | 104,389,000 | 2026-06-30 | 199 | shares |
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves | 104,303,000 | 2015-12-31 | 12 | USD |
RevisionsOfPreviousQuantityEstimates | -104,158,000 | 2015-12-31 | 12 | USD |
GoodwillAndIntangibleAssetImpairment | 98,300,000 | 2014-12-31 | 6 | USD |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | -97,223,000 | 2023-12-31 | 84 | USD |
NetCashProvidedByUsedInFinancingActivities | 93,189,000 | 2026-06-30 | 116 | USD |
AccruedLiabilitiesCurrent | 91,409,000 | 2022-03-31 | 53 | USD |
FinanceLeaseLiabilityPaymentsDue | 85,664,000 | 2025-12-31 | 10 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts | 83,617,000 | 2015-12-31 | 6 | USD |
IncomeTaxExpenseBenefitContinuingOperations | 81,813,000 | 2012-12-31 | 3 | USD |
AssetRetirementObligationsNoncurrent | 81,635,000 | 2026-06-30 | 131 | USD |
TreasuryStockCommonValue | 80,718,000 | 2026-06-30 | 28 | USD |
AssetRetirementObligation | 78,406,000 | 2025-12-31 | 82 | USD |
RetainedEarningsAccumulatedDeficit | 77,194,000 | 2026-06-30 | 123 | USD |
OilAndGasSalesRevenue | 77,025,000 | 2017-12-31 | 130 | USD |
ResultsOfOperationsProductionOrLiftingCosts | 73,849,000 | 2026-06-30 | 104 | USD |
FinanceLeaseLiability | 69,375,000 | 2025-12-31 | 10 | USD |
IncomeTaxesPaidNet | 67,985,000 | 2025-12-31 | 13 | USD |
ImpairmentOfLongLivedAssetsToBeDisposedOf | 67,224,000 | 2025-12-31 | 3 | USD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | 66,963,000 | 2025-12-31 | 84 | USD |
PaymentsToAcquireOilAndGasPropertyAndEquipment | 66,879,000 | 2013-12-31 | 25 | USD |
LineOfCreditFacilityMaximumBorrowingCapacity | 65,000,000 | 2014-01-31 | 7 | USD |
CurrentIncomeTaxExpenseBenefit | 64,100,000 | 2024-09-30 | 15 | USD |
AdditionalPaidInCapital | 63,656,000 | 2014-09-30 | 28 | USD |
FinanceLeaseRightOfUseAsset | 62,704,000 | 2026-06-30 | 35 | USD |
DeferredIncomeTaxAssetsNet | 60,966,000 | 2026-06-30 | 45 | USD |
IncomeLossFromContinuingOperations | 60,369,000 | 2023-12-31 | 24 | USD |
DeferredIncomeTaxLiabilitiesNet | 60,234,000 | 2026-06-30 | 36 | USD |
PreviouslyEstimatedDevelopmentCostsIncurred | 60,004,000 | 2015-12-31 | 2 | USD |
AccountsPayableCurrent | 59,886,000 | 2022-12-31 | 59 | USD |
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic | 59,737,000 | 2023-12-31 | 72 | USD |
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted | 59,737,000 | 2023-12-31 | 72 | USD |
CashEquivalentsAtCarryingValue | 58,900,000 | 2025-12-31 | 16 | USD |
DeferredTaxAssetsOperatingLossCarryforwards | 58,892,000 | 2025-12-31 | 8 | USD |
PledgedAssetsNotSeparatelyReportedOnStatementOfFinancialPosition | 58,700,000 | 2014-12-31 | 1 | USD |
AccountsPayableAndAccruedLiabilitiesCurrent | 57,790,000 | 2015-09-30 | 36 | USD |
NonoperatingIncomeExpense | -57,669,000 | 2026-06-30 | 141 | USD |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | -56,819,000 | 2023-12-31 | 82 | USD |
DepreciationAndAmortization | 52,484,000 | 2026-06-30 | 56 | USD |
IncomeTaxReconciliationChangeInEnactedTaxRate | 52,449,000 | 2017-12-31 | 3 | USD |
CapitalizedCostsUnprovedProperties | 52,079,000 | 2025-12-31 | 10 | USD |
GainLossOnDerivativeInstrumentsNetPretax | -51,861,000 | 2026-06-30 | 112 | USD |
IncreaseDecreaseInCommodityContractAssetsAndLiabilities | -51,861,000 | 2026-06-30 | 66 | USD |
NetIncomeLossAvailableToCommonStockholdersBasic | -51,663,000 | 2026-06-30 | 104 | USD |
NetIncomeLossAvailableToCommonStockholdersDiluted | -51,663,000 | 2026-06-30 | 104 | USD |
NetIncomeLoss | -51,319,000 | 2026-06-30 | 282 | USD |
ComprehensiveIncomeNetOfTax | -51,207,000 | 2026-06-30 | 48 | USD |
FinanceLeaseLiabilityNoncurrent | 50,825,000 | 2026-06-30 | 35 | USD |
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows | 50,158,000 | 2013-12-31 | 6 | USD |
OilAndGasJointInterestBillingReceivables | 49,200,000 | 2024-12-31 | 21 | USD |
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations | 48,015,000 | 2025-12-31 | 24 | USD |
TreasuryStockValue | 47,652,000 | 2022-12-31 | 95 | USD |
PropertyPlantAndEquipmentAdditions | 46,453,000 | 2024-06-30 | 47 | USD |
IncomeTaxReconciliationTaxContingenciesForeign | -45,751,000 | 2018-12-31 | 3 | USD |
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod | 44,389,000 | 2013-12-31 | 8 | USD |
CurrentForeignTaxExpenseBenefit | 44,341,000 | 2025-12-31 | 96 | USD |
RevenueFromContractWithCustomerExcludingAssessedTax | 43,829,000 | 2021-03-31 | 12 | USD |
DeferredTaxAssetsPropertyPlantAndEquipment | 40,988,000 | 2025-12-31 | 31 | USD |
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts | 40,349,000 | 2015-12-31 | 12 | USD |
PaymentsToAcquireBusinessesGross | 40,200,000 | 2024-04-30 | 1 | USD |
ProfitLoss | -39,005,000 | 2015-03-31 | 76 | USD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations | 38,433,000 | 2026-06-30 | 68 | USD |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments | -35,640,000 | 2015-03-31 | 52 | USD |
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance | 34,281,000 | 2024-12-31 | 39 | USD |
CapitalizedCostsOilAndGasProducingActivitiesNet | 33,373,000 | 2015-12-31 | 11 | USD |
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease | 31,780,000 | 2022-03-31 | 73 | USD |
DueFromRelatedPartiesCurrent | 30,283,000 | 2015-03-31 | 32 | USD |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | -30,212,000 | 2026-06-30 | 147 | USD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect | -28,530,000 | 2026-06-30 | 76 | USD |
DeferredForeignIncomeTaxExpenseBenefit | -27,579,000 | 2025-12-31 | 70 | USD |
OperatingIncomeLoss | 27,457,000 | 2026-06-30 | 255 | USD |
AccretionOfDiscount | 27,312,000 | 2015-12-31 | 12 | USD |
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves | 27,141,000 | 2015-12-31 | 16 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows | 26,902,000 | 2015-12-31 | 6 | USD |
LeaseCost | 26,834,000 | 2025-12-31 | 57 | USD |
IncomeLossAttributableToParent | -26,569,000 | 2025-12-31 | 6 | USD |
NoncontrollingInterestIncreaseFromBusinessCombination | -26,200,000 | 2012-12-31 | 3 | USD |
PaymentsToMinorityShareholders | 26,200,000 | 2012-12-31 | 3 | USD |
ContractualObligationDueAfterFifthYear | 25,914,000 | 2014-12-31 | 3 | USD |
DeferredTaxAssetsNetNoncurrent | 25,903,000 | 2019-09-30 | 53 | USD |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested | 25,474,000 | 2026-06-30 | 4 | USD |
DeferredTaxAssetsOperatingLossCarryforwardsDomestic | 25,182,000 | 2021-12-31 | 13 | USD |
StockRepurchaseProgramAuthorizedAmount | 25,000,000 | 2013-06-30 | 2 | USD |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic | -24,853,000 | 2025-12-31 | 42 | USD |
PrepaidExpenseCurrent | 24,370,000 | 2025-12-31 | 6 | USD |
StockRepurchaseProgramAuthorizedAmount1 | 24,003,172 | 2023-02-28 | 1 | USD |
OilAndGasProductionExpense | 23,777,000 | 2018-06-30 | 95 | USD |
CostsIncurredDevelopmentCosts | 23,000,000 | 2019-09-30 | 7 | USD |
PrepaidExpenseAndOtherAssetsCurrent | 22,910,000 | 2026-06-30 | 91 | USD |
CapitalizedCostsProvedProperties | 22,500,000 | 2019-12-31 | 37 | USD |
ResultsOfOperationsExplorationExpense | 22,459,000 | 2026-06-30 | 71 | USD |
PaymentsToAcquirePropertyPlantAndEquipment | 22,317,000 | 2020-09-30 | 60 | USD |
OperatingLeaseRightOfUseAsset | 21,779,000 | 2026-06-30 | 56 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense | 21,598,000 | 2015-12-31 | 6 | USD |
UnprovedOilAndGasPropertySuccessfulEffortMethod | 21,476,000 | 2020-06-30 | 43 | USD |
AccountsReceivableNetCurrent | 21,465,000 | 2026-06-30 | 49 | USD |
IncomeTaxExpenseBenefit | 21,107,000 | 2026-06-30 | 200 | USD |
LineOfCreditFacilityCurrentBorrowingCapacity | 20,000,000 | 2016-09-30 | 18 | USD |
BusinessCombinationBargainPurchaseGainRecognizedAmount | 19,898,000 | 2024-06-30 | 16 | USD |
GeneralAndAdministrativeExpense | 19,470,000 | 2026-06-30 | 199 | USD |
TreasuryStockCommonShares | 19,128,959 | 2026-06-30 | 28 | shares |
LesseeOperatingLeaseLiabilityPaymentsDue | 18,863,000 | 2025-12-31 | 22 | USD |
FinanceLeaseLiabilityPaymentsDueAfterYearFive | 17,884,000 | 2025-12-31 | 7 | USD |
PurchaseCommitmentRemainingMinimumAmountCommitted | 17,700,000 | 2015-06-30 | 5 | USD |
ContractualObligation | 17,627,000 | 2020-12-31 | 8 | USD |
OperatingLeasesRentExpenseNet | 17,000,000 | 2018-12-31 | 4 | USD |
OperatingLeaseLiability | 16,927,000 | 2025-12-31 | 22 | USD |
IncreaseDecreaseInAccountsReceivable | -16,697,000 | 2026-06-30 | 137 | USD |
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths | 16,676,000 | 2025-12-31 | 10 | USD |
FinanceLeaseLiabilityUndiscountedExcessAmount | 16,289,000 | 2025-12-31 | 10 | USD |
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities | 16,071,000 | 2025-12-31 | 16 | USD |
ValuationAllowanceDeferredTaxAssetChangeInAmount | -15,800,000 | 2021-09-30 | 13 | USD |
IncreaseDecreaseInEstimatedFutureDevelopmentCosts | -15,604,000 | 2015-12-31 | 12 | USD |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 15,530,000 | 2015-09-30 | 33 | USD |
FinanceLeaseLiabilityPaymentsDueYearTwo | 15,216,000 | 2025-12-31 | 10 | USD |
LineOfCredit | 15,000,000 | 2015-12-31 | 6 | USD |
NotesPayableFairValueDisclosure | 15,000,000 | 2016-09-30 | 2 | USD |
ProceedsFromRepaymentsOfDebt | 15,000,000 | 2014-12-31 | 4 | USD |
IncomeTaxReconciliationTaxSettlementsForeign | 14,833,000 | 2024-12-31 | 39 | USD |
OperatingLeaseLiabilityNoncurrent | 14,631,000 | 2026-06-30 | 56 | USD |
IncreaseDecreaseInAccountsReceivableRelatedParties | 14,568,000 | 2015-03-31 | 36 | USD |
AccountsReceivableGrossNoncurrent | 13,900,000 | 2022-12-31 | 12 | USD |
ReceivablesNetCurrent | 13,828,000 | 2019-06-30 | 65 | USD |
FinanceLeaseRightOfUseAssetAmortization | 13,558,000 | 2025-12-31 | 4 | USD |
PaymentsOfDividends | 13,435,000 | 2026-06-30 | 39 | USD |
ExplorationExpense | 13,378,000 | 2026-06-30 | 102 | USD |
ResultsOfOperationsDryHoleCosts | 13,300,000 | 2014-12-31 | 11 | USD |
FinanceLeaseInterestPaymentOnLiability | 13,289,000 | 2025-12-31 | 20 | USD |
LoansPayableFairValueDisclosure | 13,100,000 | 2017-06-30 | 2 | USD |
FinanceLeaseLiabilityPaymentsDueYearFive | 12,568,000 | 2025-12-31 | 6 | USD |
AllowanceForDoubtfulAccountsReceivableRecoveries | 12,449,000 | 2023-12-31 | 3 | USD |
CommonStockValue | 12,432,000 | 2026-06-30 | 123 | USD |
FinanceLeaseLiabilityCurrent | 12,337,000 | 2026-06-30 | 35 | USD |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest | 12,176,000 | 2022-03-31 | 98 | USD |
OtherReceivables | 12,100,000 | 2022-09-30 | 3 | USD |
DerivativeFairValueOfDerivativeLiability | 11,889,000 | 2026-06-30 | 4 | USD |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable | -11,867,000 | 2026-06-30 | 39 | USD |
FinanceLeaseLiabilityPaymentsDueYearFour | 11,660,000 | 2025-12-31 | 8 | USD |
FinanceLeaseLiabilityPaymentsDueYearThree | 11,660,000 | 2025-12-31 | 10 | USD |
TreasuryStockShares | 11,629,823 | 2022-12-31 | 94 | shares |
RestrictedCashNoncurrent | 11,571,000 | 2018-12-31 | 3 | USD |
LiabilitiesFairValueDisclosure | 11,262,000 | 2026-06-30 | 60 | USD |
DerivativeLiabilities | 11,262,000 | 2026-06-30 | 16 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts | 11,159,000 | 2015-12-31 | 6 | USD |
DerivativeLiabilitiesCurrent | 10,739,000 | 2026-06-30 | 14 | USD |
ContractualObligationDueInNextTwelveMonths | 10,245,000 | 2020-12-31 | 6 | USD |
PropertyPlantAndEquipmentOther | 10,184,000 | 2020-06-30 | 75 | USD |
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative | 10,000,000 | 2015-12-31 | 8 | USD |
LossContingencyRangeOfPossibleLossMaximum | 10,000,000 | 2013-12-31 | 7 | USD |
RestrictedCashAndCashEquivalents | 10,000,000 | 2013-12-31 | 7 | USD |
SignificantCostsIncurredToAcquireMineralInterestOfProvedReserves | 10,000,000 | 2013-12-31 | 2 | USD |
ContractualObligationDueInThirdYear | 9,719,000 | 2016-12-31 | 5 | USD |
DeferredIncomeTaxExpenseBenefit | -9,537,000 | 2026-06-30 | 72 | USD |
RepaymentsOfDebt | 9,166,000 | 2018-09-30 | 4 | USD |
RepaymentsOfLongTermDebt | 9,166,000 | 2018-12-31 | 10 | USD |
CapitalizedExploratoryWellCosts | 8,900,000 | 2014-12-31 | 9 | USD |
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodGreaterThanOneYear | 8,900,000 | 2014-12-31 | 8 | USD |
OtherExpenses | 8,853,000 | 2016-12-31 | 1 | USD |
OtherGeneralExpense | 8,853,000 | 2016-12-31 | 13 | USD |
CapitalizedCostsAssetRetirementCosts | 8,700,000 | 2015-12-31 | 11 | USD |
OtherAssetsNoncurrent | 8,593,000 | 2026-06-30 | 38 | USD |
ContractualObligationDueInFifthYear | 8,469,000 | 2015-12-31 | 4 | USD |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability | 8,058,000 | 2026-06-30 | 26 | USD |
ValueAddedTaxReceivableNoncurrent | 8,056,000 | 2026-06-30 | 87 | USD |
IncreaseDecreaseInAccruedLiabilities | 7,954,000 | 2026-06-30 | 97 | USD |
OtherAssetsFairValueDisclosure | 7,700,000 | 2012-09-30 | 1 | USD |
TaxesPayableCurrent | 7,650,000 | 2026-06-30 | 65 | USD |
CapitalExpendituresIncurredButNotYetPaid | 7,614,000 | 2026-06-30 | 137 | USD |
ContractualObligationDueInSecondYear | 7,382,000 | 2020-12-31 | 6 | USD |
ConstructionInProgressGross | 7,378,000 | 2019-12-31 | 48 | USD |
OilAndGasJointInterestBillingReceivablesCurrent | 7,302,000 | 2026-06-30 | 89 | USD |
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther | -7,218,000 | 2015-12-31 | 12 | USD |
ContractualObligationDueInFourthYear | 7,029,000 | 2016-12-31 | 5 | USD |
OperatingLeaseLiabilityCurrent | 6,987,000 | 2026-06-30 | 56 | USD |
AccountsPayableOtherCurrent | 6,700,000 | 2022-09-30 | 1 | USD |
DividendsCommonStockCash | 6,690,000 | 2026-06-30 | 24 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths | 6,646,000 | 2025-12-31 | 16 | USD |
OperatingLeaseExpense | 6,614,000 | 2022-03-31 | 34 | USD |
DividendsCommonStock | 6,605,000 | 2024-09-30 | 6 | USD |
Dividends | 6,579,000 | 2024-06-30 | 27 | USD |
OperatingLeasePayments | 6,531,000 | 2025-12-31 | 35 | USD |
OtherOperatingIncome | 6,503,000 | 2009-12-31 | 1 | USD |
AssetRetirementObligationAccretionExpense | 6,364,000 | 2025-12-31 | 71 | USD |
FinanceLeasePrincipalPayments | 6,211,000 | 2026-06-30 | 38 | USD |
EmployeeRelatedLiabilitiesCurrent | 6,142,000 | 2026-06-30 | 56 | USD |
OtherPrepaidExpenseCurrent | 6,110,000 | 2025-12-31 | 9 | USD |
OtherAccruedLiabilitiesCurrent | 6,100,000 | 2022-09-30 | 3 | USD |
OtherAssetsCurrent | 6,089,000 | 2015-03-31 | 32 | USD |
AllocatedShareBasedCompensationExpense | 5,954,000 | 2025-12-31 | 65 | USD |
CapitalizedExploratoryWellCostAdditionsPendingDeterminationOfProvedReserves | 5,900,000 | 2012-12-31 | 1 | USD |
CapitalizedExploratoryWellCostsThatHaveBeenCapitalizedForPeriodOfOneYearOrLess | 5,900,000 | 2012-12-31 | 3 | USD |
PrepaidExpenseAndOtherAssets | 5,854,000 | 2015-03-31 | 32 | USD |
LongTermDebtCurrent | 5,833,000 | 2018-03-31 | 16 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber | 5,720,000 | 2015-03-31 | 5 | shares |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders | 5,595,000 | 2012-12-31 | 22 | USD |
PaymentsOfDividendsMinorityInterest | 5,595,000 | 2012-12-31 | 22 | USD |
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate | -5,580,000 | 2025-12-31 | 40 | USD |
FinanceLeaseInterestExpense | 5,449,000 | 2025-12-31 | 3 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo | 5,431,000 | 2025-12-31 | 22 | USD |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition | 5,336,000 | 2022-12-31 | 3 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearThree | 5,202,000 | 2025-12-31 | 19 | USD |
CostsIncurredAssetRetirementObligationIncurred | 5,200,000 | 2014-12-31 | 7 | USD |
OtherSundryLiabilitiesCurrent | 5,130,000 | 2026-06-30 | 34 | USD |
EnergyRelatedInventoryPetroleum | 5,106,000 | 2026-06-30 | 91 | USD |
EnvironmentalExitCostsAnticipatedCost | 5,100,000 | 2015-12-31 | 2 | USD |
StockRepurchasedDuringPeriodValue | 5,023,000 | 2023-06-30 | 3 | USD |
OperatingLeaseCost | 5,018,000 | 2025-12-31 | 57 | USD |
BusinessCombinationContingentConsiderationLiability | 5,000,000 | 2021-03-31 | 1 | USD |
LossContingencyRangeOfPossibleLossMinimum | 5,000,000 | 2013-12-31 | 7 | USD |
OperatingLeasesFutureMinimumPaymentsDue | 4,894,000 | 2016-12-31 | 5 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber | 4,853,000 | 2014-09-30 | 3 | shares |
DueToRelatedPartiesCurrent | 4,812,000 | 2015-03-31 | 2 | USD |
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized | 4,800,000 | 2015-03-31 | 12 | USD |
IncomeTaxReconciliationOtherAdjustments | 4,743,000 | 2024-12-31 | 26 | USD |
NetIncomeLossAttributableToNoncontrollingInterest | 4,708,000 | 2012-12-31 | 42 | USD |
InterestIncomeExpenseNonoperatingNet | -4,449,000 | 2026-06-30 | 54 | USD |
InvestmentIncomeNet | -4,449,000 | 2026-06-30 | 84 | USD |
LossContingencyEstimateOfPossibleLoss | 4,400,000 | 2019-07-31 | 1 | USD |
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | 4,210,000 | 2026-06-30 | 186 | shares |
ContributionOfProperty | 4,197,000 | 2018-09-30 | 1 | USD |
FairValueOfAssetsAcquired | 4,197,000 | 2018-12-31 | 1 | USD |
ProceedsFromIssuanceOfLongTermDebt | 4,167,000 | 2017-03-31 | 3 | USD |
ProceedsFromShortTermDebt | 4,167,000 | 2017-12-31 | 8 | USD |
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits | 4,012,000 | 2013-12-31 | 4 | USD |
DeferredTaxAssetsOther | 3,846,000 | 2025-12-31 | 27 | USD |
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding | 3,757,000 | 2019-03-31 | 1 | USD |
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear | 3,632,000 | 2023-09-30 | 3 | USD |
LongLivedAssetsToBeAbandonedCarryingValueOfAsset | 3,537,000 | 2014-12-31 | 1 | USD |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax | -3,522,000 | 2024-06-30 | 22 | USD |
AllowanceForDoubtfulAccountsReceivable | 3,496,000 | 2026-06-30 | 179 | USD |
IncreaseDecreaseInAccountsPayable | -3,479,000 | 2026-06-30 | 97 | USD |
IncreaseDecreaseInInventories | 3,331,000 | 2026-06-30 | 101 | USD |
OperatingLeasesFutureMinimumPaymentsDueCurrent | 3,112,000 | 2016-12-31 | 5 | USD |
AllowanceForDoubtfulAccountsReceivableCurrent | 3,100,000 | 2026-06-30 | 96 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber | 3,071,000 | 2020-09-30 | 68 | shares |
MinorityInterest | 3,056,000 | 2012-09-30 | 13 | USD |
PaymentsToAcquireProductiveAssets | 3,000,000 | 2025-03-31 | 1 | USD |
DerivativeFairValueOfDerivativeAsset | 2,962,000 | 2026-06-30 | 4 | USD |
PaymentsForProceedsFromOtherInvestingActivities | 2,939,000 | 2016-12-31 | 8 | USD |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 2,896,000 | 2026-06-30 | 137 | USD |
IncomeTaxesPaid | 2,720,000 | 2018-12-31 | 73 | USD |
EmployeeBenefitsAndShareBasedCompensation | 2,600,000 | 2012-11-01 | 1 | USD |
AccountsPayableAndOtherAccruedLiabilitiesCurrent | 2,407,000 | 2022-03-31 | 22 | USD |
InventoryWriteDown | 2,400,000 | 2025-12-31 | 5 | USD |
LeaseOperatingExpense | 2,400,000 | 2017-12-31 | 18 | USD |
ProceedsFromDerivativeInstrumentFinancingActivities | 2,400,000 | 2019-12-31 | 5 | USD |
IncomeTaxReconciliationForeignIncomeTaxRateDifferential | 2,394,000 | 2016-12-31 | 11 | USD |
IncomeTaxReconciliationTaxCreditsForeign | -2,394,000 | 2017-12-31 | 7 | USD |
OtherOperatingIncomeExpenseNet | -2,391,000 | 2025-12-31 | 131 | USD |
IncreaseDecreaseInAccruedTaxesPayable | -2,386,000 | 2020-06-30 | 18 | USD |
AssetsFairValueDisclosure | 2,335,000 | 2026-06-30 | 40 | USD |
DerivativeAssets | 2,335,000 | 2026-06-30 | 28 | USD |
DerivativeAssetsCurrent | 2,335,000 | 2026-06-30 | 3 | USD |
OtherNonoperatingExpense | 2,306,000 | 2023-12-31 | 2 | USD |
EmployeeRelatedLiabilitiesCurrentAndNoncurrent | 2,300,000 | 2011-12-31 | 1 | USD |
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease | 2,188,000 | 2014-12-31 | 10 | USD |
PaymentsOfFinancingCosts | 2,180,000 | 2026-06-30 | 34 | USD |
DerivativeAssetsLiabilitiesAtFairValueNet | 2,100,000 | 2018-09-30 | 2 | USD |
RepaymentsOfShortTermDebt | 2,083,000 | 2018-03-31 | 4 | USD |
PaymentsForRepurchaseOfCommonStock | 1,985,000 | 2026-06-30 | 88 | USD |
TreasuryStockValueAcquiredCostMethod | 1,985,000 | 2026-06-30 | 119 | USD |
VariableLeaseCost | 1,964,000 | 2025-12-31 | 57 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber | 1,960,000 | 2020-09-30 | 18 | shares |
DeferredFederalIncomeTaxExpenseBenefit | -1,940,000 | 2025-12-31 | 76 | USD |
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount | 1,936,000 | 2025-12-31 | 22 | USD |
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount | 1,800,000 | 2025-06-30 | 1 | USD |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign | -1,716,000 | 2025-12-31 | 42 | USD |
DistributionMadeToMemberOrLimitedPartnerCashDistributionsDeclared | 1,698,000 | 2011-06-30 | 2 | USD |
InventoryCrudeOilProductsAndMerchandise | 1,692,000 | 2015-03-31 | 32 | USD |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue | 1,661,000 | 2026-06-30 | 127 | USD |
RestrictedCashAndCashEquivalentsNoncurrent | 1,659,000 | 2026-06-30 | 106 | USD |
AllowanceForDoubtfulAccountsReceivableChargeOffs | 1,621,000 | 2012-12-31 | 2 | USD |
OtherReceivablesNetCurrent | 1,603,000 | 2026-06-30 | 91 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue | 1,600,000 | 2014-12-31 | 7 | USD |
DeferredFinanceCostsNoncurrentNet | 1,552,000 | 2016-03-31 | 17 | USD |
DeferredCompensationLiabilityCurrent | 1,422,000 | 2022-03-31 | 28 | USD |
OtherNonoperatingIncomeExpense | -1,359,000 | 2026-06-30 | 199 | USD |
StockIssuedDuringPeriodValueShareBasedCompensation | 1,352,000 | 2012-03-31 | 9 | USD |
BusinessCombinationAcquisitionRelatedCosts | 1,313,000 | 2024-03-31 | 2 | USD |
PaymentsForOtherTaxes | 1,300,000 | 2019-01-31 | 4 | USD |
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear | 1,257,000 | 2023-09-30 | 13 | USD |
GainLossOnDispositionOfAssets1 | -1,202,000 | 2026-06-30 | 6 | USD |
IncreaseDecreaseInOtherNoncurrentAssets | -1,161,000 | 2025-12-31 | 47 | USD |
TreasuryStockSharesAcquired | 1,160,976 | 2023-06-30 | 20 | shares |
RoyaltyExpense | 1,137,000 | 2022-12-31 | 45 | USD |
LongTermDebtNoncurrent | 1,119,000 | 2018-03-31 | 31 | USD |
ValueAddedTaxReceivable | 1,100,000 | 2025-12-31 | 14 | USD |
StockIssuedDuringPeriodValueNewIssues | 1,067,000 | 2015-09-30 | 33 | USD |
OperatingLeasesFutureMinimumPaymentsDueInTwoYears | 1,035,000 | 2016-12-31 | 5 | USD |
SalesAndExciseTaxPayableCurrent | 1,000,000 | 2017-09-30 | 1 | USD |
IncomeTaxReconciliationTaxSettlementsOther | 973,000 | 2013-12-31 | 3 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearFour | 958,000 | 2025-12-31 | 12 | USD |
DerivativeNonmonetaryNotionalAmountVolume | 954,000 | 2022-03-31 | 14 | bbl |
IncomeTaxReconciliationNondeductibleExpense | 932,000 | 2024-12-31 | 33 | USD |
InventoryAdjustments | 900,000 | 2020-12-31 | 2 | USD |
WriteOffOfDeferredDebtIssuanceCost | 869,000 | 2016-12-31 | 9 | USD |
AmortizationOfFinancingCosts | 851,000 | 2026-06-30 | 52 | USD |
ShortTermLeaseCost | 845,000 | 2025-12-31 | 56 | USD |
ProvisionForDoubtfulAccounts | 844,000 | 2026-06-30 | 166 | USD |
CashAndCashEquivalentsPeriodIncreaseDecrease | -805,000 | 2017-12-31 | 61 | USD |
EscrowDeposit | 800,000 | 2014-12-31 | 6 | USD |
InterestPaidCapitalized | 800,000 | 2015-12-31 | 18 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid | 800,000 | 2022-09-30 | 30 | USD |
PaymentsForLegalSettlements | 775,000 | 2016-04-20 | 2 | USD |
InterestIncomeExpenseNet | 733,000 | 2019-12-31 | 63 | USD |
InvestmentIncomeNonoperating | 733,000 | 2019-12-31 | 16 | USD |
ForeignCurrencyTransactionGainLossBeforeTax | -700,000 | 2025-12-31 | 63 | USD |
PaymentsForDerivativeInstrumentFinancingActivities | 700,000 | 2018-12-31 | 1 | USD |
PrepaidInsurance | 650,000 | 2024-12-31 | 8 | USD |
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic | 632,000 | 2023-12-31 | 58 | USD |
DerivativeAssetFairValueGrossLiability | 627,000 | 2026-06-30 | 4 | USD |
DerivativeLiabilityFairValueGrossAsset | 627,000 | 2026-06-30 | 4 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearFive | 626,000 | 2025-12-31 | 6 | USD |
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease | 600,000 | 2016-09-30 | 9 | USD |
LitigationReserve | 550,000 | 2015-12-31 | 1 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross | 549,495 | 2024-06-30 | 56 | shares |
IncomeTaxExaminationPenaltiesAccrued | 500,000 | 2017-12-31 | 2 | USD |
PreferredStockSharesAuthorized | 500,000 | 2026-06-30 | 85 | shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue | 500,000 | 2024-12-31 | 25 | USD |
OtherComprehensiveIncomeLossNetOfTax | -500,000 | 2025-12-31 | 12 | USD |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent | 498,000 | 2026-03-31 | 45 | USD |
SellingExpense | 498,000 | 2023-06-30 | 3 | USD |
InterestPaid | 489,000 | 2016-03-31 | 4 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod | 488,115 | 2016-09-30 | 5 | shares |
SharesPaidForTaxWithholdingForShareBasedCompensation | 464,671 | 2021-12-31 | 24 | shares |
PensionAndOtherPostretirementBenefitExpense | 464,000 | 2014-12-31 | 9 | USD |
DerivativeAssetsNoncurrent | 442,000 | 2026-03-31 | 2 | USD |
ForeignCurrencyTransactionGainLossUnrealized | -432,000 | 2026-06-30 | 132 | USD |
AssetRetirementObligationRevisionOfEstimate | 427,000 | 2025-12-31 | 58 | USD |
OperatingLeasesFutureMinimumPaymentsDueInThreeYears | 407,000 | 2016-12-31 | 5 | USD |
AllowanceForDoubtfulOtherReceivablesCurrent | 400,000 | 2026-06-30 | 25 | USD |
DefinedContributionPlanCostRecognized | 400,000 | 2022-12-31 | 24 | USD |
FairValueLiabilitiesMeasuredOnRecurringBasisObligations | 400,000 | 2019-12-31 | 6 | USD |
GainLossOnSaleOfOilAndGasProperty | 398,000 | 2015-09-30 | 3 | USD |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod | 357,145 | 2016-09-30 | 4 | shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod | 347,000 | 2020-09-30 | 7 | shares |
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesDiluted | 344,000 | 2026-06-30 | 62 | USD |
AssetRetirementObligationForeignCurrencyTranslationGainLoss | -342,000 | 2025-12-31 | 11 | USD |
OperatingLeasesFutureMinimumPaymentsDueInFiveYears | 340,000 | 2015-12-31 | 4 | USD |
OperatingLeasesFutureMinimumPaymentsDueInFourYears | 340,000 | 2016-12-31 | 5 | USD |
OperatingLeasesFutureMinimumPaymentsDueThereafter | 340,000 | 2014-12-31 | 3 | USD |
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax | 337,000 | 2019-12-31 | 21 | USD |
GainLossOnSaleOfProperty | 300,000 | 2017-12-31 | 4 | USD |
PrepaidRoyalties | 285,000 | 2025-12-31 | 7 | USD |
DeferredCompensationShareBasedArrangementsLiabilityCurrent | 266,000 | 2023-09-30 | 34 | USD |
StockIssuedDuringPeriodSharesStockOptionsExercised | 260,000 | 2019-12-31 | 32 | shares |
InterestExpenseLongTermDebt | 257,000 | 2018-12-31 | 51 | USD |
ProceedsFromSaleOfOilAndGasPropertyAndEquipment | 250,000 | 2017-12-31 | 19 | USD |
BusinessAcquisitionsProFormaRevenue | 248,458 | 2024-06-30 | 1 | USD |
TreasuryStockReissuedAtLowerThanRepurchasePrice | 247,000 | 2019-06-30 | 3 | USD |
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows | -239,000 | 2015-12-31 | 6 | USD |
AssetRetirementObligationLiabilitiesSettled | 225,000 | 2025-12-31 | 24 | USD |
AssetRetirementObligationCashPaidToSettle | 225,000 | 2025-12-31 | 26 | USD |
IncreaseDecreaseInFuelInventories | 213,000 | 2015-03-31 | 36 | USD |
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares | 209,451 | 2016-09-30 | 2 | shares |
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber | 167,868 | 2014-09-30 | 4 | shares |
What to be careful about
What this model itself distrusts about EGY's figures. Written by the derivation as it ran, not added afterwards.
- operating income is annual, not TTM
- no current capital expenditure tagged (last tagged 2023-12-31); treated as zero, so free cash flow is overstated and equals operating cash flow
- there is no operating profit to value; valuation rests on EV/revenue (2.4x) instead
- analyst estimate not used: trailing EPS is not positive, so a growth rate would be meaningless
- durability DROPPED from the total: only 2 of 4 inputs could be computed (contracted coverage, gross margin stability not tagged), so the score is not meaningful. Its weight is spread over the other dimensions