Meren Energy Inc. (AOIFF)
| Market Cap | 929.53M |
| Revenue (ttm) | 76.40M |
| Net Income (ttm) | -231.70M |
| Shares Out | n/a |
| EPS (ttm) | -0.51 |
| PE Ratio | n/a |
| Forward PE | 10.03 |
| Dividend | 0.10 (7.24%) |
| Ex-Dividend Date | May 26, 2025 |
| Volume | 34,377 |
| Average Volume | 113,735 |
| Open | 1.390 |
| Previous Close | 1.370 |
| Day's Range | 1.370 - 1.400 |
| 52-Week Range | 1.130 - 1.910 |
| Beta | 0.84 |
| RSI | 60.09 |
| Earnings Date | Aug 13, 2025 |
About Meren Energy
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1993 and is based in Vancouver, Canada. [Read more]
Financial Performance
Financial StatementsNews
Africa Oil Corp. (AOIFF) Q1 2025 Earnings Call Transcript
Africa Oil Corp. 2025 Q1 - Results - Earnings Call Presentation
Meren: A Sustainable 20% FCF Yield And 11% Dividend
Africa Oil reports strong Q1 2025 results with reduced debt & high dividends. Nigerian operations shine, Venus exploration offers future promise.
Africa Oil Corp. Starts Its Double-Digit Dividend
Africa Oil Corp.'s merger with BTG Group has doubled its production and cash flow, issuing only 35.5% of new shares. The company has declared its first dividend at nearly 10%, with a $100 million annu...
Africa Oil Corp bullish on Nigeria growth, Namibia long game
Canada's Africa Oil Corporation will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive s...
Africa Oil Corp.'s Earnings Spell Opportunity
Africa Oil Corp.'s 4Q 2024 earnings justify its $600 million market cap, with strong 2025 prospects for shareholder returns despite production issues. The merger with BTG Oil & Gas will double FCF, en...
Africa Oil Corp. (AOIFF) Q4 2024 Earnings Call Transcript
Africa Oil Corp. (OTCPK:AOIFF) Q4 2024 Earnings Call February 28, 2025 9:00 AM ET Company Participants Shahin Amini - Investor Relations Manager Roger Tucker - President and Chief Executive Officer Pa...
Our Top Oil Pick For 2025 Is Buying Back Shares
Africa Oil Corporation's share repurchase program aims to reduce outstanding shares by 6% annually, enhancing shareholder value alongside a robust dividend policy. The company is expanding through str...
Africa Oil's Q3 2024: A Strong Quarter Signals Impending Share Price Recovery
Africa Oil's Q3 2024 net loss of US$289.2 million was due to a non-cash impairment; adjusted net income was US$25.3 million, with strong EBITDAX and free cash flow. Production increased by 13.3% in Q3...
Africa Oil Corp.: Strategic Acquisition Driving High-Yield Potential
Africa Oil Corp.'s acquisition of Prime Oil and Gas will double FCF and provide substantial shareholder returns, with a combined market cap of $875 million. AOIFF has a strong portfolio, including a 3...
Africa Oil Corp. (AOIFF) Q3 2024 Earnings Call Transcript
Africa Oil Corp. (OTCPK:AOIFF) Q3 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Shahin Amini - Investor Relations Manager Roger Tucker - President and Chief Executive...
Africa Oil: A Strong Buy With Positive News Flows And De-Risked 11.6% Dividend Yield
The completion of the farm-down of Impact's interest in Namibian blocks 2912/2913B cleared the path for Africa Oil to complete its consolidation of Prime Oil & Gas in Nigeria. Owning 100% of Prime wil...
Africa Oil: Simplifying The Balance Sheet While Reducing Cash Needs
Africa Oil should grow tremendously over the coming 10 years. Africa Oil consolidates Prime Oil & Gas ownership. The second quarter results show an interruption in production due to the drilling campa...
Africa Oil Corp., Buy The Dip
Africa Oil Corp., with a market cap under $700 million, has a strong cash flow and asset portfolio, making it a solid long-term investment. The company has spent over $50 million on dividends and buyb...
Africa Oil Corp. (AOIFF) Q2 2024 Earnings Call Transcript
Africa Oil Corp. (AOIFF) Q2 2024 Earnings Call Transcript
Africa Oil Corporation Plans To Bump Its Yield Past 8%
Africa Oil Corporation has a single producing asset in Prime Oil and Gas, which is being consolidated to enable strong shareholder returns. The company has revamped its strategy to focus on growth pot...
Africa Oil Corporation: Buy The Punished Small Cap
Africa Oil Corporation has been punished by the market as a small cap oil company as prices have dropped. The company has incredibly strong cash flow with the potential for additional developments in ...
Africa Oil Corp. (AOIFF) Q1 2024 Earnings Call Transcript
Africa Oil Corp. (OTCPK:AOIFF) Q1 2024 Earnings Conference Call May 16, 2024 9:00 AM ET Company Participants Shahin Amini - IR Manager Roger Tucker - President and CEO Pascal Nicodeme - CFO Oliver Qui...
Africa Oil Corp.: Recent Strength Is Just The Start
Africa Oil Corp. has been aggressively repurchasing shares, indicating strong shareholder returns. The company's renewal of OML 130 and development of world-class assets like Venus contribute to its s...
Africa Oil: Strategic Farmout Of Impact Is One Catalyst Among Many
Africa Oil Corp. owns a significant stake in Impact Oil and Gas, which has interests in legendary oil blocks in Africa. The farmout transaction has reduced Africa Oil's average interest but has accele...
Africa Oil: The Impact On Impact
Africa Oil subsidiary, Impact, sold a portion of its interest in Venus discovery to eliminate the Venus discovery's financing needs. TotalEnergies agrees to carry Impact to first commercial production...
Africa Oil Corporation Is Repurchasing Its Stock, You Should To
Africa Oil Corporation has a strong portfolio of assets and is debt-free with a cash balance of over $200 million. The company's core oil assets have a strong outlook, and it is part of the largest oi...
Africa Oil Corp. (AOIFF) Q3 2023 Earnings Call Transcript
Africa Oil Corp. (OTCPK:AOIFF) Q3 2023 Earnings Conference Call November 16, 2023 9:00 AM ET Company Participants Shahin Amini - IR and Commercial Manager Roger Tucker - President and CEO Pascal Nicod...
Africa Oil: Invest In The 8th Largest Discovery Of The 21st Century
Africa Oil owns a 6% stake in the Venus discovery, the 8th largest discovery made in the 21st century. TotalEnergies is the largest investor and operator of Venus. Total calls Venus "Golden Block". T...
Africa Oil Corp.'s Promising Future
Africa Oil Corp. has cleaned up its positioning and has the potential to generate substantial shareholder returns. The company had strong financial results for the quarter, with a strong cash position...