Africa Oil Corp. (TSX: AOI)

Canada flag Canada · Delayed Price · Currency is CAD
2.390
+0.030 (1.27%)
May 17, 2024, 4:00 PM EDT
-6.64%
Market Cap 1.10B
Revenue (ttm) n/a
Net Income (ttm) 93.55M
Shares Out 459.41M
EPS (ttm) 0.20
PE Ratio 12.58
Forward PE 6.86
Dividend 0.07 (2.84%)
Ex-Dividend Date Mar 7, 2024
Volume 383,019
Open 2.400
Previous Close 2.360
Day's Range 2.350 - 2.420
52-Week Range 1.940 - 3.340
Beta 1.35
Analysts n/a
Price Target 3.77 (+57.74%)
Earnings Date Aug 12, 2024

About Africa Oil

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa, Ethiopia, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007.... [Read more]

Sector Energy
CEO Dr. Roger Morris Tucker
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol AOI
Full Company Profile

Financial Performance

Financial numbers in USD Financial Statements

News

Africa Oil GAAP EPS of $0.01

4 days ago - Seeking Alpha

AFRICA OIL ANNOUNCES FIRST QUARTER 2024 RESULTS

VANCOUVER, BC , May 15, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce its financial and operating results for the thr...

4 days ago - Benzinga

TotalEnergies, QatarEnergy team up for new South Africa exploration block

TotalEnergies and QatarEnergy signed a farm-in agreement with Africa Oil Corporation, Ricocure, and Eco Atlantic Oil & Gas to acquire participating interests in Block 3B/4B, offshore South Africa, bot...

2 months ago - Middle East Monitor

AFRICA OIL ANNOUNCES DECLARATION OF DIVIDEND DISTRIBUTION AND THE DATE OF ITS AGM MEETING

VANCOUVER, BC , March 4, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce that its Board of Directors has declared the distri...

2 months ago - Benzinga

Eco Atlantic excited about opportunities in South Africa, Namibia and Guyana

Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) chief executive Gil Holzman told investors the explorer has exciting opportunities for each of its assets, as the company reported on what it describe...

2 months ago - Proactive Investors

Africa Oil reports profit for 2023 driven by Prime investment

Africa Oil Corp (TSX:AOI) swung to a profit for the full year 2023 driven by income from its joint venture Prime Oil & Gas Coöperatief U.A. For the year ended December 31, 2023, Africa Oil posted a pr...

2 months ago - Proactive Investors

Africa Oil GAAP EPS of -$0.19

2 months ago - Seeking Alpha

AFRICA OIL ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS

VANCOUVER, BC , Feb. 26, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce its operating and consolidated financial resu...

2 months ago - Benzinga

African Oil undergoes new round of share buybacks

Africa Oil Corp (TSX:AOI) revealed it repurchased more than 326,000 shares between February 5 and 9, as part of a buyback programme it launched in early December. As part of the buyback, the oil compa...

3 months ago - Proactive Investors

Africa Oil boosted as Total strikes latest new discovery in Namibia

Africa Oil Corp (TSX:AOI) has exposure to what chief executive Roger Tucker described as “a new fairway opportunity” amid TotalEnergies discovery in the Mangetti-1X well, offshore Namibia. The Canadia...

3 months ago - Proactive Investors

Africa Oil ups stake in South Africa venture as deal completes

Africa Oil Corp (TSX:AOI) has confirmed it has now completed its transaction with exploration partner Eco (Atlantic) Oil & Gas, to acquire an additional stake in the Block 3B / 4B asset in the Orange ...

4 months ago - Proactive Investors

Africa Oil gets final approval to increase stake in Orange Basin Block 3b/4b

Africa Oil receives final approval to increase its interest in Block 3B/4B in the Orange Basin, with total unrisked gross P50 prospective resources of...

4 months ago - Seeking Alpha

AFRICA OIL ANNOUNCES FINAL APPROVAL FOR AN INCREASE OF ITS INTEREST IN THE ORANGE BASIN BLOCK 3B/4B

VANCOUVER, BC , Jan. 22, 2024 /CNW/ - (TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ( "Africa Oil", or the "Company") is pleased to announce that it has received the final approval from the G...

4 months ago - Benzinga

Africa Oil: Strategic Farmout Of Impact Is One Catalyst Among Many

Africa Oil (AOIFF) owns a significant stake in Impact Oil and Gas. Check out what makes the stock a long-term investment.

4 months ago - Seeking Alpha

TotalEnergies Ups Stake in Namibia Oil As Discoveries Line Up

Offshore oil drilling in Namibia was boosted on Wednesday with French TotalEnergies move to increase its stake in the Venus discovery and the announcement of another discovery of light oil near Venus ...

4 months ago - OilPrice com

Africa Oil Corp boosted as Total ups stake in Namibian oil discovery

Africa Oil Corp (TSX:AOI) Namibia interests have received a major boost as Impact Oil and Gas, a company part-owned by AOC, agreed to sell a stake in the Venus discovery to its partner TotalEnergies. ...

4 months ago - Proactive Investors

2023 International Exploration Review and 2024 HIW Outlook

2023 International Exploration Review With the year not yet complete, any overview of global (excluding North America L48) exploration success for 2023 will be subject to change. However, with access ...

5 months ago - S&P Global Platts

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. Read more about AOIFF stock here.

5 months ago - Seeking Alpha

Africa Oil announces normal course issuer bid to buy back up to 38.7 million shares

Africa Oil Corp (TSX:AOI) told investors that the Toronto Stock Exchange (TSX) has approved its normal course issuer bid (NCIB) to buy back up to 38,654,702 shares, or 10% of its public float. In a st...

5 months ago - Proactive Investors

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 ETCompany ParticipantsShahin Amini - IR and Commercial...

6 months ago - Seeking Alpha

Africa Oil Corp. 2023 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Africa Oil Corp.

6 months ago - Seeking Alpha

Africa Oil advances offshore assets in Namibia and Nigeria during 3Q

Africa Oil Corp (TSX:AOI) announced that it achieved notable milestones at its two main assets offshore Namibia and Nigeria during the third quarter. “The Venus-1X testing program achieved positive fl...

6 months ago - Proactive Investors

Africa Oil GAAP EPS of $0.10; FY23 outlook confirmed

Africa Oil press release (AOIFF): Q3 GAAP EPS of $0.10. Q3 2023 average daily WI production rate of 20,300 boepd was approximately 4% higher than Q2 2023 averag

6 months ago - Seeking Alpha