Africa Oil Corp.

AOI

CA00829Q1019

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
2.33 ^CAD	-1.69%		-5.67%	-6.43%

Apr. 22	Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	MT
Apr. 15	Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	MT

Africa Oil: Q1 Earnings Snapshot

May 12, 2022 at 06:49 pm EDT

VANCOUVER, British Columbia (AP) _ Africa Oil Corp. (AOIFF) on Thursday reported first-quarter net income of $45.6 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 9 cents.

In the final minutes of trading on Thursday, the company's shares hit $1.87. A year ago, they were trading at $1.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOIFF at https://www.zacks.com/ap/AOIFF

Latest news about Africa Oil Corp.

Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	Apr. 22	MT
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	Apr. 15	MT
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	Mar. 25	MT
Africa Oil Offers To Buy Up To 8% Of Impact Oil and Gas From Minority Shareholders; Announces Results Of Share Buyback Program	Mar. 18	MT
Africa Oil Brief: Earlier Monday Announced Offer To Minority Shareholders In Impact Oil and Gas; Also Announced Results of Share Buyback Program	Mar. 18	MT
Africa Oil Buys Minority Stake in Impact Oil and Gas	Mar. 18	MT
Africa Oil Corp. made an offer to acquire additional 8% stake in Impact Oil and Gas Limited for $64 million.	Mar. 17	CI
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	Mar. 11	MT
Audioboom extends partnerships; Ecora eyes growth	Mar. 06	AN
CAC40: modest rise, driven by Legrand and Renault	Mar. 06	CF
Africa Oil Up 3% As Reaches Farm Down Agreement For Orange Basin Block 3B/4B; Involves Eco (Atlantic) Oil and Gas	Mar. 06	MT
CAC40: tests 7.960, E-Stoxx50 at its zenith, oil tests $84	Mar. 06	CF
CAC40: back to 7,960, gold sets a new record at $2,144	Mar. 06	CF
Africa Oil Reaches Farm Down Agreement For Orange Basin Block 3B/4B; Involves Eco (Atlantic) Oil and Gas	Mar. 06	MT
CAC40: erases previous day's losses, tops 7950 pts	Mar. 06	CF
TotalEnergies, QatarEnergy to Acquire Interests in South African Offshore Block	Mar. 06	MT
TotalEnergies acquires interests in a block in South Africa	Mar. 06	CF
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	Mar. 04	MT
Africa Oil Loses 10% As Narrows Q4'23 Net Loss YOY; Separately Posts Year-End 2023 Statement of Reserves	Feb. 27	MT
Transcript : Africa Oil Corp., Q4 2023 Earnings Call, Feb 27, 2024	Feb. 27
Africa Oil Narrows Q4'23 Net Loss YOY; Separately Posts Year-End 2023 Statement of Reserves	Feb. 27	MT
Tranche Update on Africa Oil Corp.'s Equity Buyback Plan announced on December 4, 2023.	Feb. 26	CI
Africa Oil Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Africa Oil Corp. Announces Production Results for the Fourth Quarter and Full Year 2023	Feb. 26	CI
Africa Oil Corp. Provides Production Guidance for the Full Year 2024	Feb. 26	CI

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria and an exploration/appraisal portfolio in west and south of Africa, as well as Guyana. The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime), Impact Oil and Gas Ltd (Impact), Africa Energy Corp (Africa Energy) and Eco (Atlantic) Oil & Gas Ltd. (Eco). Prime is a Nigeria-focused company with interests in OML 127 and OML 130 that account for all of the Company's reserves and production. Eco is an oil and gas exploration company with interests in Guyana, Namibia and South Africa. Impact has interests in Namibia and South Africa.

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Income Statement Evolution

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Ratings for Africa Oil Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.698 USD

Average target price

2.346 USD

Spread / Average Target

+38.14%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

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AFRICA OIL CORP.	-6.43%	771M
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WOODSIDE ENERGY GROUP LTD	-8.02%	35.2B

Other Oil & Gas Exploration and Production

Africa Oil Corp.

Equities

AOI

CA00829Q1019

Oil & Gas Exploration and Production

Africa Oil: Q1 Earnings Snapshot

Latest news about Africa Oil Corp.

Chart Africa Oil Corp.

Company Profile

Income Statement Evolution

Ratings for Africa Oil Corp.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Oil & Gas Exploration and Production