Africa Oil Corp.

Equities

AOI

CA00829Q1019

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 01:30:00 15/06/2024 am IST			5-day change	1st Jan Change
2.32 ^CAD	-2.52%		-5.69%	-6.83%

10/06	Africa Oil Buys Almost 1 Million Shares in Buyback Program	MT
03/06	Africa Oil Brief: Announced Earlier Monday Results of Share Buyback Program and Provided Share Capital and Voting Rights Update	MT

Tranche Update on Africa Oil Corp.'s Equity Buyback Plan announced on December 4, 2023.

May 16, 2024 at 02:39 am IST

From January 1, 2024 to May 10, 2024, the company has repurchased 14,588,560 shares, representing 3.15% for $25.7 million. With this, the company has completed the repurchase of 14,588,560 shares, representing 3.15% for $25.7 million under the buyback announced on December 4, 2023.

Latest news about Africa Oil Corp.

Africa Oil Buys Almost 1 Million Shares in Buyback Program	10/06	MT
Africa Oil Brief: Announced Earlier Monday Results of Share Buyback Program and Provided Share Capital and Voting Rights Update	03/06	MT
Africa Oil Buys Back About 1.3 Million Common Shares	27/05	MT
Africa Oil Corp. Approves the Election of Michael Ebsary as Director	24/05	CI
Transcript : Africa Oil Corp. - Shareholder/Analyst Call	23/05
Transcript : Africa Oil Corp., Q1 2024 Earnings Call, May 16, 2024	16/05
Africa Oil First-Quarter Profit Drops on Lower Production	16/05	MT
Africa Oil Brief: Q1 Net income basic per share US$0.01	16/05	MT
Tranche Update on Africa Oil Corp.'s Equity Buyback Plan announced on December 4, 2023.	16/05	CI
Africa Oil Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	16/05	CI
Africa Oil Corp. Provides Production Guidance for the Full Year 2024	16/05	CI
Africa Oil Corp. Reports Production Results for the First Quarter Ended March 31, 2024	16/05	CI
Africa Oil Brief: Earlier Monday Announced Results of Normal Course Issuer Bid	13/05	MT
US IS THE LARGEST OIL AND GAS PRODUCER IN THE WORLD, BUT IS ASKI…	08/05	RE
Africa Oil Brief: Earlier Monday Announced Earlier Results of Share Buyback Program	06/05	MT
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	29/04	MT
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	22/04	MT
Transcript : Africa Oil Corp. - Special Call	17/04
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	15/04	MT
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	25/03	MT
Africa Oil Offers To Buy Up To 8% Of Impact Oil and Gas From Minority Shareholders; Announces Results Of Share Buyback Program	18/03	MT
Africa Oil Brief: Earlier Monday Announced Offer To Minority Shareholders In Impact Oil and Gas; Also Announced Results of Share Buyback Program	18/03	MT
Africa Oil Buys Minority Stake in Impact Oil and Gas	18/03	MT
Africa Oil Corp. made an offer to acquire additional 8% stake in Impact Oil and Gas Limited for $64 million.	18/03	CI
Africa Oil Brief: Earlier Monday Announced Results of Share Buyback Program	11/03	MT

Chart Africa Oil Corp.

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Company Profile

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

14/08/2024 - Q2 2024 Earnings Release (Projected)

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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

1.688 USD

Average target price

2.358 USD

Spread / Average Target

+39.74%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Sector Other Oil & Gas Exploration and Production

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