Africa Oil Corp

Energy CA AOI

1.67CAD
-(-%)

Last update at 2025-07-03T13:30:00Z

Day Range

1.661.70
LowHigh

52 Week Range

1.011.96
LowHigh

Fundamentals

  • Previous Close 1.67
  • Market Cap1269.82M
  • Volume982204
  • P/E Ratio-
  • Dividend Yield10.77%
  • EBITDA31.05M
  • Revenue TTM76.40M
  • Revenue Per Share TTM0.17
  • Gross Profit TTM 25.20M
  • Diluted EPS TTM-0.73

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -60.30000M 190.72M -17.61400M -156.76900M -66.71400M
Minority interest - - - - -
Net income -57.90000M 190.72M -233.22800M -296.32500M -66.71400M
Selling general administrative 27.00M 18.02M 14.13M 10.72M 7.46M
Selling and marketing expenses - - - - -
Gross profit - - - -0.54600M -0.08400M
Reconciled depreciation - - 1.29M 0.55M 0.08M
Ebit 111.40M 208.85M 227.34M -17.11400M -66.66400M
Ebitda 113.80M 209.00M 228.63M -16.56800M -66.58000M
Depreciation and amortization 2.40M 0.14M 1.29M 0.55M 0.08M
Non operating income net other - - - - -
Operating income 111.40M 208.85M 227.34M -17.11400M -10.00200M
Other operating expenses 27.00M 18.02M 14.13M 11.83M 10.00M
Interest expense 3.50M 18.27M 29.34M 0.10M 0.05M
Tax provision - - - - -
Interest income 1.10M 18.13M 1.10M 8.24M 6.86M
Net interest income -1.10000M -18.12500M -28.23300M 8.28M 6.89M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -2.40000M -0.13700M 215.61M 139.56M 0.00000M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 27.00M 18.02M 14.13M 11.28M 9.92M
Cost of revenue - - - 0.55M 0.08M
Total other income expense net -171.70000M -18.13200M -244.94900M -139.65500M -56.71200M
Discontinued operations - - - - -
Net income from continuing ops -60.30000M 190.72M -17.61400M -156.76900M -66.71400M
Net income applicable to common shares -60.30000M 190.72M -17.61400M -156.76900M -66.71400M
Preferred stock and other adjustments - - - - -
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 615.20M 966.20M 917.70M 991.62M 910.50M
Intangible assets - 0.02M - - 190.40M
Earning assets - - - - -
Other current assets - 0.00510M 0.40M 0.37M 1.74M
Total liab 66.40M 71.60M 87.10M 43.56M 156.21M
Total stockholder equity 548.80M 894.60M 830.60M 948.06M 754.29M
Deferred long term liab - - - - -
Other current liab - 22.40M 44.50M 7.62M 12.08M
Common stock - 1265.30M 1267.70M 1309.13M 1306.48M
Capital stock 1195.80M 1265.30M 1267.70M 1309.13M 1306.48M
Retained earnings -734.00000M -432.30000M -496.30000M -412.21200M -610.71900M
Other liab - - 42.60M 35.94M 2.44M
Good will - - - - -
Other assets - - 2.00M - -
Cash 61.40M 232.00M 199.30M 58.51M 38.74M
Cash and equivalents - - 199.30M 58.51M 38.74M
Total current liabilities 14.60M 22.40M 44.50M 7.62M 12.54M
Current deferred revenue - - - - -
Net debt - -232.00000M -199.30000M -58.51200M 102.95M
Short term debt - - 0.00000M 0.00000M 0.45M
Short long term debt - - - - -
Short long term debt total - - - - 141.69M
Other stockholder equity - 61.60M 59.20M 51.14M 50.84M
Property plant equipment - - 63.60M 0.21M 0.73M
Total current assets 76.70M 237.10M 201.10M 59.54M 41.86M
Long term investments 506.00M 707.20M 651.00M 737.82M 677.51M
Net tangible assets - - 767.00M 754.01M 563.89M
Short term investments - - - - -
Net receivables 4.00M 5.10M 1.40M 0.66M 1.39M
Long term debt - - 0.00000M 0.00000M 141.00M
Inventory - -0.00510M - - -
Accounts payable - - - 3.65M 10.49M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - 0.00000M - - 7.69M
Additional paid in capital - - - - -
Common stock total equity - - - - 1306.48M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - 2.80M 2.00M - -190.39600M
Deferred long term asset charges - - - - -
Non current assets total 538.50M 729.10M 716.60M 932.08M 868.64M
Capital lease obligations 3.30M - - - 0.69M
Long term debt total - - 0.00000M 0.00000M 141.23M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 220.20M -1.98100M -568.36400M -35.12500M -19.35300M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities 220.20M 187.70M -394.27200M -35.12500M -19.35300M
Net borrowings - -141.53600M 139.81M -0.54600M -0.54600M
Total cash from financing activities -63.20000M -159.11900M 110.64M -1.22200M -0.56800M
Change to operating activities 1.20M 0.17M 3.90M -3.78300M 0.14M
Net income -60.30000M 190.72M -17.61400M -156.76900M -66.71400M
Change in cash 140.80M 18.41M -288.99000M -40.87300M -21.95300M
Begin period cash flow 58.90M 40.47M 329.46M 370.34M 392.29M
End period cash flow 199.70M 58.88M 40.47M 329.46M 370.34M
Total cash from operating activities -16.30000M -10.20900M -5.34800M -4.48400M -1.94900M
Issuance of capital stock - - - 0.00000M 0.00500M
Depreciation 170.60M 170.60M 1.29M 0.55M 0.08M
Other cashflows from investing activities 223.50M 194.27M 194.98M 11.63M -1.74500M
Dividends paid 23.80M 23.80M 23.80M 23.80M -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -41.60000M -0.42700M -0.33000M -0.67600M -0.57300M
Other cashflows from financing activities 2.20M 80.84M 221.16M -35.12500M -19.35300M
Change to netincome -127.80000M -201.09900M -208.52700M 16.01M 14.95M
Capital expenditures 3.30M 4.59M 0.09M 0.11M 0.01M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.20M 0.17M 3.90M -3.78300M 0.14M
Stock based compensation 9.50M 6.32M 2.97M 2.23M 1.59M
Other non cash items 33.30M -207.41700M 4.10M 153.29M 62.95M
Free cash flow -16.30000M -14.79500M -5.43500M -4.59100M -1.96400M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AOI
Africa Oil Corp
- -% 1.67 - 3.97 16.62 0.94 13.94 7.83
CNQ
Canadian Natural Resources Ltd
0.17 0.39% 43.96 12.15 13.97 2.36 2.28 2.45 6.25
TOU
Tourmaline Oil Corp.
0.04 0.06% 63.62 19.30 12.15 5.67 1.59 4.25 7.63
ARX
ARC Resources Ltd.
-0.06 0.22% 27.74 13.14 10.60 3.23 2.16 3.27 6.03
OVV
Ovintiv Inc
-0.12 0.22% 54.23 16.38 7.50 1.54 0.99 1.83 4.93

Reports Covered

Stock Research & News

Profile

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.

Africa Oil Corp

666 Burrard Street, Vancouver, BC, Canada, V6C 2X8

Key Executives

Name Title Year Born
Mr. Keith C. Hill B.Sc., M.Sc., MBA CEO, Pres & Non-Independent Director 1959
Mr. Pascal Nicodeme Chief Financial Officer NA
Dr. Paul Martinez VP of Exploration NA
Mr. Craig Knight Chief Operations Officer NA
Ms. Rashida McLean Corp. Counsel & Corp. Sec. NA
Mr. Bryan M. Benitz Consultant 1934
Ms. Amy Bowe VP of ESG NA
Mr. Kevin E. Hisko Corp. Sec. 1958
Ms. Kylie Litchfield Group Financial Controller NA
Dr. Roger Morris Tucker President, CEO & Director 1957

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