Africa Oil Stock Price, News & Analysis (OTCMKTS:AOIFF) $1.81 +0.03 (+1.69%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$1.81▼$1.8350-Day Range$1.78▼$2.0252-Week Range$1.71▼$2.48Volume41,533 shsAverage Volume111,876 shsMarket Capitalization$837.93 millionP/E RatioN/ADividend Yield2.76%Price Target$1.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Africa Oil MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside11.6% Downside$1.60 Price TargetShort InterestBearish0.43% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.81 out of 5 stars 1.5 Analyst's Opinion Consensus RatingAfrica Oil has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.60, Africa Oil has a forecasted downside of 11.6% from its current price of $1.81.Amount of Analyst CoverageAfrica Oil has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted0.43% of the outstanding shares of Africa Oil have been sold short.Short Interest Ratio / Days to CoverAfrica Oil has a short interest ratio ("days to cover") of 15.9, which indicates bearish sentiment.Change versus previous monthShort interest in Africa Oil has recently increased by 18.32%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldAfrica Oil pays a meaningful dividend of 2.65%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAfrica Oil does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AOIFF. Previous Next 0.9 News and Social Media Coverage News SentimentAfrica Oil has a news sentiment score of -0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Africa Oil this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Africa Oil insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.02% of the stock of Africa Oil is held by insiders. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Africa Oil is -181.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Africa Oil is -181.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAfrica Oil has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Africa Oil Stock (OTCMKTS:AOIFF)Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production 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/appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and 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. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.Read More AOIFF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AOIFF Stock News HeadlinesDecember 4, 2023 | oilprice.comAfrica's Hydropower Plants Could Receive $1 Billion for UpgradesNovember 22, 2023 | finance.yahoo.comIs Africa Oil Corp. (TSE:AOI) Trading At A 39% Discount?December 7, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 22, 2023 | msn.com'Cheats and parasites': Behind East Africa's oil rowNovember 14, 2023 | investing.comAfrica Oil Corp (AOIC) Earnings Dates & ReportsNovember 13, 2023 | markets.businessinsider.comAfrica Oil earnings preview: what Wall Street is expectingNovember 11, 2023 | msn.comUganda-Kenya row over oil supply unveils peppered, rising tensionsNovember 5, 2023 | msn.comEgypt's non-oil activity shrinks in October as inflation, supply shortages bite -PMIDecember 7, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.October 31, 2023 | msn.comOil Producers Chart Future For AfricaOctober 28, 2023 | msn.comOver 600m people lack access to modern energy in Africa – APPOOctober 13, 2023 | msn.comAfrica Oil exits Kenya after settling Sh2bn tax arrearsOctober 4, 2023 | finance.yahoo.comAFRICA OIL ANNOUNCES STRATEGIC HIRES TO STRENGTHEN ITS EXECUTIVE TEAMSeptember 28, 2023 | finance.yahoo.comAFRICA OIL ANNOUNCES POSITIVE UPDATE ON NAMIBIA OPERATIONSSeptember 26, 2023 | markets.businessinsider.comAfrica Oil (AOIFF) Gets a Buy from ScotiabankSeptember 22, 2023 | news.yahoo.comAfrica in Business: Carbon dioxide capture and a new agriculture fundSeptember 14, 2023 | reuters.comPIF-backed oil and gas driller ADES prices IPO at top of rangeSeptember 8, 2023 | msn.comAfrica Finance Corporation remains committed to fossil fuel investmentsAugust 3, 2023 | theglobeandmail.comClosing Bell: Africa Oil Corp up on Thursday (AOI)August 3, 2023 | oilprice.comAn Oil Boom Is Underway In GhanaAugust 2, 2023 | msn.comAfrica Oil (AOIFF) Price Target Increased by 5.95% to 23.60August 1, 2023 | msn.comEast Africa currency woes hurt Diageo's full-year sales volumesJuly 20, 2023 | msn.com‘Content is the new crude oil’: Africa’s multi billion-dollar creative industry takes center stage at Africa Walk 2023July 14, 2023 | news.yahoo.comAfrica in Business: cocoa and copperJuly 13, 2023 | msn.comShell’s oil spills: Oilwatch charges HYPREP to take actionJuly 10, 2023 | news.yahoo.comHRW says TotalEnergies oil project 'a disaster' for UgandansJune 27, 2023 | apnews.comUganda activists file new Paris case over TotalEnergies’ East Africa oil pipeline projectSee More Headlines Receive AOIFF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Africa Oil and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/07/2023Dividend Payable9/29/2023Last Earnings11/14/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolOTCMKTS:AOIFF CUSIPN/A CIKN/A Webwww.africaoilcorp.com Phone(604) 689-7842Fax604-689-4250Employees24Year Founded1983Price Target and Rating Average Stock Price Target$1.60 High Stock Price Target$1.60 Low Stock Price Target$1.60 Potential Upside/Downside-10.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.01) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on Equity6.41% Return on Assets5.90% Debt Debt-to-Equity RatioN/A Current Ratio9.45 Quick Ratio9.46 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.79 per share Price / Book0.99Miscellaneous Outstanding Shares462,950,000Free Float458,224,000Market Cap$824.05 million OptionableNot Optionable Beta1.16 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Pascal NicodemeChief Financial OfficerMr. Craig KnightChief Operations OfficerDr. Paul MartinezVice President of ExplorationDr. Roger Morris Tucker (Age 66)President, CEO & Director Ms. Kylie LitchfieldHead of Corporate Finance & Deputy CFOMr. Shahin AminiInvestor Relations & Commercial ManagerDr. Oliver QuinnSenior Vice President of Corporate DevelopmentMs. Amy BoweVice President of ESGMore ExecutivesKey CompetitorsTullow OilOTCMKTS:TUWOYCGGOTCMKTS:CGGYYHammerhead EnergyNASDAQ:HHRSHarbour EnergyOTCMKTS:HBRIYHarbour EnergyOTCMKTS:HBRIDView All Competitors AOIFF Stock Analysis - Frequently Asked Questions Should I buy or sell Africa Oil stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Africa Oil in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AOIFF shares. View AOIFF analyst ratings or view top-rated stocks. What is Africa Oil's stock price target for 2024? 2 brokers have issued 12-month target prices for Africa Oil's stock. Their AOIFF share price targets range from $1.60 to $1.60. On average, they anticipate the company's share price to reach $1.60 in the next year. This suggests that the stock has a possible downside of 11.6%. View analysts price targets for AOIFF or view top-rated stocks among Wall Street analysts. How have AOIFF shares performed in 2023? Africa Oil's stock was trading at $1.8363 at the start of the year. Since then, AOIFF stock has decreased by 1.4% and is now trading at $1.81. View the best growth stocks for 2023 here. Are investors shorting Africa Oil? Africa Oil saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 1,968,600 shares, an increase of 18.3% from the October 31st total of 1,663,800 shares. Based on an average daily volume of 123,500 shares, the short-interest ratio is currently 15.9 days. View Africa Oil's Short Interest. When is Africa Oil's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024. View our AOIFF earnings forecast. How were Africa Oil's earnings last quarter? Africa Oil Corp. (OTCMKTS:AOIFF) issued its quarterly earnings results on Tuesday, November, 14th. The energy company reported $0.10 EPS for the quarter. How often does Africa Oil pay dividends? What is the dividend yield for Africa Oil? Africa Oil announced a dividend on Tuesday, August 15th. Shareholders of record on Friday, September 8th will be given a dividend of $0.025 per share on Friday, September 29th. The ex-dividend date is Thursday, September 7th. Read our dividend analysis for AOIFF. Is Africa Oil a good dividend stock? Africa Oil (OTCMKTS:AOIFF) pays an annual dividend of $0.05 per share and currently has a dividend yield of 2.65%. Read our dividend analysis for AOIFF. How do I buy shares of Africa Oil? Shares of AOIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (OTCMKTS:AOIFF) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Africa Oil Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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