Should I buy or sell Africa Oil stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Africa Oil in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AOIFF shares. View AOIFF analyst ratings or view top-rated stocks .

How have AOIFF shares performed in 2024?

Africa Oil's stock was trading at $1.87 on January 1st, 2024. Since then, AOIFF shares have decreased by 4.3% and is now trading at $1.79. View the best growth stocks for 2024 here .

When is Africa Oil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our AOIFF earnings forecast .

How were Africa Oil's earnings last quarter?

Africa Oil Corp. (OTCMKTS:AOIFF) announced its quarterly earnings data on Monday, February, 26th. The energy company reported ($0.20) EPS for the quarter.

How often does Africa Oil pay dividends? What is the dividend yield for Africa Oil?

Africa Oil declared a dividend on Monday, February 26th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, March 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 2.80%. The dividend payout ratio is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:AOIFF

Africa Oil (AOIFF) Stock Price, News & Analysis

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$1.79

+0.01 (+0.56%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.78
▼
$1.80
50-Day Range: $1.52
▼
$1.90
52-Week Range: $1.43
▼
$2.48

Volume: 40,797 shs
Average Volume: 71,756 shs
Market Capitalization: $822.34 million

P/E Ratio: 9.94
Dividend Yield: 2.79%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Headlines Short Interest

Get Africa Oil alerts:

Africa Oil MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.49% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.40
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.23 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Africa Oil.

1.0

Short Interest

Percentage of Shares Shorted
0.49% of the outstanding shares of Africa Oil have been sold short.
Short Interest Ratio / Days to Cover
Africa Oil has a short interest ratio ("days to cover") of 14.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Africa Oil has recently increased by 0.29%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Africa Oil pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Africa Oil does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Africa Oil is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AOIFF.

1.9

News and Social Media Coverage

News Sentiment
Africa Oil has a news sentiment score of 0.40. 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 0.54 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Africa Oil this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Africa Oil insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.02% of the stock of Africa Oil is held by insiders.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Africa Oil is 9.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Africa Oil is 9.94, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.37.
Price to Book Value per Share Ratio
Africa Oil has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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 and 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.

AOIFF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AOIFF Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Energy Companies: Baytex Energy (BTE), Exxon Mobil (XOM) and Africa Oil (OtherAOIFF)

April 18, 2024 | msn.com

Africa’s Oldest Oil-Rich Dictatorship Has a Succession Problem

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April 17, 2024 | msn.com

Republic of Congo expands oil partnerships, eyes closer ties with Azerbaijan

April 16, 2024 | msn.com

April 16, 2024 | finance.yahoo.com

EnerCom is Pleased to Announce that Registration is Now Open for the 29th Annual EnerCom Denver - The Energy Investment Conference

April 12, 2024 | msn.com

Libya displaces Nigeria as largest crude oil producer in Africa – OPEC

April 8, 2024 | oilprice.com

Russia Leverages Its Nuclear Expertise in Africa

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April 4, 2024 | msn.com

Anti-Oil Activists Up Their Game Against Insurers Of Big Oil

April 4, 2024 | msn.com

Oil: We need sectoral linkages for economic development

April 3, 2024 | reuters.com

Egypt's non-oil business sector yet to gain from IMF deal, PMI shows

March 29, 2024 | msn.com

Cheap Politics and Deep Fakes - The Use of AI-generated Content Ahead of South Africa's Election

March 20, 2024 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on Africa Oil (AOIFF)

March 19, 2024 | msn.com

If Oil Disappeared Tomorrow

March 18, 2024 | proactiveinvestors.com

Africa Oil provides update on share buyback program

March 18, 2024 | markets.businessinsider.com

Africa Oil Offers To Acquire Up To 8% Of Shares In Impact Oil From Minority Shareholders

March 15, 2024 | bloomberg.com

Africa Internet Outage Risks Leaving Millions Offline for Weeks

March 14, 2024 | msn.com

Nigeria’s oil output hits 1.47 million bpd on crude theft crackdown

March 14, 2024 | msn.com

‘Namibia ready for oil to flow’

March 14, 2024 | msn.com

AfDB chief calls to end opaque loans tied to Africa’s natural resources

February 27, 2024 | proactiveinvestors.com

Africa Oil reports profit for 2023 driven by Prime investment

February 27, 2024 | msn.com

Africa Oil GAAP EPS of -$0.19

February 22, 2024 | msn.com

Oil dealers threaten shutdown over forex crisis

February 20, 2024 | msn.com

Navy Arrests Six Suspected Oil Thieves in Akwa Ibom

February 19, 2024 | finance.yahoo.com

AFRICA OIL TO RELEASE FOURTH QUARTER 2023 FINANCIAL RESULTS ON MONDAY, FEBRUARY 26, 2024

February 15, 2024 | wsj.com

Africa Oil Corp.

See More Headlines

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Company Calendar

Last Earnings: 2/26/2024
Ex-Dividend for 3/28 Dividend: 3/07/2024
Dividend Payable: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/10/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Oils/Energy
Industry: Oil & gas exploration services
Sub-Industry: N/A
Current Symbol: OTCMKTS:AOIFF
CUSIP: N/A
CIK: N/A
Web: www.africaoilcorp.com
Phone: (604) 689-7842
Fax: 604-689-4250
Employees: 23
Year Founded: 1983

Profitability

EPS (Most Recent Fiscal Year): $0.18
Trailing P/E Ratio: 9.94
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $87.10 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 16.19%
Return on Assets: 15.10%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 10.76
Quick Ratio: 10.76

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.79 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 459,410,000
Free Float: 454,727,000
Market Cap: $822.34 million
Optionable: Not Optionable
Beta: 1.04

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Key Executives

Mr. Pascal Nicodeme
Chief Financial Officer
Mr. Craig Knight
Chief Operations Officer
Dr. Paul Martinez
Vice President of Exploration
Dr. Roger Morris Tucker (Age 67)
President, CEO & Director
Mr. Shahin Amini
Head of Investor Relations
Ms. Joanna Kay
General Counsel & Corporate Secretary
Dr. Oliver Quinn
Senior VP of Corporate Development & Chief Commercial Officer

Key Competitors

View All Competitors

AOIFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Africa Oil stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Africa Oil in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AOIFF shares.
View AOIFF analyst ratings or view top-rated stocks.
How have AOIFF shares performed in 2024?: Africa Oil's stock was trading at $1.87 on January 1st, 2024. Since then, AOIFF shares have decreased by 4.3% and is now trading at $1.79.
View the best growth stocks for 2024 here.
When is Africa Oil's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our AOIFF earnings forecast.
How were Africa Oil's earnings last quarter?: Africa Oil Corp. (OTCMKTS:AOIFF) announced its quarterly earnings data on Monday, February, 26th. The energy company reported ($0.20) EPS for the quarter.

How often does Africa Oil pay dividends? What is the dividend yield for Africa Oil?: Africa Oil declared a dividend on Monday, February 26th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.025 per share on Thursday, March 28th. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Thursday, March 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 2.80%. The dividend payout ratio is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:AOIFF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Africa Oil (AOIFF) Stock Price, News & Analysis

Africa Oil MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Africa Oil Stock (OTCMKTS:AOIFF)

AOIFF Stock Price History

AOIFF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

AOIFF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™