OTCMKTS:AOIFF Africa Oil - AOIFF Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $2.13 -0.02 (-0.93%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.09▼$2.1450-Day Range$1.85▼$2.2352-Week Range$1.47▼$2.65Volume379,034 shsAverage Volume251,162 shsMarket Capitalization$979.91 millionP/E RatioN/ADividend Yield2.35%Price Target$3.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort Interest Africa Oil MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside539.7% Upside$13.63 Price TargetShort InterestHealthy0.36% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 5 Articles This WeekInsider 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.1.78 out of 5 stars 3.3 Analyst's Opinion Consensus RatingAfrica Oil has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.63, Africa Oil has a forecasted upside of 539.7% from its current price of $2.13.Amount of Analyst CoverageAfrica Oil has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.36% 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 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Africa Oil has recently increased by 5.95%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldAfrica Oil pays a meaningful dividend of 2.36%, 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 2.4 News and Social Media Coverage News SentimentAfrica 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 0.56 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Africa Oil this week, compared to 1 article on an average week.Search Interest4 people have searched for AOIFF on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Africa Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. 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 -14.20, 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 -14.20, 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 1.19. 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 (OTCMKTS:AOIFF) StockAfrica Oil Corp. is an oil and gas company, which engages in the exploration of oil and gas properties. It focuses on producing and development assets in deep-water offshore Nigeria, and development assets in Kenya. The firm's portfolio of exploration assets are located in Guyana, Kenya, Namibia, Nigeria, South Africa, and in the Senegal Guinea Bissau Joint Development Zone. The company was founded on March 29, 1983 and is headquartered in Vancouver, Canada.Read More 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 AOIFF Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comAfrica Oil (OTCMKTS:AOIFF) Raised to "Outperform" at ScotiabankMarch 23, 2023 | marketwatch.comBig Oil Eyes New Deals in North Africa Amid Rising Energy Demand -- Commodities RoundupMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 23, 2023 | marketwatch.comBig Oil Eyes New Deals in North Africa Amid Rising Energy Demand -- Commodities RoundupMarch 22, 2023 | marketwatch.comMiddle East and Africa Oil Shale Market Report Analysis, Share, Revenue, Growth Rate With Forecast Overview To 2023-2033March 17, 2023 | americanbankingnews.comAfrica Oil Corp. (OTCMKTS:AOIFF) Short Interest UpdateMarch 8, 2023 | finance.yahoo.comAFRICA OIL ANNOUNCES NEW COMPETENT PERSON'S REPORT FOR PROSPECTIVE RESOURCES IN BLOCK 3B/4B, ORANGE BASINMarch 3, 2023 | msn.comBlast at Shell's Nigeria oil pipeline kills at least oneMarch 25, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. 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Africa oil projectMarch 1, 2023 | msn.comAfrica Oil Targets Earnings From Nigeria's OML 127, OML 130March 1, 2023 | finance.yahoo.comInvesting in Africa Oil (TSE:AOI) three years ago would have delivered you a 141% gainFebruary 28, 2023 | msn.comConstruction underway on east Africa crude oil pipeline project despite lingering concernsFebruary 28, 2023 | apnews.comCourt dismisses case against TotalEnergies’ Africa projectsFebruary 27, 2023 | finance.yahoo.comAFRICA OIL ANNOUNCES ITS YEAR-END 2022 STATEMENT OF RESERVESFebruary 27, 2023 | finance.yahoo.comAFRICA OIL ANNOUNCES FOURTH QUARTER 2022 RESULTS AND AN UPDATE ON DRILLING OPERATIONSFebruary 27, 2023 | finance.yahoo.comAFRICA OIL PUBLISHES 2022 ANNUAL FILINGSFebruary 24, 2023 | barrons.comParis Protest Against TotalEnergies East Africa Oil PipelineFebruary 21, 2023 | finance.yahoo.comAFRICA OIL TO RELEASE FOURTH QUARTER 2022 FINANCIAL RESULTS ON MONDAY, FEBRUARY 27, 2023February 12, 2023 | msn.comDelta oil producing communities seek PIA reviewFebruary 6, 2023 | msn.comOil revenue fell by N500bn in January – ReportJanuary 31, 2023 | msn.comStitched up? The oil land with no electricityJanuary 24, 2023 | reuters.comUganda to unveil first commercial oil production drilling programmeJanuary 22, 2023 | msn.comOil production crashes by 83% – ReportJanuary 19, 2023 | msn.comFive non-oil exporters earn $180m in one monthJanuary 18, 2023 | msn.comGhana Takes Delivery of First Consignment of Gold for Oil DealJanuary 18, 2023 | proactiveinvestors.comAfrica Oil reports in-line 2022 production results as it prepares for a busy 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 AOIFF Company Calendar Last Earnings2/25/2021Ex-Dividend for 3/31 Dividend3/10/2023Today3/25/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Oil & gas exploration services Sub-IndustryN/A SectorOils/Energy Current SymbolOTCMKTS:AOIFF CUSIPN/A CIKN/A Webwww.africaoilcorp.com Phone(604) 689-7842Fax604-689-4250Employees37Year Founded1983Price Target and Rating Average Stock Price Forecast$13.63 High Stock Price Forecast$24.00 Low Stock Price Forecast$3.25 Forecasted Upside/Downside+52.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on Equity-6.26% Return on Assets-5.91% Debt Debt-to-Equity RatioN/A Current Ratio4.52 Quick Ratio4.52 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$1.79 per share Price / Book1.19Miscellaneous Outstanding Shares460,050,000Free Float455,356,000Market Cap$979.91 million OptionableNot Optionable Beta1.27 Social Links Key ExecutivesKeith Charles HillPresident, CEO & Non-Independent DirectorCraig KnightChief Operations OfficerPascal NicodèmeChief Financial OfficerPaul A. MartinezVice President-ExplorationAmy Deanna BoweVice President-Environmental, Social & GovernanceKey CompetitorsCGGOTCMKTS:CGGYYTullow OilOTCMKTS:TUWOYHarbour EnergyOTCMKTS:HBRIYPremier OilOTCMKTS:PMOIYHarbour EnergyOTCMKTS:HBRIDView All Competitors AOIFF Stock - Frequently Asked Questions Should I buy or sell Africa Oil stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Africa Oil in the last year. There are currently 1 hold rating and 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. What is Africa Oil's stock price forecast for 2023? 2 Wall Street research analysts have issued twelve-month price objectives for Africa Oil's stock. Their AOIFF share price forecasts range from $3.25 to $24.00. On average, they anticipate the company's share price to reach $13.63 in the next year. This suggests a possible upside of 539.7% from the stock's current price. 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 on January 1st, 2023. Since then, AOIFF stock has increased by 16.0% and is now trading at $2.13. 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 February. As of February 28th, there was short interest totaling 1,640,700 shares, an increase of 5.9% from the February 13th total of 1,548,600 shares. Based on an average daily volume of 537,400 shares, the days-to-cover ratio is presently 3.1 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 Wednesday, May 10th 2023. View our AOIFF earnings forecast. How were Africa Oil's earnings last quarter? Africa Oil Corp. (OTCMKTS:AOIFF) issued its quarterly earnings data on Thursday, February, 25th. The energy company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. How often does Africa Oil pay dividends? What is the dividend yield for Africa Oil? Africa Oil announced a dividend on Tuesday, March 7th. Stockholders of record on Monday, March 13th will be paid a dividend of $0.025 per share on Friday, March 31st. This represents a yield of 2.26%. The ex-dividend date is Friday, March 10th. 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 2.42%. Read our dividend analysis for AOIFF. What is Africa Oil's stock symbol? Africa Oil trades on the OTCMKTS under the ticker symbol "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. What is Africa Oil's stock price today? One share of AOIFF stock can currently be purchased for approximately $2.13. How much money does Africa Oil make? Africa Oil (OTCMKTS:AOIFF) has a market capitalization of $979.91 million. How can I contact Africa Oil? Africa Oil's mailing address is 885 W. GEORGIA STREET SUITE 2000, VANCOUVER A1, V6C 3E8. The official website for the company is www.africaoilcorp.com. The energy company can be reached via phone at (604) 689-7842, via email at aoi@namdo.com, or via fax at 604-689-4250. This page (OTCMKTS:AOIFF) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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