Africa Oil Corp. Company Profile (TSE:AOI)

About Africa Oil Corp.

Africa Oil Corp. logoAfrica Oil Corp. (AOC) is a Canada-based oil and gas exploration and development company. The Company has oil and gas interest in Kenya and Ethiopia. The Company focuses on the acquisition, exploration and development of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle. The Company has explored on multiple onshore exploration blocks in various geological settings in East Africa. It has made various oil discoveries in the South Lokichar Basin (Blocks 10BB and 13T) located in the Tertiary Rift trend in Kenya. The Company's appraisal activities include extended well testing, appraisal drilling and engineering studies and sanctioning development of the oil fields in the South Lokichar Basin. Its blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend. It has interests in Block 9, Block 10BB, Block 12A, Block 13T, Block 10BA, South Omo and Rift Basin Area.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: AOI
  • CUSIP:
Key Metrics:
  • Previous Close: $2.03
  • 50 Day Moving Average: $2.11
  • 200 Day Moving Average: $2.00
  • 52-Week Range: C$1.53 - C$2.45
  • Trailing P/E Ratio: N/A
  • P/E Growth: 2.33
  • Market Cap: $926.53M
  • Outstanding Shares: 456,417,000
Additional Links:

Analyst Ratings

Consensus Ratings for Africa Oil Corp. (TSE:AOI) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: C$3.24

Analysts' Ratings History for Africa Oil Corp. (TSE:AOI)
DateFirmActionRatingPrice TargetDetails
10/12/2016Dundee SecuritiesBoost Price TargetBuyC$3.25 -> C$3.50View Rating Details
8/15/2016TD SecuritiesBoost Price TargetSpeculative BuyC$3.25 -> C$3.50View Rating Details
8/15/2016ScotiabankReiterated RatingSector PerformC$3.00View Rating Details
7/14/2016Royal Bank Of CanadaLower Price TargetC$3.00 -> C$2.70View Rating Details
5/19/2016FirstEnergy CapitalLower Price TargetC$3.70 -> C$3.00View Rating Details
11/10/2015Canaccord GenuityBoost Price TargetSpeculative BuyC$4.50View Rating Details
11/9/2015Renaissance CapitalLower Price TargetHoldC$3.40 -> C$2.50View Rating Details
7/2/2015BMO Capital MarketsUpgradeMarket Perform -> OutperformC$2.60 -> C$3.00View Rating Details
1/30/2015CSFBLower Price TargetC$11.00 -> C$4.00View Rating Details
(Data available from 10/27/2014 forward)


Earnings History for Africa Oil Corp. (TSE:AOI)
No earnings announcements for this company have been tracked by


Earnings Estimates for Africa Oil Corp. (TSE:AOI)
Current Year EPS Consensus Estimate: $-0.03 EPS


Dividend History for Africa Oil Corp. (TSE:AOI)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Africa Oil Corp. (TSE:AOI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/21/2015Keith Charles HillDirectorSell100,000C$2.01C$201,000.00
11/23/2015James PhillipsInsiderSell50,100C$1.95C$97,695.00
11/20/2015James PhillipsInsiderSell2,500C$2.00C$5,000.00
11/19/2015James PhillipsInsiderSell12,400C$2.00C$24,800.00
3/27/2015Ian GibbsInsiderSell5,600C$2.00C$11,200.00
3/26/2015Ian GibbsInsiderSell24,500C$2.00C$49,000.00
3/25/2015Ian GibbsInsiderSell14,450C$2.00C$28,900.00
3/17/2015John Hunter CraigDirectorSell26,300C$2.06C$54,178.00
3/16/2015John Hunter CraigDirectorSell23,700C$2.04C$48,348.00
1/23/2015John Hunter CraigDirectorSell100,000C$2.51C$251,000.00
(Data available from 1/1/2013 forward)


Latest Headlines for Africa Oil Corp. (TSE:AOI)
News IconADX in View on Shares of Africa Oil Corp (AOI.TO) - Wall Street Confidential (TSE:AOI) - October 26 at 8:34 PM logoAfrica Oil : Early pilot scheme is vital for production of Kenyas crude oil (TSE:AOI) - October 25 at 8:42 PM
News IconRating Sentiment Change: Discussion stirs around Africa Oil Corp (TSE:AOI) this week; here is what analysts are saying. - MoneyMakingArticles (TSE:AOI) - October 25 at 3:33 PM
News IconAfrica Oil Corp Stock Is Rising Now - Frisco Fastball (TSE:AOI) - October 18 at 3:30 PM
News IconTime to Buy Africa Oil Corp After Today's Huge Decline? - Frisco Fastball (TSE:AOI) - October 18 at 8:21 AM logoKenya oil official sees break-even price at $50-55 per barrel (TSE:AOI) - October 15 at 8:20 AM
News IconWhat's Ahead for Africa Oil Corp After Today's Huge Decline? - Post News (TSE:AOI) - September 23 at 8:21 AM
News IconWere Analysts Bullish Africa Oil Corp (TSE:AOI) This Week? - Post News (TSE:AOI) - September 20 at 9:25 AM logoAfrica Oil Corp. :AOI-CA: Earnings Analysis: Q2, 2016 By the Numbers : September 13, 2016 (TSE:AOI) - September 13 at 3:30 PM logoJunior Mining Network - Dolly Varden Silver Appoints New Director - Junior Mining Network (TSE:AOI) - August 27 at 8:19 AM logoDolly Varden Appoints New Director - Stockhouse (TSE:AOI) - August 26 at 3:30 PM logoAfrica Oil Corp. announces second quarter 2016 results - OilVoice (TSE:AOI) - August 15 at 3:35 PM logoAfrica Oil 2016 Second Quarter Financial and Operating Results - Marketwired (press release) (TSE:AOI) - August 14 at 3:29 PM logoAFRICA OIL 2016 SECOND QUARTER FINANCIAL AND OPERATING RESULTS - GlobeNewswire (press release) (TSE:AOI) - August 13 at 3:31 PM logoAfrica Oil Corp.: AFRICA OIL 2016 SECOND QUARTER FINANCIAL AND OPERATING RESULTS (TSE:AOI) - August 12 at 8:58 PM logoAfrica Oil 2016 Second Quarter Financial and Operating Results (TSE:AOI) - August 12 at 8:58 PM logoQ2 2016 Africa Oil Corp Earnings Release - After Market Close (TSE:AOI) - August 12 at 12:07 PM logoAfrica Oil Corp.: AFRICA OIL OPERATIONS UPDATE (TSE:AOI) - July 28 at 4:32 PM logoAfrica Oil Corp. provides update on South Lokichar Basin activities - OilVoice (TSE:AOI) - July 27 at 11:45 AM
News IconAfrica Oil Corp. (TSE:AOI) Receives Average Recommendation of "Hold" from Brokerages (TSE:AOI) - July 20 at 4:42 PM
News IconHow Many Africa Oil Corp (TSE:AOI)'s Analysts Are Bearish? - Consumer Eagle (TSE:AOI) - July 18 at 8:23 AM
News IconHow Analysts Feel About Africa Oil Corp (TSE:AOI)? - Engelwood Daily (TSE:AOI) - July 10 at 8:16 AM
News IconHow Analysts Rated Africa Oil Corp (CVE:AOI) Last Week? - Engelwood Daily (TSE:AOI) - July 7 at 11:26 AM


Africa Oil Corp. (TSE:AOI) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by Staff