AFE Stock Overview
Operates as an oil and gas exploration and production company in South Africa and Namibia.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Africa Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.09 |
| 52 Week High | CA$0.14 |
| 52 Week Low | CA$0.065 |
| Beta | 1.34 |
| 1 Month Change | 20.00% |
| 3 Month Change | -5.26% |
| 1 Year Change | -30.77% |
| 3 Year Change | -64.00% |
| 5 Year Change | -58.14% |
| Change since IPO | -91.00% |
Recent News & Updates
Recent updates
Is Africa Energy (CVE:AFE) A Risky Investment?
Feb 22
Africa Energy (CVE:AFE) Is Making Moderate Use Of Debt
Nov 08Is Africa Energy (CVE:AFE) Using Too Much Debt?
Jul 19Is Africa Energy (CVE:AFE) Using Debt In A Risky Way?
Apr 04Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation
Jul 22Africa Energy (CVE:AFE) Is In A Strong Position To Grow Its Business
Apr 05Have Insiders Been Selling Africa Energy Corp. (CVE:AFE) Shares?
Feb 12
Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation
Jul 17Shareholder Returns
| AFE | CA Oil and Gas | CA Market | |
|---|---|---|---|
| 7D | -14.3% | 0.06% | 0.9% |
| 1Y | -30.8% | 21.6% | 10.8% |
Return vs Industry: AFE underperformed the Canadian Oil and Gas industry which returned 21.3% over the past year.
Return vs Market: AFE underperformed the Canadian Market which returned 10.8% over the past year.
Price Volatility
| AFE volatility | |
|---|---|
| AFE Average Weekly Movement | 15.1% |
| Oil and Gas Industry Average Movement | 6.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.8% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: AFE's share price has been volatile over the past 3 months.
Volatility Over Time: AFE's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 4 | Rob Nicolella | africaenergycorp.com |
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. The company focuses on potential gas condensate development on Block 11B/12B offshore in South Africa. It also holds interest in the Block 2B offshore the Republic of South Africa.
Africa Energy Corp. Fundamentals Summary
| AFE fundamental statistics | |
|---|---|
| Market cap | CA$126.70m |
| Earnings (TTM) | -CA$192.67m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-0.7x
P/E RatioIs AFE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AFE income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$141.58m |
| Earnings | -US$141.58m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
Aug 13, 2024
| Earnings per share (EPS) | -0.10 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 6.8% |
How did AFE perform over the long term?
See historical performance and comparison