AFE Stock Overview
Operates as an oil and gas exploration and production company in South Africa and Namibia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Africa Energy Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.03 |
| 52 Week High | CA$0.13 |
| 52 Week Low | CA$0.02 |
| Beta | 1.08 |
| 1 Month Change | 20.00% |
| 3 Month Change | 20.00% |
| 1 Year Change | -68.42% |
| 3 Year Change | -87.76% |
| 5 Year Change | -89.66% |
| Change since IPO | -97.00% |
Recent News & Updates
Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?
Sep 27
Is Africa Energy (CVE:AFE) A Risky Investment?
Jun 13Recent updates
Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?
Sep 27Is Africa Energy (CVE:AFE) A Risky Investment?
Jun 13Is Africa Energy (CVE:AFE) A Risky Investment?
Feb 22Africa 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 | 20.0% | 0.7% | -0.5% |
| 1Y | -68.4% | 14.4% | 14.9% |
Return vs Industry: AFE underperformed the Canadian Oil and Gas industry which returned 14.2% over the past year.
Return vs Market: AFE underperformed the Canadian Market which returned 15.7% over the past year.
Price Volatility
| AFE volatility | |
|---|---|
| AFE Average Weekly Movement | 22.3% |
| Oil and Gas Industry Average Movement | 6.3% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in CA Market | 17.2% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: AFE's share price has been volatile over the past 3 months compared to the Canadian market.
Volatility Over Time: AFE's weekly volatility (22%) 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$35.20m |
| Earnings (TTM) | -CA$308.84m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-0.1x
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$215.12m |
| Earnings | -US$215.12m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 27, 2025
| Earnings per share (EPS) | -0.15 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 28.7% |
How did AFE perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:32 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Africa Energy Corp. is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ina Golikja | Fearnley Securities |
| James Hubbard | Numis Securities Ltd. |
| Tom Kristiansen | Pareto Securities |