AFZ Stock Overview Operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. More details
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Africa Oil Corp. Competitors Price History & Performance
Summary of share price highs, lows and changes for Africa Oil Historical stock prices Current Share Price CA$1.19 52 Week High CA$1.85 52 Week Low CA$1.07 Beta 1.28 1 Month Change -8.51% 3 Month Change -2.37% 1 Year Change -30.07% 3 Year Change -0.42% 5 Year Change 44.55% Change since IPO -65.59%
Recent News & Updates
Africa Oil Corp. (TSX:AOI) announces an Equity Buyback for 18,362,364 shares, representing 4.14% for CAD 35 million. Dec 04 Africa Oil Corp. (TSX:AOI) acquired an additional 7% stake in Impact Oil and Gas Limited from three shareholders for £45.7 million.
Upcoming dividend of US$0.025 per share Sep 05
First half dividend of US$0.025 announced Aug 19 Africa Oil Corp. Declares Semi-Annual Cash Dividend, Payable on September 27, 2024 Africa Oil Corp. to Report Q2, 2024 Results on Aug 15, 2024 See more updates
Africa Oil Corp. (TSX:AOI) announces an Equity Buyback for 18,362,364 shares, representing 4.14% for CAD 35 million. Dec 04 Africa Oil Corp. (TSX:AOI) acquired an additional 7% stake in Impact Oil and Gas Limited from three shareholders for £45.7 million.
Upcoming dividend of US$0.025 per share Sep 05
First half dividend of US$0.025 announced Aug 19 Africa Oil Corp. Declares Semi-Annual Cash Dividend, Payable on September 27, 2024 Africa Oil Corp. to Report Q2, 2024 Results on Aug 15, 2024
Africa Oil Corp. Approves the Election of Michael Ebsary as Director May 24
Africa Oil Corp. Provides Production Guidance for the Full Year 2024 May 17
Africa Oil Corp. to Report Q1, 2024 Results on May 15, 2024 Apr 28
President recently bought €121k worth of stock Mar 21
Africa Oil Corp. (TSX:AOI) made an offer to acquire additional 8% stake in Impact Oil and Gas Limited for $64 million. Mar 18
Final dividend of US$0.025 announced Mar 04 Africa Oil Corp. Provides Production Guidance for the Full Year 2024
Africa Oil Corp., Annual General Meeting, May 23, 2024 Feb 27
New major risk - Revenue and earnings growth Feb 27
Africa Oil Corp. (TSX:AOI) acquired an additional 6.25% stake in Block 3B/4B in the Orange Basin offshore from Azinam Group Limited. Jan 22
Africa Oil Corp. to Report Fiscal Year 2023 Results on Feb 28, 2024 Jan 19
Africa Oil Corp. Reaffirms Production Guidance for the Full Year 2023 Nov 17
New minor risk - Share price stability Oct 19
President recently bought €374k worth of stock Oct 09
Africa Oil Announces Strategic Hires to Strengthen Its Executive Team Oct 05
Investor sentiment deteriorates as stock falls 15% Oct 04
New major risk - Revenue and earnings growth Sep 29
Africa Oil Corp. Announces Positive Update on Namibia Operations Sep 28
Upcoming dividend of US$0.025 per share at 2.1% yield Aug 31
Africa Oil Corp. (TSX:AOI) entered an Letter of Intent to acquire additional 6.25% stake in Block 3B/4B in the Orange Basin offshore from Azinam Group Limited for $10.5 million. Jul 12 Africa Oil Corp. (TSX:AOI) entered an Letter of Intent to acquire additional 6.25% stake in Block 3B/4B in the Orange Basin offshore from Azinam Group Limited for $10.5 million. Jul 11
Africa Oil Corp. Announces Executive Changes, Effective September 5, 2023 ONGC Videsh Gets Partner in Oil India to Replace Reluctant Indian Oil Corporation for Potential Acquisition of 50% Stake in Tullow Oil's USD 3.4 Billion Oilfield Project in Kenya May 25
ONGC Videsh Gets Partner in Oil India to Replace Reluctant Indian Oil Corporation for Potential Acquisition of 50% Stake in Tullow Oil's USD 3.4 Billion Oilfield Project in Kenya May 24
Africa Oil Corp. to Report Q2, 2023 Results on Aug 14, 2023
Africa Oil Corp. Provides an Update on Its Appeal Process in Relation to Kenya Revenue Authority's Corporate Income Tax and Value Added Tax Assessments Dec 04
Insufficient new directors Nov 16
Africa Oil Corp. Reaffirms Production Guidance for the Full Year 2022 Nov 15
Africa Oil Corp. Announces Executive Changes Oct 12
Investor sentiment improved over the past week Oct 04
Insufficient new directors Sep 02
Upcoming dividend of US$0.025 per share Sep 01
Vice President of Exploration recently sold €492k worth of stock Aug 21 Africa Oil Corp. Provides Production Guidance for the Year 2022
Investor sentiment deteriorated over the past week Jun 18 Africa Oil Corp. Provides Production Guidance for the Year 2022
Africa Oil Corp. Announces Major Light Oil Discovery Offshore Namibia Feb 25
Investor sentiment improved over the past week Feb 24
Africa Oil Corp. Announces Venus-1X Exploration Well Spuds in Offshore Namibia Block 2913B Dec 01
Investor sentiment improved over the past week Oct 02
Investor sentiment improved over the past week Aug 14
Revenue misses expectations Mar 03
New 90-day high: €0.86 Feb 25
New 90-day high: €0.81 Feb 09 Africa Oil Corp., Annual General Meeting, Apr 20, 2021
New 90-day high: €0.78 Jan 07
New 90-day high: €0.75 Dec 11
New 90-day high: €0.74 Nov 24
Africa Oil Announces Second Significant Discovery on Block 11B/12B Offshore South Africa Oct 29
New 90-day low: €0.58 Oct 22
New 90-day low: €0.60 Sep 24
New 90-day low - €0.66 Sep 08 Shareholder Returns AFZ DE Oil and Gas DE Market 7D -5.3% -2.6% -2.6% 1Y -30.1% -36.9% 7.1%
See full shareholder returns
Return vs Market: AFZ underperformed the German Market which returned 7.1% over the past year.
Price Volatility Is AFZ's price volatile compared to industry and market? AFZ volatility AFZ Average Weekly Movement 6.7% Oil and Gas Industry Average Movement 5.6% Market Average Movement 4.9% 10% most volatile stocks in DE Market 11.6% 10% least volatile stocks in DE Market 2.5%
Stable Share Price: AFZ has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: AFZ's weekly volatility (7%) has been stable over the past year.
About the Company 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.
Show more Africa Oil Corp. Fundamentals Summary How do Africa Oil's earnings and revenue compare to its market cap? AFZ fundamental statistics Market cap €532.08m Earnings (TTM ) -€358.54m Revenue (TTM ) n/a
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) AFZ income statement (TTM ) Revenue US$0 Cost of Revenue US$0 Gross Profit US$0 Other Expenses US$374.10m Earnings -US$374.10m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 26, 2025
Earnings per share (EPS) -0.85 Gross Margin 0.00% Net Profit Margin 0.00% Debt/Equity Ratio 0%
How did AFZ perform over the long term?
See historical performance and comparison Dividends
7.8% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/20 00:10 End of Day Share Price 2024/12/20 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 Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 .
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Analyst Sources Africa Oil Corp. is covered by 44 analysts. 2 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 Anders Holte ABG Sundal Collier Matthew Cooper Barclays Lydia Rainforth Barclays
Show 41 more analysts 
