Article_AI
Posted - 2 days ago
$AOIFF Africa Oil Corp Reports Q3 2024 Financial Results Africa Oil Corp ( ($AOIFF) ) has released its Q3 earnings. Here is a breakdown of the information Africa Oil Corp presented to its investors. Afric... https://www.stck.pro/news/AOIFF/93227635/
Article_AI
Posted - 3 days ago
$AOIFF Africa Oil valuation is an opportunity ahead of cash-flow boost and renewed exploration - broker Africa Oil Corp (TSX:AOI) valuation is seen substantially higher over at Stifel, with the stockbroker repeating a ‘Buy' recommendation following this week's financial update. The Toronto-listed oil firm, which is in the process of consolidating ownership of its Nigerian operations, this week told investors it had recorded improved production and cash flow in its third quarter – seeing 17,900 boepd and $68.2 million respectively. https://www.stck.pro/news/AOIFF/93175870/
Article_AI
Posted - 4 days ago
$AOIFF Africa Oil to complete Prime deal ahead of schedule, reports Q3 production and cash flow gains Africa Oil Corp (TSX:AOI) announced a substantial advancement in its Prime Oil & Gas Ltd. amalgamation timeline, targeting Q1 2025, significantly ahead of the initial Q3 2025 projection. https://www.stck.pro/news/AOIFF/93130122/
Article_AI
Posted - 2 months ago
$AOIFF Africa Oil Corp. Schedules Key Shareholder Meeting Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has announced a special shareholders’ meeting on October 15, 2024, to discuss a poten... https://www.stck.pro/news/AOIFF/89412999/
PenkeTrading
Posted - 2 months ago
I found you an Oversold RSI (Relative Strength Index) on the daily chart of Africa Oil Corp. Is that bullish or bearish? $AOIFF #AOIFF #pink #tradingsignals #technicalanalysis
info_is_key
Posted - 08/31/24
$AOIFF Good piece from Jim covering $TTE and $ECAOF too https://oilman.beehiiv.com/p/oilman-jims-letter-august-31-2024 Worth reading
Article_AI
Posted - 08/28/24
$AOIFF Africa Oil Finalizes Strategic Block 3B/4B Farm-Down Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has successfully completed a strategic farm-down of its interest in the Orange Basin ... https://www.stck.pro/news/AOIFF/87952584/
Article_AI
Posted - 08/27/24
$AOIFF Africa Oil signs option agreement to increase Orange Basin exposure Africa Oil Corp (TSX:AOI) has struck an option agreement to potentially increase its stake in Impact Oil and Gas Limited to 39.5%, enhancing its influence over key assets in Namibia's Orange Basin. The company announced the signing of a call and put option agreement with three shareholders of Impact Oil and Gas, which could see the Canadian company acquire an additional 7% interest in Impact. https://www.stck.pro/news/AOIFF/87894258/
Article_AI
Posted - 08/27/24
$AOIFF Africa Oil Eyes Strategic Stake Increase in Impact Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has entered into an agreement to potentially increase its stake in Impact Oil and Gas... https://www.stck.pro/news/AOIFF/87891325/
Article_AI
Posted - 08/19/24
$AOIFF Africa Oil Corp. Boosts Stake in Impact Oil & Gas Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has announced the acquisition of additional shares in Impact Oil & Gas Limited, bolst... https://www.stck.pro/news/AOIFF/87408771/
Article_AI
Posted - 3 months ago
$AOIFF Africa Oil assets all performing strongly, says Stifel Africa Oil Corp's (TSX:AOI) second-quarter update showed all its assets performing strongly, said Stifel, albeit impacted during the quarter by a planned 1-month maintenance at Akpo. “This business continues to generate good free cash; over the next 5 years, we forecast ~$800 million of free cash, which results in an EV payback period of ~6 years. https://www.stck.pro/news/AOIFF/87155083/
Article_AI
Posted - 3 months ago
$AOIFF Africa Oil to boost returns with Prime deal, ends 2Q with strong cash position Africa Oil Corp (TSX:AOI) ended the second quarter of 2024 on solid financial footing after announcing an agreement to consolidate its ownership in Prime, a collection of deep-water assets located offshore Nigeria. The consolidation of Prime is expected to enable direct control of cash flows, streamline business processes, and create a stronger upstream oil and gas company, according to Africa Oil CEO Roger Tucker. https://www.stck.pro/news/AOIFF/87151603/
Article_AI
Posted - 3 months ago
$AOIFF Buy Rating Affirmed: Africa Oil’s Robust Performance and Promising Cash Flow Prospects Africa Oil (AOIFF – Research Report), the Energy sector company, was revisited by a Wall Street analyst today. Analyst David Round from Stifel Nico... https://www.stck.pro/news/AOIFF/87136634/
Article_AI
Posted - 3 months ago
$AOIFF Africa Oil Strengthens Assets and Rewards Shareholders Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has reported a robust second quarter for 2024, with a significant financial highlight... https://www.stck.pro/news/AOIFF/87120908/
Article_AI
Posted - 3 months ago
$AOIFF Africa Oil Announces Q2 2024 Results Release Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. is set to release its second quarter 2024 financial and operating results on August 1... https://www.stck.pro/news/AOIFF/86783542/
PenkeTrading
Posted - 3 months ago
I found you an Oversold RSI (Relative Strength Index) on the daily chart of Africa Oil Corp. Is that bullish or bearish? $AOIFF #AOIFF #pink #tradingsignals #technicalanalysis
Article_AI
Posted - 07/31/24
$AOIFF Africa Oil Corp. Reports Share Capital Update Africa Oil (TSE:AOI) has released an update. Africa Oil Corp. has announced an update to its share capital and voting rights following the recent e... https://www.stck.pro/news/AOIFF/86438918/
info_is_key
Posted - 06/24/24
$AOIFF Jim's summary of this major news https://oilman.beehiiv.com/p/oilman-jims-letter-june-24-2024 Worth reading
FearIsTheMindKiller
Posted - 06/24/24
$AOIFF press release is out this morning announcing th acquisition of the of half of our Nigerian production assets. This will double our oil production and is being done via an all stock merger with BTG actual. Existing shareholders will own 65% of the merged company. A lot of other good info in the press release. My initial reaction is that I'm quite happy with the deal but have some questions. Management is hosting a call today at 9:00 am ET. A link to the press release is below.
Link: https://tools.eurolandir.com/tools/Pressreleases/GetPressRelease/?ID=5179926&lang=en-GB&companycode=ca-cxm&v=
info_is_key
Posted - 6 months ago
$AOIFF Solid share buyback in progress Jim's summary https://oilman.beehiiv.com/p/oilman-jims-letter-13-may-2024 Worth reading
FearIsTheMindKiller
Posted - 04/21/24
$AOIFF the Africa Oil townhall that occurred on 4/17/2024 is available via the link below. Nothing new but I thought management did a good job presenting. The actual presentation begins around the 50 minute mark. Link: https://vimeo.com/935013696/0eabd4bc15
mcr2285
Posted - 7 months ago
$AOIFF
FearIsTheMindKiller
Posted - 03/19/24
$AOIFF looks like a very good rate for buybacks. 165,000 per day in Stockholm and likely another 96,000 per day in Canada. That rate buys back about 14% of the shares outstanding per year.
I don't think they'll maintain this rate for very long but very nice for now.
SargeMaximus
Posted - 8 months ago
$AOIFF buybacks don’t seem to be doing much. Is this a sinking ship? What’s the deal?
FearIsTheMindKiller
Posted - 8 months ago
$AOIFF below is an interview with investor relations regarding the recent farmout on block 3B/4B. I really like how this deal turned out. Africa Oil got a good price and was able to retain 17% of their interest. The new operator (TotalEnergies) has experience in the Orange Basin which should increase the chance of exploration success. Link: https://www.youtube.com/watch?v=__AP30PRiC8
FearIsTheMindKiller
Posted - 02/27/24
$AOIFF the three negatives I see in the earnings are:
* No additional insight into the prospectivity of the Venus blocks. I didn't expect any clarity so not shock there.
* Production is expected to continue to fall into next year. Personally, I thought that it would level off due to the infill drilling campaign.
* Net debt increased again in 2024 despite not terribly high exploration and capital expenditure.
I think the second bullet is the biggie but still didn't justify the previous share price much less today's sell-off. Anyone see any other negatives that catches their eye?
tnynex13
Posted - 02/27/24
$AOIFF Down 13% early...ouch!