Africa Oil is an oil & gas e&p business based in Canada. Africa Oil stocks (AOI.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$3.07 – a decrease of 11.55% over the previous week. Africa Oil employs 0 staff and has a trailing 12-month revenue of around C$143.6 million.
How to buy Africa Oil stock
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Buy Africa Oil stock. Search for the stock by name or ticker symbol – AOI.
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Africa Oil stock price (TO:AOI)
Use our graph to track the performance of AOI stocks over time.
Africa Oil shares at a glance
Information last updated 2022-11-18.Latest market closeC$2.9152-week rangeC$1.68 – C$3.4450-day moving average more info buttonC$2.96200-day moving average more info buttonC$2.52Wall St. target priceC$3.53PE ratio more info button6.8222Dividend yield more info buttonC$0 (2.23%)Earnings per share (TTM) more info buttonC$0.45
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Africa Oil stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Africa Oil price performance over time
Historical closes compared with the close of C$2.91 from 2022-11-18
1 week (2022-11-11)
-11.55%
1 month (2022-10-19)
-9.06%
3 months (2022-08-19)
17.81%
6 months (2022-05-19)
18.29%
1 year (2021-11-19)
53.16%
2 years (2020-11-19)
159.82%
3 years (2019-11-19)
136.59%
5 years (2017-11-17)
94.00%
Is Africa Oil under- or over-valued?
Valuing Africa Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Africa Oil’s overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Africa Oil’s P/E ratio
Africa Oil’s current share price divided by its per-share earnings (EPS) over a 12-month period gives a “trailing price/earnings ratio” of roughly 7x. In other words, Africa Oil shares trade at around 7x recent earnings.
Africa Oil’s PEG ratio
Africa Oil’s “price/earnings-to-growth ratio” can be calculated by dividing its P/E ratio by its growth – to give 1.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Africa Oil’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies.
Africa Oil’s EBITDA
Africa Oil’s EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$197.6 million.
The EBITDA is a measure of a Africa Oil’s overall financial performance and is widely used to measure a its profitability.
Africa Oil financials
Revenue TTM
C$143.6 million
Operating margin TTM
82.47%
Gross profit TTM
C$226.9 million
Return on assets TTM
7.17%
Return on equity TTM
18.23%
Profit margin
123.14%
Book value
C$2.19
Market capitalisation more info button
C$1.5 billion
TTM: trailing 12 months
Africa Oil share dividends
18%Dividend payout ratio: 17.96% of net profits
Recently Africa Oil has paid out, on average, around 17.96% of net profits as dividends. That has enabled analysts to estimate a “forward annual dividend yield” of 2.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Africa Oil shareholders could enjoy a 2.23% return on their shares, in the form of dividend payments. In Africa Oil’s case, that would currently equate to about C$0 per share.
While Africa Oil’s payout ratio might seem low, this can signify that Africa Oil is investing more in its future growth.
Africa Oil’s most recent dividend payout was on 29 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 7 September 2022 (the “ex-dividend date”).
Have Africa Oil’s shares ever split?
Africa Oil’s shares were split on a 1:5 basis on 21 September 1999. So if you had owned 5 shares the day before before the split, the next day you’d have owned 1 share. This wouldn’t directly have changed the overall worth of your Africa Oil shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Africa Oil shares which in turn could have impacted Africa Oil’s share price.
Africa Oil share price volatility
Over the last 12 months, Africa Oil’s shares have ranged in value from as little as C$1.6821 up to C$3.44. A popular way to gauge a stock’s volatility is its “beta”.
AOI.TO volatility(beta: 1.63)Avg. volatility(beta: 1.00)LowHighBeta is a measure of a share’s volatility in relation to the market. The market (TO average) beta is 1, while Africa Oil’s is 1.6335. This would suggest that Africa Oil’s shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Africa Oil overview
Africa Oil Corp. , together with its subsidiaries, operates as an oil and gas exploration and development 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 assets in Guyana, Kenya, Namibia, Nigeria, South Africa, Ethiopia, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp.
Frequently asked questions
What percentage of Africa Oil is owned by insiders or institutions?
Currently 15.274% of Africa Oil stocks are held by insiders and 3.053% by institutions.
When does the fiscal year end for Africa Oil?
Africa Oil’s fiscal year ends in December.
Where is Africa Oil based?
Africa Oil’s address is: 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
What is Africa Oil’s ISIN number?
Africa Oil’s international securities identification number is: CA00829Q1019
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