
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$2.83 – an increase of 1.07% 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
- Open a stock trading account. Use our comparison table or choose from our Top Picks.
- Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
- Search for the stock by name or ticker symbol – AOI. It's that simple.
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What's in this guide?
- Can I buy shares in Africa Oil?
- Has coronavirus impacted Africa Oil shares?
- Africa Oil shares summary
- Compare share dealing platforms
- Is Africa Oil stock a buy or sell?
- Africa Oil performance over time
- Are Africa Oil shares over-valued?
- Africa Oil's financials
- How volatile are Africa Oil shares?
- Does Africa Oil pay a dividend?
- Have Africa Oil shares ever split?
- Other common questions
Africa Oil stock price (TO:AOI)
Use our graph to track the performance of AOI stocks over time.Africa Oil shares at a glance
Latest market close | C$2.83 |
---|---|
52-week range | C$1.68 - C$3.44 |
50-day moving average | C$2.96 |
200-day moving average | C$2.52 |
Wall St. target price | C$3.53 |
PE ratio | 6.8222 |
Dividend yield | C$0 (2.23%) |
Earnings per share (TTM) | C$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$2.83 from 2023-01-27
1 week (2023-01-24) | 1.07% |
---|---|
1 month (2022-12-30) | 13.65% |
3 months (2022-10-31) | -15.27% |
6 months (2022-07-29) | 19.41% |
1 year (2022-01-31) | 36.06% |
---|---|
2 years (2021-01-29) | 148.25% |
3 years (2020-01-31) | 106.57% |
5 years (2018-01-31) | 89.93% |
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 | C$1.5 billion |
TTM: trailing 12 months
Africa Oil share dividends
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 30 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 8 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 22 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".
Beta 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.
Africa Oil in the news
AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM
AFRICA OIL ANNOUNCES RESULTS OF SHARE BUYBACK PROGRAM
PRODUCTION AND OPERATIONAL UPDATE
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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