Africa Oil Corp trades with the ticker AOI on the TSX and is in the Oil & Gas E&P industry.
Overview
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/appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and 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. was incorporated in 1983 and is headquartered in Vancouver, Canada.
Looking to invest in Africa Oil Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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AOI.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $959.473MM
PE Ratio: 8.708
Price: 2.09 (Updated: 3/12/2024 0:47:16)
Africa Oil Corp (AOI) vs Competitors in Oil & Gas E&P
Lets see how AOI.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd, BNK Petroleum Inc
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Africa Oil Corp (AOI) vs Advantage Oil & Gas Ltd (AAV)
- AAV has higher EPS (0.59 vs 0.24). AOI provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 8.708) indicating it’s more expensive.
- Africa Oil Corp (AOI) vs ARC Resources Ltd (ARX)
- ARX has higher EPS (2.61 vs 0.24). AOI has higher dividend yield (3.2% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 8.708) indicating it’s more expensive.
- Africa Oil Corp (AOI) vs Athabasca Oil Corporation (ATH)
- AOI has higher EPS (0.24 vs -0.09). AOI provides dividends, while ATH does not. ATH has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
- Africa Oil Corp (AOI) vs Birchcliff Energy Ltd (BIR)
- BIR has higher EPS (0.32 vs 0.24). BIR has higher dividend yield (7.2% vs 3.2%). BIR has a higher P/E ratio (17.25 vs 8.708) indicating it’s more expensive.
- Africa Oil Corp (AOI) vs BNK Petroleum Inc (BKX)
- AOI has higher EPS (0.24 vs 0.03). AOI has higher dividend yield (3.2% vs 0.0%). AOI has a higher P/E ratio (8.708 vs 1.732) indicating it’s more expensive.
Our Recommendation: Hold
Has a lower P/E ratio (8.71) than the industry average (9.55), indicating potential undervaluation.
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