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Buy AOIFF
$1.79
+0 (+0%)
At Close: Jun 22, 2026
Africa Oil Boosts Stake in Prospective Orange Basin Block to 18%
09:55am, Thursday, 16'th Jan 2025
AOIFF completes a transaction with Eco (Atlantic) Oil & Gas to raise its stake in Block 3B/4B in the Orange Basin offshore South Africa to 18%.
Our Top Oil Pick For 2025 Is Buying Back Shares
05:04am, Monday, 13'th Jan 2025
Africa Oil Corporation's share repurchase program aims to reduce outstanding shares by 6% annually, enhancing shareholder value alongside a robust dividend policy. The company is expanding through str
Eco Atlantic Oil & Gas completes Africa Oil transaction
03:16am, Monday, 13'th Jan 2025
Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) has completed its transaction with Africa Oil Corp (TSX:AOI), which saw the sale of 1% of Block 3B/4B. The AIM-quoted firm's stake has reduced to 5.25
Africa Oil complete acquisition to increase stake in Impact
11:48am, Thursday, 21'st Nov 2024
Africa Oil Corp (TSX:AOI) announced the completion of a strategic acquisition, raising its stake in Impact Oil and Gas Limited to 39.5% on a fully diluted basis. In the deal it purchased an additional
Africa Oil's Q3 2024: A Strong Quarter Signals Impending Share Price Recovery
08:48am, Wednesday, 20'th Nov 2024
Africa Oil's Q3 2024 net loss of US$289.2 million was due to a non-cash impairment; adjusted net income was US$25.3 million, with strong EBITDAX and free cash flow. Production increased by 13.3% in Q3
Africa Oil Corp.: Strategic Acquisition Driving High-Yield Potential
04:43am, Monday, 18'th Nov 2024
Africa Oil Corp.'s acquisition of Prime Oil and Gas will double FCF and provide substantial shareholder returns, with a combined market cap of $875 million. AOIFF has a strong portfolio, including a 3
Africa Oil Corp. (AOIFF) Q3 2024 Earnings Call Transcript
02:04pm, Friday, 15'th Nov 2024
Africa Oil Corp. (OTCPK:AOIFF) Q3 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Shahin Amini - Investor Relations Manager Roger Tucker - President and Chief Executive
Africa Oil valuation is an opportunity ahead of cash-flow boost and renewed exploration - broker
04:18am, Friday, 15'th Nov 2024
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
Africa Oil to complete Prime deal ahead of schedule, reports Q3 production and cash flow gains
08:51am, Thursday, 14'th Nov 2024
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.
Africa Oil: A Strong Buy With Positive News Flows And De-Risked 11.6% Dividend Yield
04:41am, Wednesday, 06'th Nov 2024
The completion of the farm-down of Impact's interest in Namibian blocks 2912/2913B cleared the path for Africa Oil to complete its consolidation of Prime Oil & Gas in Nigeria. Owning 100% of Prime wil
Africa Oil announces 20-year renewal of key Nigerian license
09:12am, Friday, 01'st Nov 2024
Africa Oil Corp (TSX:AOI) announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed Petroleum Mining Lease 52 (PML 52) for 20 years effective from November 24, 2024
Africa Oil Prime consolidation plan cleared by Nigerian regulator
09:38am, Thursday, 31'st Oct 2024
Africa Oil Corp (TSX:AOI) announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the amalgamation of its subsidiary Africa Oil Papa Corp with BTG Pactual Holding S
Africa Oil shareholders back Prime consolidation at special meeting
08:27am, Wednesday, 16'th Oct 2024
Africa Oil Corp (TSX:AOI) announced that its shareholders have overwhelmingly approved the resolution to consolidate 100% ownership of Prime Oil & Gas Coöperatief U.A. (Prime) in Africa Oil.
Africa Oil: Simplifying The Balance Sheet While Reducing Cash Needs
07:22pm, Friday, 13'th Sep 2024
Africa Oil should grow tremendously over the coming 10 years. Africa Oil consolidates Prime Oil & Gas ownership. The second quarter results show an interruption in production due to the drilling campa
Africa Oil Corp., Buy The Dip
12:26pm, Tuesday, 03'rd Sep 2024
Africa Oil Corp., with a market cap under $700 million, has a strong cash flow and asset portfolio, making it a solid long-term investment. The company has spent over $50 million on dividends and buyb
