This summary was created by AI, based on 4 opinions in the last 12 months.
The experts have mixed opinions about Africa Oil Corp. While some are disappointed with the delay in maturing Kenyan assets and the retirement of the CEO, others still see potential in the company's operations in Nigeria, Namibia, South Africa, and Guyana. There is concern about funding in Kenya and political risk in Nigeria, but overall, the company has shown strong performance in recent years.
He trimmed. Notes with some trepidation the retirement of the CEO, who is a personal friend. Amazing performer based on Nigerian assets. Exposes you to some political risk.
Sold Kenyan operations, but still active in Nigeria, Namibia, South Africa, and Guyana. He'd still recommend it for people who enjoy global exploration risk/reward. If you're looking for dividends, stick with conventional oil/gas.
Recent success a bright spot for oil companies.
Delay in Nigeria drilling a concern.
Funding concern in Kenya will determine outcome for the business.
Wonderful performance the past few years.
Had a Short position on this for a while. Located in Kenya, Ethiopia and Somalia. Shorted this because it is a new basin so there is a question of valuation and tends to be a bit too frothy expectation. It will take them a while to deliver any meaningful production, possibly 2018, at the earliest. Thinks there could be significant weakness in the share price going ahead.
They did what they said they would do. Crazy big wells. There is no infrastructure near these wells. The stock could double, but there is political risk and no infrastructure.
Based in Kenya and South Sudan. Drilling expensive wells. Spent a lot of money. You won’t see production until 2020-2022. He is short but would buy on positive news.
Have been some major discoveries hear their area. The hit more water than they expected to. Longer term this is probably a very good story. People are taking a breather. Not a bad entry point.
Africa Oil Corp. is a Canadian stock, trading under the symbol AOI-T on the Toronto Stock Exchange (AOI-CT). It is usually referred to as TSX:AOI or AOI-T
In the last year, 4 stock analysts published opinions about AOI-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Africa Oil Corp..
Africa Oil Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Africa Oil Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Africa Oil Corp. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Africa Oil Corp. (AOI-T) stock closed at a price of $2.36.
Disappointed that their Kenyan assets have taken longer to mature. They continue to do well in Nigeria though. Troubling though not surprising is their CEO/founder retiring. He remains long.