Africa Oil Corp.

AOI-T

Analysis and Opinions about AOI-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
November 6, 2019
Oil and Africa are both out of favour, so that's why he likes AOI. There's a LOT of political risk here, Kenya, but a billion barrels were discovered her which will reach markets in 2-3 years. They just did a $1.6 billion acquisition offshore Nigeria. A contrarian play. Be patient with this and avoid the headlines. (Analysts’ price target is $1.96)
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Africa Oil Corp. (AOI-T)
November 6, 2019
Oil and Africa are both out of favour, so that's why he likes AOI. There's a LOT of political risk here, Kenya, but a billion barrels were discovered her which will reach markets in 2-3 years. They just did a $1.6 billion acquisition offshore Nigeria. A contrarian play. Be patient with this and avoid the headlines. (Analysts’ price target is $1.96)
COMMENT
COMMENT
December 16, 2013

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.

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Africa Oil Corp. (AOI-T)
December 16, 2013

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.

HOLD
HOLD
November 19, 2013

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.

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Africa Oil Corp. (AOI-T)
November 19, 2013

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.

SHORT
SHORT
September 18, 2013

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.

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Africa Oil Corp. (AOI-T)
September 18, 2013

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.

BUY
BUY
July 30, 2012

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.

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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.

DON'T BUY
DON'T BUY
June 10, 2010
Not many riskier places in the world to be in.
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Not many riskier places in the world to be in.
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Africa Oil Corp.(AOI-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Africa Oil Corp. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Africa Oil Corp.(AOI-T) Frequently Asked Questions

What is Africa Oil Corp. stock symbol?

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

Is Africa Oil Corp. a buy or a sell?

In the last year, there was no coverage of Africa Oil Corp. published on Stockchase.

Is Africa Oil Corp. a good investment or a top pick?

Africa Oil Corp. was recommended as a Top Pick by Rick Rule on 2019-11-06. Read the latest stock experts ratings for Africa Oil Corp..

Why is Africa Oil Corp. stock dropping?

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.

Is Africa Oil Corp. worth watching?

0 stock analyst on Stockchase covered Africa Oil Corp. In the last year. It is a trending stock that is worth watching.

What is Africa Oil Corp. stock price?

On 2020-04-03, Africa Oil Corp. (AOI-T) stock closed at a price of $0.99.