Africa Oil Corp. (AOIFF)
OTC PINK OTC PINK Primary 
Africa Oil Corp. (AOIFF) Q3 2024 Earnings Call Transcript
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 Officer Pascal Nicodeme - Chief Financial Officer Oliver Quinn - Chief Commercial Officer Conference Call Participants Jeff Robertson - Water Tower Research David Round - Stifel Matt Cooper - Barclays Operator Hello, everyone. My name is Nadia, and I will be your conference operator today.
Africa Oil: A Strong Buy With Positive News Flows And De-Risked 11.6% Dividend Yield
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 will double production, enabling 11.63%-yielding dividends. Nigerian regulatory approval of the Prime consolidation and the 20-year PML-52 extension de-risk these dividends for the foreseeable future. In this article, I argue that AOIFF's recent pullback has made the stock deeply undervalued, with around 100% upside. A series of near-term catalysts, along with an expected tripling.
Africa Oil Prime consolidation plan cleared by Nigerian regulator
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.à r.l. This transaction will allow Africa Oil to consolidate its 100% ownership of Prime Oil & Gas Coöperatief U.A.
Africa Oil: Simplifying The Balance Sheet While Reducing Cash Needs
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 campaign.
Africa Oil Corp., Buy The Dip
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 buybacks and holds 25% of its market cap in cash, ensuring robust shareholder returns. Strategic decisions, including consolidating Prime Oil and Gas and farm-down transactions, will enhance future growth and cash flow.
Africa Oil Corp. (AOIFF) Q2 2024 Earnings Call Transcript
Africa Oil Corp. (AOIFF) Q2 2024 Earnings Call Transcript
Africa Oil Corporation Plans To Bump Its Yield Past 8%
Africa Oil Corporation has a single producing asset in Prime Oil and Gas, which is being consolidated to enable strong shareholder returns. The company has revamped its strategy to focus on growth potential, including farm downs, equity investments, dividends, and share buybacks. Africa Oil Corporation's assets in Nigeria have strong production potential, with plans for substantial shareholder returns through dividends and buybacks.
Africa Oil Corp. (AOIFF) Q1 2024 Earnings Call Transcript
Africa Oil Corp. (OTCPK:AOIFF) Q1 2024 Earnings Conference Call May 16, 2024 9:00 AM ET Company Participants Shahin Amini - IR Manager Roger Tucker - President and CEO Pascal Nicodeme - CFO Oliver Quinn - Chief Commercial Officer Conference Call Participants Teodor Sveen-Nilsen - SB1M Operator Hello, everyone. My name is Sharon, and I will be your conference operator today.
