Africa Oil Corp expected to post breakeven results a share - Earnings Preview

Meren Energy

05/08/2023 03:14

* Africa Oil Corp  AOI.TO   is expected to show a rise in
quarterly revenue when it reports  results on August 8
(estimated). 
    * The Vancouver British Columbia-based  company is expected
to
report revenue of $19 million, according to the mean estimate
from 2 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Africa Oil Corp is
for
breakeven results per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the oil & gas
exploration and production peer group is  "Buy".​
    * Wall Street's median 12-month price target for Africa Oil
Corp
is SEK30​, above​ its last closing price of C$3.17. ​​​

This summary was machine generated August 5 at 02:14 GMT.  All
figures in US dollars  unless otherwise stated