Africa Oil Corp
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | - | - | - | - | 56.0m | 133m | 93.9m |
% growth | - | - | - | - | - | 138 % | (30 %) |
EBITDA | 229m | 209m | 114m | 157m | 26.0m | 106m | 67.9m |
% EBITDA margin | - | - | - | - | 46 % | 80 % | 72 % |
Profit | (17.6m) | 191m | (60.3m) | 87.1m | 47.4m | 129m | 157m |
% profit margin | - | - | - | - | 85 % | 96 % | 167 % |
EV / revenue | - | - | - | - | 8.8x | 3.0x | 4.1x |
EV / EBITDA | 2.3x | 2.9x | 5.8x | 4.1x | 18.9x | 3.8x | 5.7x |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
$100m | Post IPO Equity | ||
Total Funding | - |
Recent News about Africa Oil Corp
EditAfrica Oil Corp. is a Canadian oil and gas exploration company with a diverse portfolio of producing and development assets in deepwater Nigeria, as well as exploration assets in Namibia, South Africa, and Equatorial Guinea. The company serves clients in the energy sector, focusing on both upstream activities, which include the exploration and production of oil and gas, and downstream activities, which involve the processing and distribution of these resources. Operating primarily in the African market, Africa Oil Corp. aims to be a full-cycle oil exploration and production growth vehicle, integrating sustainability considerations throughout its decision-making and operational management processes. The company generates revenue through the sale of oil and gas produced from its assets, as well as through strategic partnerships and joint ventures. Africa Oil Corp. is committed to supporting the transition to a less carbon-intensive business model, working closely with partners to achieve this goal.
Keywords: oil exploration, gas production, deepwater assets, Nigeria, Namibia, South Africa, Equatorial Guinea, sustainability, energy sector, upstream activities, downstream activities.