1. Canada Stocks

  2. •

    Energy minerals

  3. •

    Oil & gas production
Africa Energy Corp.

Africa Energy Corp.

1.30
SEK
0.00
(0.00%)
-0.10EPS
630.10MMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
0.11
-4.77
-0.13
-0.08
-0.07
-0.12
-0.03
-0.02
0.08
-0.07
-0.43
-0.36
-0.01
-0.01
Free Cash Flow per Basic Share
-0.18
-0.14
-0.1
-0.1
-0.07
-0.04
-0.02
-0.02
-0.02
-0.01
-0.01
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.82
0.07
0.14
0.26
0.19
0.32
0.3
0.87
0.95
0.88
0.47
0.11
0.09
0.08
Tangible Book Value per Share
0.2
0.07
0.14
0.16
0.09
0.27
0.25
0.84
0.93
0.88
0.47
0.11
0.09
0.08
Basic Weighted Avg Shares
19
19
24
51
64
112
137
175
279
280
282
282
431
479
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
2
-92
-3
-4
-5
-13
-5
-4
22
-21
-120
-101
-5
-5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4
1
7
10
-2
3
2
18
9
4
2
-8
3
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
7
- -
- -
- -
Total Equity
93
1
7
17
12
44
41
242
266
249
132
32
41
40
Return on Invested Capital (%)
-2.06
- -
- -
- -
- -
- -
- -
- -
-2.16
- -
- -
- -
- -
- -
Return on Capital (%)
2.4
- -
- -
- -
- -
- -
- -
- -
8.49
- -
- -
- -
- -
- -
Return on Common Equity (%)
2.4
-195.15
-78.53
-35.73
-32.95
-46.45
-10.55
-3.01
8.49
-8.07
-62.89
-122.88
-13.63
-11.36

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
479
479
479
Market Capitalization
47
104
65

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3
3
2
Cash, Cash Equivalents & STI
3
3
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
76.83%
-18.31%
27.87%
Free Cash Flow
6.16%
-3.7%
66.22%
Net Income, GAAP
-28.76%
-87.32%
-95.07%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.17
-0.1
- -
-0.36
2025
- -
- -
- -
-0.01
-0.01
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
James Robert Nicolella
Full Time Employees
6
Sector
Energy minerals
Industry
Oil & gas production
Address
Park Place Vancouver BC Canada V6C 2X8
IPO Date
Jan 3, 2012
Website
africaenergycorp.com
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Business
Africa Energy Corp. is a Canadian oil and gas exploration company focused on high-impact offshore opportunities in South Africa. The company holds an approximate 49% interest in the common shares and 100% of the Class B shares of Main Street 1549 Proprietary Limited, which owns a 10% participating interest in Block 11B/12B offshore South Africa; it anticipates increasing to a 75% direct interest in Block 11B/12B following regulatory approvals for partner withdrawals and Main Street restructuring announced in May 2025. Africa Energy's core activities center on gas condensate development and exploration in Block 11B/12B, with technical work advancing on development scenarios and early stakeholder engagements for gas offtake; it is also pursuing environmental authorization as a prerequisite for a production right. Founded as Horn Petroleum Corporation and renamed Africa Energy Corp. in March 2015, the Vancouver-headquartered firm lists on the TSX Venture Exchange (AFE) and Nasdaq First North Growth Market (AEC). Recent developments include a non-brokered private placement and shares-for-debt transaction completed March 31, 2025, boosting cash to $3.8 million and working capital to $3.7 million as of September 30, 2025; an extension of its Environmental and Social Impact Assessment submission deadline to May 2026 amid a Western Cape High Court ruling on unrelated offshore operations; and the approval of 120,000 incentive stock options in November 2025.

Company News

Company News APIChatGPT

  • seekingalpha.com

    Africa Energy Corp. (HPMCF) Q2 2024 Earnings Call Transcript

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    Africa Energy Talks With Insiders - What Is Next?

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    Africa Energy: A New Lundin Group Venture That Is Worth Looking At

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    Orange Basin Is The New Guyana: Buy Africa Oil Stock To Profit From The Basin Opening

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    Africa Oil: Too Cheap To Ignore

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    Giant Hydrocarbons Discovery By Total And Africa Energy Better Than Expected