Africa Oil Corp (AOIFF)

[douginil]

Africa Oil Corporation Is Repurchasing Its Stock, You Should To

Dec. 11, 2023 7:03 AM ETAfrica Oil Corp. (AOIFF) Stock, AOI:CA Stock3 Comments3 Likes

(From Seeking Alpha)

The Value Portfolio

Summary

- Africa Oil Corporation has a strong portfolio of assets and is debt-free with a cash balance of over $200 million.
- The company's core oil assets have a strong outlook, and it is part of the largest oil discovery of 2022.
- The company has the potential for strong cash flow and shareholder returns, but is at risk from weak crude oil prices.


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