Craig Knight - Africa Oil Chief Officer

AOI Stock  CAD 2.07  0.04  1.97%   

Insider

Craig Knight is Chief Officer of Africa Oil Corp
Address 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
Phone604-689-7842
Webhttps://www.africaoilcorp.com

Africa Oil Management Efficiency

The company has return on total asset (ROA) of (0.0186) % which means that it has lost $0.0186 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0422) %, meaning that it generated substantial loss on money invested by shareholders. Africa Oil's management efficiency ratios could be used to measure how well Africa Oil manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Africa Oil's Return On Tangible Assets are very stable compared to the past year. As of the 24th of November 2024, Return On Assets is likely to grow to 0.000095, while Return On Capital Employed is likely to drop 0.09. At this time, Africa Oil's Non Currrent Assets Other are very stable compared to the past year. As of the 24th of November 2024, Return On Tangible Assets is likely to grow to 0.000095, while Total Assets are likely to drop about 541.3 M.
Africa Oil Corp has accumulated 71.6 M in total debt with debt to equity ratio (D/E) of 0.3, which may suggest the company is not taking enough advantage from borrowing. Africa Oil Corp has a current ratio of 1.89, which is within standard range for the sector. Debt can assist Africa Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Africa Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Africa Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Africa to invest in growth at high rates of return. When we think about Africa Oil's use of debt, we should always consider it together with cash and equity.

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Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. AFRICA OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. Africa Oil Corp (AOI) is traded on Toronto Exchange in Canada and employs 23 people. Africa Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Africa Oil Corp Leadership Team

Elected by the shareholders, the Africa Oil's board of directors comprises two types of representatives: Africa Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Africa. The board's role is to monitor Africa Oil's management team and ensure that shareholders' interests are well served. Africa Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Africa Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Oliver Quinn, Senior Officer
Erin Johnston, Independent Director
Kevin Hisko, Corporate Secretary
Kylie Litchfield, Group Controller
Timothy Thomas, Chief Operating Officer
Joanna Kay, General Secretary
Pascal Nicodeme, Chief Financial Officer
Craig Knight, Chief Officer
Paul Martinez, Vice President - Exploration
Rashida McLean, Corp Sec
Andrew Bartlett, Independent Director
Ian Gibbs, Chief Financial Officer, Director
Keith Hill, President, Chief Executive Officer, Director
Mark Dingley, Vice President - Operations
John Craig, Independent Chairman of the Board
Shahin Amini, Investor Manager
Gary Guidry, Independent Director
Kimberley Wood, Independent Director
Bryan Benitz, Independent Director
Amy Bowe, VP ESG
Roger Tucker, CEO President

Africa Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Africa Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Africa Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Africa Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Africa Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against Africa Stock

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The ability to find closely correlated positions to Africa Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Africa Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Africa Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Africa Oil Corp to buy it.
The correlation of Africa Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Africa Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Africa Oil Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Africa Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Africa Stock

Africa Oil financial ratios help investors to determine whether Africa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Oil security.