Erin Johnston - Africa Oil Independent Director
| AOI Stock | CAD 2.07 0.04 1.97% |
Insider
Erin Johnston is Independent Director of Africa Oil Corp since 2019.
| Tenure | 5 years |
| Address | 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8 |
| Phone | 604-689-7842 |
| Web | https://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.Similar Executives
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Management Performance
| Return On Equity | -0.0422 | ||||
| Return On Asset | -0.0186 |
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.
| Return On Equity | -0.0422 | ||||
| Return On Asset | -0.0186 | ||||
| Operating Margin | (1.07) % | ||||
| Current Valuation | 731.3 M | ||||
| Shares Outstanding | 442.84 M | ||||
| Shares Owned By Insiders | 15.57 % | ||||
| Shares Owned By Institutions | 15.34 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | (38.75) X | ||||
| Price To Book | 1.20 X |
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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| 0.35 | SAGE | Sage Potash Corp | PairCorr |
| 0.31 | ENB-PFV | Enbridge Pref 5 | PairCorr |
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.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.