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Companies Energy AFE.V
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AFE.V TSX Venture Oil & Gas Exploration and Production

Africa Energy Corp.

$0,20
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Mcap
93,4M CAD
P/E
EV / Rev
Div yield
Op margin
ROE
-12,1 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

AFE.V is an energy company engaged in oil and gas exploration and production, generating revenue primarily through the extraction and sale of hydrocarbons.

Business. AFE.V is an oil and gas exploration and production company listed on the TSX Venture Exchange under the ticker AFE.V. The firm operates within the Energy - Fossil Fuels sector, focusing on upstream activities in the Oil & Gas Exploration and Production industry. Specific details regarding operating segments, headquarters location, and geographic presence are not available in the provided data.

Classification92 %
SectorEnergy
Business sectorEnergy - Fossil Fuels
IndustryOil & Gas Exploration and Production
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-12,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

3
  • MARKETSNigeria launches 12-month oil and gas training for 300 workers2026-07-18
  • MARKETSRenaissance Africa Energy Announces Offshore Oil Discovery in Nigeria2026-07-09
  • ENERGYWorld Bank and AfDB report 50 million new electricity connections in Africa2026-06-24
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy · THIS SECTOR+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to AFE.V. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Africa Energy Corp. (AFE.V) is currently undergoing its initial analysis, meaning there is no prior baseline to compute material changes or identify specific shifts in corporate activity. Consequently, no significant events, operational updates, or strategic pivots have been recorded for the company during the recent observation period. The available data indicates a lack of active market engagement or analyst coverage. The company currently has zero officers, analysts, index memberships, and top holders listed in the profile, suggesting a limited public footprint or early-stage reporting status. News dispatch activity has been minimal, with only isolated instances of coverage recorded on June 24, 2026, and July 9, 2026. The sentiment for these dispatches is not specified, and no other news activity was detected between these dates or in the surrounding period. Given the absence of material changes, watcher signals, or cross-source signals, there is no immediate catalyst to drive investor attention. The lack of analyst estimates and financial history further underscores the limited availability of fundamental data for assessment at this time.

    Signals & dispatch

    peak dispatch · 2026-07-09

    Composite-score breakdown

    Synthesis

    Business

    AFE.V is an oil and gas exploration and production company listed on the TSX Venture Exchange under the ticker AFE.V. The firm operates within the Energy - Fossil Fuels sector, focusing on upstream activities in the Oil & Gas Exploration and Production industry. Specific details regarding operating segments, headquarters location, and geographic presence are not available in the provided data.

    Classification92 %
    SectorEnergy
    Business sectorEnergy - Fossil Fuels
    IndustryOil & Gas Exploration and Production
    AI synthesis
    GENERATED

    AFE.V's capital structure is characterized by a high proportion of equity, with total equity of $40.82 million and no long-term debt, resulting in a debt-to-equity ratio of 0.0. The company's liquidity position is strong, as evidenced by a current ratio of 10.35 and cash and equivalents of $3.16 million. However, the company's valuation metrics indicate a price-to-book ratio of 2.58, suggesting that the market is valuing the company at a premium to its book value.

    Profitability metrics for AFE.V are negative, with a return on equity of -12.14% and a return on assets of -12.05%. The company reported a net loss of $4.96 million and an operating loss of $4.77 million in the latest period, indicating a significant underperformance relative to industry norms. The negative EBITDA multiple of -21.43 further underscores the company's unprofitability.

    AFE.V's revenue concentration is not disclosed in the available data, but the company's operations are likely concentrated in the energy sector, given its classification and business activity. The company's exposure to geographic and market risks is not quantified in the provided data, but its operations are subject to the volatility inherent in the oil and gas exploration and production industry.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided. The latest actual EPS was -0.01 USD, indicating a continued loss per share. The absence of positive earnings and the negative operating cash flow of -$1.85 million suggest that the company is not currently generating sufficient cash to sustain operations without external financing.

    Risk factors for AFE.V include the company's negative profitability and the potential for continued losses, which could necessitate additional financing. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. However, the company's negative free cash flow of -$4.96 million and the absence of long-term debt suggest that the company may need to raise additional capital to fund operations.

    Recent events for AFE.V include the reporting of a net loss and an operating loss in the latest financial period. The company's financial performance has not improved, as indicated by the negative EPS and the absence of positive cash flow from operations. The company's financial health is further compromised by the negative return on equity and assets, which are key indicators of financial performance.

    Africa Energy Corp. (AFE.V) is currently undergoing its initial analysis, meaning there is no prior baseline to compute material changes or identify specific shifts in corporate activity. Consequently, no significant events, operational updates, or strategic pivots have been recorded for the company during the recent observation period. The available data indicates a lack of active market engagement or analyst coverage. The company currently has zero officers, analysts, index memberships, and top holders listed in the profile, suggesting a limited public footprint or early-stage reporting status. News dispatch activity has been minimal, with only isolated instances of coverage recorded on June 24, 2026, and July 9, 2026. The sentiment for these dispatches is not specified, and no other news activity was detected between these dates or in the surrounding period. Given the absence of material changes, watcher signals, or cross-source signals, there is no immediate catalyst to drive investor attention. The lack of analyst estimates and financial history further underscores the limited availability of fundamental data for assessment at this time.

    Key takeaways
    • AFE.V is an energy company with a high equity position and no long-term debt.
    • The company is currently unprofitable, with negative returns on equity and assets.
    • AFE.V's liquidity position is strong, but its profitability is a significant concern.
    • The company's growth trajectory is uncertain, with no positive earnings reported.
    • Risk factors include the need for additional financing and the potential for continued losses.
    • margin_outlook_rationale: The company's negative operating income and net income suggest a deteriorating margin outlook driven by operational inefficiencies and market conditions.
    • rd_outlook_rationale: No specific R&D outlook is provided, but the company's focus on exploration and production implies ongoing investment in resource discovery.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $0,20
    Market cap
    $105.4M
    Enterprise value
    $102.3M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    2.6x
    P / Tangible book
    2.6x
    Tangible book
    $40.8M
    Net cash
    $3.2M
    Current ratio
    10.3
    Debt / equity
    0.0
    ROA
    -12.0%
    ROE
    -12.1%
    Cash conversion
    37.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE-12,1 %Below median
    D/E0,00Above median
    Cash Conv0,37Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    Source documents
    • AFE.V Market data — financials · 2026-05-27
    • Africa Energy Corp Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AFE.VCanonical
    TSX Venture · CAD

    Intel & risk

    peak dispatch · 2026-07-09
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage