AOIFF Stock | | | USD 1.29 0.03 2.38% |
VP
Dr. Paul Martinez has served as Vice President Exploration of Africa Oil Corporationration since March 14, 2011. Dr. Martinez has over 23 years of international and domestic US experience in the oil industry. Prior to joining Africa Oil Corporationration Dr. Martinez was a Director of International Business Development with Occidental Petroleum Corporation and over a period of 18 years worked exploration projects in the Texas Gulf Coast, Permian Basin, Rockies, Latin America, the Middle East, Russia and Africa. He has held overseas management positions for Oxy in Libya, Oman and Peru. While serving as Director of Africa Exploration at Oxy Dr. Martinez led exploration efforts with a focus on East Africa, West Africa, and Libya. At Africa Oil CorporationrationDr. Martinez has directed exploration efforts in all of the Company assets in East Africa. Dr. Martinez holds a MS and Doctorate degrees in applied earth sciences from Stanford University and a BS degree in petroleum geology from the University of Texas at Austin since 2011.
Tenure | 13 years |
Phone | 604 689 7842 |
Web | https://www.africaoilcorp.com |
Martinez is based in Africa Oil Calgary office and is responsible for all geological and geophysical activities of the Company.
Africa Oil Management Efficiency
The company has return on total asset
(ROA) of
(0.0153) % which means that it has lost $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1823 %, meaning that it generated $0.1823 on every $100 dollars invested by stockholders. 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.
Africa Oil Corp has accumulated 23.19
M in total debt with debt to equity ratio
(D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. Africa Oil Corp has a current ratio of 18.21, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. 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.
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada. AFRICA OIL operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. Africa Oil Corp [AOIFF] is a
Pink Sheet which is traded between brokers over the counter.
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.
Africa Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Africa Pink Sheet
Africa Oil financial ratios help investors to determine whether Africa Pink Sheet 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.