Africa Oil Corp
TSX:AOI

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Africa Oil Corp
TSX:AOI
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Price: 1.68 CAD -0.59% Market Closed
Market Cap: 1.1B CAD

Gross Margin
Africa Oil Corp

17.2%
Current
1%
Average
33.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
17.2%
=
Gross Profit
13.1m
/
Revenue
76.4m

Gross Margin Across Competitors

Africa Oil Corp
Glance View

Market Cap
1.1B CAD
Industry
Energy

Africa Oil Corp. is an oil and gas company, which engages in the exploration of oil and gas properties. The company is headquartered in Vancouver, British Columbia and currently employs 22 full-time employees. The firm offers producing and development assets in deep-water offshore Nigeria, and development assets in Kenya. The firm also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa and in the Senegal Guinea Bissau Joint Development Zone (AGC). The firm holds its interests through direct ownership interests and through its shareholding companies, including Prime Oil & Gas Cooperatief U.A., Africa Energy Corp., Eco (Atlantic) Oil & Gas Ltd. and Oil and Gas Ltd. The firm has explored on various onshore exploration blocks in East Africa and has made oil discoveries in the South Lokichar Basin located in the Tertiary Rift trend in Kenya.

AOI Intrinsic Value
HIDDEN
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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
17.2%
=
Gross Profit
13.1m
/
Revenue
76.4m
What is the Gross Margin of Africa Oil Corp?

Based on Africa Oil Corp's most recent financial statements, the company has Gross Margin of 17.2%.

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