
Africa Oil Corp
TSX:AOI

Gross Margin
Africa Oil Corp
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 Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
![]() |
Africa Oil Corp
TSX:AOI
|
1.1B CAD |
17%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
119.9B USD |
48%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
712.9B CNY |
49%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
90.2B CAD |
50%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
65.3B USD |
61%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
41.5B USD |
71%
|
|
US |
V
|
Venture Global Inc
NYSE:VG
|
36.7B USD |
67%
|
|
AU |
![]() |
Woodside Energy Group Ltd
ASX:WDS
|
49.7B AUD |
43%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
31.3B USD |
73%
|
Africa Oil Corp
Glance View
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.
See Also
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.
Based on Africa Oil Corp's most recent financial statements, the company has Gross Margin of 17.2%.