Africa Oil: Q4 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Africa Oil Corp. (AOIFF) on Monday reported a fourth-quarter loss of $182.2 million, after reporting a profit in the same period a year earlier.

The Vancouver, British Columbia-based company said it had a loss of 39 cents per share.

For the year, the company reported a loss of $60.3 million, or 13 cents per share, swinging to a loss in the period.

The company’s shares closed at $2.12. A year ago, they were trading at $2.17.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOIFF at https://www.zacks.com/ap/AOIFF

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