Afentra Expands Angolan Portfolio with Strategic Acquisitions and Operatorship

An announcement from Afentra ( (GB:AET) ) is now available.

Afentra plc announced its half-year results for 2025, highlighting significant strategic progress in expanding its portfolio in Angola. The company signed agreements to increase its interests in Blocks 3/05 and 3/05A and was awarded its first offshore operatorship in Block 3/24. Afentra reported stable production and financial performance, with a 140% reserve replacement ratio and a revenue of $52 million. The developments in Angola, including new licenses and infrastructure upgrades, position Afentra for future growth and value creation for shareholders.

The most recent analyst rating on (GB:AET) stock is a Buy with a £54.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.

Spark’s Take on GB:AET Stock

According to Spark, TipRanks’ AI Analyst, GB:AET is a Outperform.

Afentra’s overall stock score is driven by strong financial performance and an attractive valuation, indicating a solid investment potential. The technical analysis presents mixed signals, with some recent bearish momentum, but the long-term trend remains positive. The absence of earnings call data and corporate events does not impact the score significantly.

To see Spark’s full report on GB:AET stock, click here.

More about Afentra

Afentra plc is an upstream oil and gas company focused on opportunities in Africa. The company aims to support a responsible energy transition by establishing itself as a credible partner for divesting international oil companies and host governments. Afentra has interests in various blocks in Angola, including offshore and onshore assets, and also holds a carried interest in the Odewayne Block in Somaliland.

Average Trading Volume: 726,293

Technical Sentiment Signal: Buy

Current Market Cap: £123M

For detailed information about AET stock, go to TipRanks’ Stock Analysis page.