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Afentra
(LSE:AET)
Afentra (AET) vs. iShares MSCI United Kingdom ETF (EWC)
Afentra Business Overview & Revenue Model
Afentra Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 161.74M | 180.86M | 26.39M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 68.92M | 86.74M | 13.82M | -3.49K | -2.73K | -1.22K |
| EBITDA | 74.29M | 86.45M | 3.57M | -8.64M | -4.71M | -2.17M |
| Net Income | 32.10M | 52.35M | -2.71M | -9.20M | -5.04M | -1.96M |
Balance Sheet | ||||||
| Total Assets | 225.89M | 226.61M | 210.63M | 52.87M | 60.03M | 64.92M |
| Cash, Cash Equivalents and Short-Term Investments | 14.07M | 46.88M | 14.73M | 20.38M | 37.73M | 42.67M |
| Total Debt | 37.11M | 42.20M | 31.86M | 337.00K | 581.00K | 786.00K |
| Total Liabilities | 121.12M | 127.98M | 162.66M | 3.06M | 1.14M | 1.03M |
| Stockholders Equity | 104.77M | 98.63M | 47.97M | 49.81M | 58.89M | 63.89M |
Cash Flow | ||||||
| Free Cash Flow | 32.49M | 64.98M | 8.96M | -6.86M | -4.71M | -2.25M |
| Operating Cash Flow | 42.80M | 85.59M | 12.32M | -6.70M | -4.50M | -2.15M |
| Investing Cash Flow | -26.78M | -53.55M | -45.90M | -10.28M | -194.00K | 224.00K |
| Financing Cash Flow | 46.50K | 93.00K | 27.95M | -225.00K | -273.00K | -283.00K |
Afentra Technical Analysis
Afentra Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £110.82M | 4.05 | 42.05% | ― | 50.35% | 48.07% | |
72 Outperform | £65.98M | 7.00 | 5.26% | ― | -58.10% | 100.00% | |
66 Neutral | £87.46M | 21.41 | 1.91% | 6.46% | -9.43% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | £118.00M | -0.83 | ― | ― | -32.47% | -1490.91% | |
49 Neutral | £89.37M | -20.50 | -19.12% | ― | ― | ― |
Afentra Corporate Events
Afentra plc reported that Athos Capital Limited has reduced its shareholding in the company to below 3% of the issued share capital, indicating a shift in the investor’s equity position. While the change does not alter Afentra’s operational footprint in Angola or its strategic focus on African upstream assets, it may be watched by shareholders as a signal of evolving institutional interest and liquidity in the AIM-traded stock.
The most recent analyst rating on (GB:AET) stock is a Hold with a £48.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra has outlined its near- and medium-term growth strategy in Angola as presented at the Pareto Energy Conference in London, emphasizing disciplined, value-driven development of its offshore and onshore portfolio following a recently announced 400% increase in 2C contingent resources. The company highlighted a planned 2026–2027 infill drilling and heavy workover programme on the producing Block 3/05 fields, including up to two new wells and three workovers in the Palanca field, which together could lift gross production by up to 12,500 barrels of oil per day and provide exposure to up to 120 million barrels of reserves and resources for an estimated gross capex of $115–130 million. Afentra also updated investors on plans to fast-track operated development of discoveries in Block 3/24 by leveraging existing infrastructure, with a Final Investment Decision targeted in late 2026, and outlined early production and exploration upside from its onshore Kwanza Basin assets, underscoring its transition into a next phase of production and reserves growth built on a growing pipeline of organic opportunities.
The most recent analyst rating on (GB:AET) stock is a Hold with a £47.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra has reported a more than fourfold increase in its 2C working interest contingent resources to 87.3 million barrels of oil equivalent across Angola’s offshore Blocks 3/05, 3/05A and 3/24, following an independent audit by Sproule ERCE and internal assessments of recently awarded acreage. The upgrade, driven by undeveloped discoveries and early evaluations of Block 3/24, underlines substantial upside beyond currently booked volumes and is set to be further tested by a planned 2026–27 infill drilling and heavy workover campaign on the producing Block 3/05 fields, alongside efforts to mature near-field discoveries and onshore Kwanza Basin opportunities, potentially strengthening Afentra’s production profile and growth trajectory in Angola.
The most recent analyst rating on (GB:AET) stock is a Buy with a £44.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra plc has completed the divestment of its 34% non-operated participating interest in the high-risk frontier Odewayne Block in Somaliland to Petrosoma Limited, following formal approval from Somaliland’s Ministry of Energy and Minerals. As part of the transaction, Petrosoma assumes all past and future liabilities under the production sharing agreement, including environmental and decommissioning obligations, while Afentra has exited the asset entirely and will record a write-down of the US$21.5 million carrying value. Afentra has also received US$1.97 million from operator Genel Energy Somaliland Limited in settlement of carry obligations related to the interest, but no consideration from Petrosoma, underscoring that the move is driven by strategic portfolio rationalisation rather than immediate sale proceeds. The disposal removes a non-core, legacy exploration exposure that had generated no profit and allows management to sharpen its focus and capital allocation on core Angolan production and development assets, in line with the company’s disciplined approach to portfolio management and Africa-focused growth strategy.
The most recent analyst rating on (GB:AET) stock is a Buy with a £44.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra plc has announced several operational and financial updates, including the award of the Block 3/24 license with a 40% interest, and progress in the acquisition of Etu Energias, expected to complete in early 2026. The company reported stable production and significant revenue from crude oil sales, alongside strategic investments in infrastructure and drilling preparations. The updates indicate Afentra’s commitment to enhancing its production profile and presence in Angola, with plans for increased recovery and production growth. The appointment of Andrew Osborne as a Non-Executive Director and Chair of the Audit Committee further strengthens the company’s governance framework.
The most recent analyst rating on (GB:AET) stock is a Hold with a £47.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra plc announced a transaction involving the purchase of 225,000 ordinary shares by Acorn Investment Management, a person closely associated with Andrew Osborne, a Non-Executive Director of the company. This transaction, conducted on the London Stock Exchange AIM market, reflects internal dealings that may impact investor perceptions and stakeholder confidence in the company’s governance and market activities.
The most recent analyst rating on (GB:AET) stock is a Hold with a £47.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.
Afentra plc has appointed Andrew Osborne as an Independent Non-Executive Director and Chair of the Audit Committee, effective November 10, 2025. Osborne, with over 30 years of experience in the oil and gas sector, brings significant financial and governance expertise, which is expected to enhance Afentra’s governance framework and support its strategic focus on value-accretive opportunities in Africa.
The most recent analyst rating on (GB:AET) stock is a Hold with a £47.00 price target. To see the full list of analyst forecasts on Afentra stock, see the GB:AET Stock Forecast page.