RECO Reconnaissance Energy Africa Ltd.

TSXV · CA · Energy · Oil & Gas E&P · reconafrica.com

0.5950CAD+0.85%Mkt Cap: 178.73M $P/E: —Today

Reconnaissance Energy Africa Ltd., a junior oil and gas company, explores oil and gas resources in Namibia and Botswana. It holds 70% interests in the Namibia property comprising six licensed blocks located in the Kavang…

Industry Peers

Oil & Gas E&P

Canadian Natural Resources Limited

$101.79BUSDP/E 12.0

CNQ

Canadian Natural Resources Limited

Occidental Petroleum Corporation

$58.19BUSDP/E 16.5

DVN

Devon Energy Corporation

$52.67BUSDP/E 10.4

FANG

Diamondback Energy, Inc.

$51.87BUSDP/E 35.1

WDS

Woodside Energy Group Ltd

Texas Pacific Land Corporation

Expand Energy Corporation

$21.08BUSDP/E 7.6

Permian Resources Corporation

Whitecap Resources Inc.

Key Statistics

Company

Market Cap178.73M USD

Enterprise Value148.21M USD

Revenue (TTM)—

Gross Profit-990.94K USD

Net Income (TTM)-11.51M USD

Revenue/Share—

Last Price0.5950 CAD

Fiscal Year EndDec 2025

MR QuarterJun 2026

Employees28

CountryCA

SectorEnergy

IndustryOil & Gas E&P

ISINCA75624R1082

Valuation

P/E (Trailing)—

P/E (Forward)—

PEG—

EV/EBITDA-12.82

EV/Revenue—

P/S—

P/B0.92

EPS (TTM)-0.03

EPS (Forward)—

52W Range

0.420019% of range1.350

52W High1.350 CAD

52W Low0.4200 CAD

Profitability

Gross Margin0.00%

Oper. Margin0.00%

EBITDA Margin0.00%

Profit Margin0.00%

ROE-7.60%

ROA-7.44%

Growth

Revenue Growth—

Earnings Growth—

Cash Flow & Leverage

Operating CF-7.51M USD

CapEx (TTM)25.31M USD

FCF Margin—

FCF Yield-18.45%

Net Debt-17.66M USD

Net Debt/EBITDA1.53

Balance Sheet

Debt/Equity—

Current Ratio5.78

Quick Ratio5.70

Book Value/Sh0.64 CAD

Cash/Share0.06 CAD

Dividends

Fwd Div Rate—

Trail. Div Rate0.00 CAD

Div. Yield0.00%

5Y Avg Yield—

Payout Ratio0.00%

Ex-Div Date—

Pay DateSep 6, 2019

Splits

Last Split1:2

Split DateSep 6, 2019

Analyst Consensus

Rating1.5 (Buy)

Strong BuyBuyHoldSellStr. Sell

Target (Mean)2.806 CAD

Upside (mean)+371.6%

Target Range1.800 CAD – 3.813 CAD

1.800+371.6% to mean3.813

# Analysts2

Ownership

Shares Out.415.96M

Float360.37M

Insiders7.25%

Institutions0.03%

Short Interest

Short Ratio2.6d

Short % Out.0.41%

Shares Short1.70M

Short (prev mo.)4.43M

Technical

SMA 500.6908 (-13.9%)

SMA 2000.9219 (-35.5%)

Beta-0.91

S&P 52W Chg16.45%

Avg Vol (30d)533.07K

Avg Vol (10d)416.50K

Technical Indicators

RSI (14)43.0

MACD-0.0398

MACD Signal-0.0516

MACD Hist.+0.0118

BB Upper0.6338 CAD

BB Middle0.5843 CAD

BB Lower0.5347 CAD

BB Width16.96%

ATR (14)0.0417 CAD

Vol Ratio (20d)0.59x