Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
RECO.V
SELLREMOVEReconnaissance Energy Africa Ltd. · Energy · Canada · $312M · Avg Vol: $431K/d
Reconnaissance Energy Africa is a highly speculative junior oil explorer focused on the Kavango Basin. While it operates in the energy sector, it is pre-revenue and lacks the quality, cash flow, and proven reserves required by our investment framework.
COMPANY DESCRIPTION
Reconnaissance Energy Africa Ltd. is a junior oil and gas company engaged in the opening of the newly discovered Kavango Sedimentary Basin in northeastern Namibia and northwestern Botswana. The company holds a dominant, sole-operator position over a massive, contiguous license area of approximately 8 million acres. ReconAfrica's high-risk, high-reward profile is defined by its frontier exploration potential in one of the world's last remaining untested onshore deep basins.
FINANCIAL SUMMARY
| Year | 2021 | 2024 | 2025 | CAGR |
|---|---|---|---|---|
| Revenue | 8M | 0 | 0 | — |
| EPS | -1.16 | 0.14 | -0.04 | — |
| Shares | 189M | 211M | 339M | +79.3% |
| Debt | 35M | 4M | 3M | -69.1% |
| Equity | 62M | 99M | 151M | 56.2% |
| Op CF | -8M | -11M | -7M | — |
| Inv CF | -15M | -13M | -25M | — |
| Fin CF | 63M | 6M | 27M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of RECO.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| RECO.V | Reconnaissance Energy Africa Ltd.(you) | $312M | 31 | SELL |
| IPO.TO | InPlay Oil Corp. | $334M | 39 | HOLD |
| JOY.TO | Journey Energy Inc. | $275M | 40 | HOLD |
| GTE.L | Gran Tierra Energy Inc. | $271M | 40 | HOLD |
| ECO.L | Eco (Atlantic) Oil & Gas Ltd. | $281M | 16 | STRONG SELL |
| BLU.V | BluEnergies Ltd. | $169M | 22 | SELL |
| BNE.TO | Bonterra Energy Corp. | $176M | 42 | HOLD |
| LGN.V | Logan Energy Corp. | $446M | 48 | HOLD |
| PRQ.TO | Petrus Resources Ltd. | $187M | 14 | STRONG SELL |
| SNM.ST | ShaMaran Petroleum Corp. | $434M | 52 | HOLD |
Peer medians: ROE 3.4% · P/E 26.0x · Gross margin 38.4%