Reconnaissance Energy Africa logo

Reconnaissance Energy Africa(OTC) RECAF

Market Cap$157.16MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)+121%
5 Year-92%
1 Year+17%
1 Month-13%
$0.42
+0.34%
+0.00Today
Reconnaissance Energy Africa last closing stock price
MetricPriceDate
Last closeUSD 0.412026-10-07
Reconnaissance Energy Africa stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-0.34%USD 0.422026-09-30
1 month-12.64%USD 0.472026-09-04
3 month-40.59%USD 0.702026-07-09
Year to date-39.45%USD 0.682025-12-31
1 year+17.2%USD 0.352025-10-07
3 year-49.56%USD 0.822023-10-06
5 year-91.98%USD 5.162021-10-08
Since inception+120.82%USD 0.192019-09-24

Reconnaissance Energy Africa Financials at a Glance

Market Cap

$157.16MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$0.00

Net Income (TTM)

-CA$15.33M

EPS (TTM)

-$0.03

P/E Ratio

-12.97

Dividend

$0.00

Beta (Volatility)

0.96 (Low)

Price

$0.42

Volume

343,883

Open

$0.42

Previous Close

$0.42

Daily Range

$0.41 - $0.43

52-Week Range

$0.30 - $0.99

Estimated Earnings Date

Aug 27, 2026

RECAF News

No articles available.

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About Reconnaissance Energy Africa

Reconnaissance Energy Africa Ltd. is an emerging upstream oil and gas company focused on exploring and developing hydrocarbon potential in Namibia and Botswana. The company holds significant petroleum exploration licenses, covering over 34,000 square kilometers across these regions.

Products and Services
  • Exploration and development of oil and gas resources
  • Petroleum exploration licenses in Namibia and Botswana
  • Geological and geophysical surveys to assess hydrocarbon potential
Growth Outlook
  • 90% interest in a large exploration license in Namibia
  • 100% working interest in a separate license in Botswana
  • Strategic positioning in a region with untapped hydrocarbon resources
Financial Highlights
  • Recent quarterly net income of -$4.18 million, reflecting ongoing investment
  • Cash and cash equivalents of $24.25 million as of June 30, 2026
  • Trailing twelve months (TTM) cash flow from operations shows significant investment in growth
Reconnaissance Energy Africa Ltd. is strategically positioned in the oil and gas sector, focusing on regions with substantial untapped resources. The company's exploration licenses in Namibia and Botswana provide a solid foundation for future growth. Recent financial data indicates a commitment to investment, with a notable cash position that supports ongoing exploration activities. The company’s focus on geological assessments and resource development aligns with the increasing global demand for energy, making it a noteworthy player in the energy sector.
AI Generated • Sep 20, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

44

CEO

Brian C. Reinsborough

Website

www.reconafrica.com

Headquarters

Calgary, AB T2P 3M3, CA

RECAF Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

-6.71%

Return on Capital

-7.84%

Return on Assets

-6.02%

Earnings Yield

-7.71%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$157.16MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

379.97M

Volume

343.88K

Avg. Volume

782.77K

Financials (TTM)

Gross Profit

-CA$81.11K

Operating Income

-CA$15.97M

EBITDA

-CA$15.93M

Operating Cash Flow

-CA$12.79M

Capital Expenditure

-CA$26.93M

Free Cash Flow

-CA$28.61M

Cash & ST Invst.

CA$24.25M

Total Debt

CA$0.00

Reconnaissance Energy Africa Performance Analysis

Reconnaissance Energy Africa annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-03-31CAD 0N/A
20242024-03-31CAD 0N/A
20242024-12-31CAD 0N/A
20252025-12-31CAD 0N/A
Reconnaissance Energy Africa sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Q22026-06-30N/A
Reconnaissance Energy Africa annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-03-31CAD -0.229.0%
20242024-03-31CAD -0.16-28.4%
20242024-12-31CAD -0.08-28.4%
20252025-12-31CAD -0.04-49.6%
Reconnaissance Energy Africa sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-5.0%
Q42025-12-3134.5%
Q12026-03-31-2.1%
Q22026-06-30-10.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$20.73K

+54.4%

Gross Margin

0.00%

N/A

Market Cap

$157.16MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$5.61M

N/A

Employees

28

N/A

Net Income

-CA$4.18M

-9.6%

EBITDA

-CA$4.21M

-10.8%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$24.25M

+40.5%

Total Debt

CA$0.00

N/A

Accounts Receivable

CA$1.56M

+91.5%

Inventory

CA$0.00

N/A

Long Term Debt

CA$0.00

N/A

Short Term Debt

CA$0.00

N/A

Return on Assets

-6.02%

N/A

Return on Invested Capital

-6.39%

N/A

Free Cash Flow

-CA$3.21M

+46.4%

Operating Cash Flow

-CA$3.21M

-67.5%

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Questions About RECAF

What is the current price of Reconnaissance Energy Africa?

Reconnaissance Energy Africa is trading at $0.42 per share.

What is the 52-week range for Reconnaissance Energy Africa?

Over the past 52 weeks, Reconnaissance Energy Africa has traded between $0.30 and $0.99.

How much debt does Reconnaissance Energy Africa have?

As of the most recent reporting period, Reconnaissance Energy Africa reported total debt of CA$0.00.

How much cash does Reconnaissance Energy Africa have on hand?

Reconnaissance Energy Africa reported CA$17.09M in cash and cash equivalents in its most recent financial results.

What is Reconnaissance Energy Africa’s dividend yield?

Reconnaissance Energy Africa does not currently have a dividend yield.

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