Price
No data yet.
Social Signal Score
Revenue
$0.00Company Profile
- CEO
- Brian C. Reinsborough
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Employees
- 28
- Beta
- -0.94
- Country
- CA
- Piotroski score
- 2 / 9 (Weak)
- Altman Z-score
- 18.74
Financials
Revenue
$0.00-100.0%Net Income
$-4.18MEBITDA
$-4.21MFree Cash Flow
$-3.21MEPS (diluted)
$-0.01Shares Outstanding (diluted)
383.87M+9698.5%Operating Expenses
$4.21MCash & Debt
$24.25MQuote
Valuation & Ratios
Returns & Efficiency
Revenue & Net Income (Annual)
| Fiscal Year | Revenue | Net Income | EPS |
|---|---|---|---|
| 2025 | $0.00 | $-15.81M | $-0.05 |
| 2024 | $0.00 | $-26.05M | $-0.10 |
| 2023 | $0.00 | $41.11M | $0.31 |
| 2022 | $0.00 | $-58.36M | $-0.18 |
| 2021 | $10.41M | $-263.41M | $-1.60 |
| 2020 | $0.00 | $-7.48M | $-0.09 |
| 2019 | $0.00 | $-3.12M | $-0.12 |
| 2018 | $0.00 | $-171.0K | $-0.07 |
| 2017 | $0.00 | $-118.0K | $-0.03 |
| 2016 | $0.00 | $-125.0K | $-0.03 |
| 2015 | $0.00 | $-49.0K | $-0.01 |
| 2014 | $0.00 | $-270.0K | $-0.11 |
| 2013 | $0.00 | $-97.3K | $-0.04 |
| 2012 | $0.00 | $-1.27M | $-0.52 |
Valuation
RECAFhas no positive reported earnings per share, so an earnings-multiple projection can't be built for it. Companies are valued on other measures at this stage — revenue growth, cash burn, or book value — none of which this calculator models.
Signal Score (90d)
50-68.09%Social Signal Score
Mentions (14)
- Newsglobenewswire.com·4d ago·Neutral
ReconAfrica Announces Appointment of Ryan Kubik as Independent Director CALGARY, Alberta, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) is pleased to announce the appointment of Ryan Kubik, CPA, CFA, ICD.D, as an independent member of the Company's Board of Directors (the “Board”), effective October 1, 2026.
View source ↗ - Newsproactiveinvestors.com·8d ago·Neutral
ReconAfrica flow test samples point to liquids-capable gas system at Namibia discovery well Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said flow test samples from its Kavango West 1X Sidetrack discovery well in Namibia indicate thermogenic gas with liquid potential. Samples from the Huttenberg and Elandshoek formations show maturities ranging from late oil to early gas.
View source ↗ - Newsglobenewswire.com·8d ago·Neutral
ReconAfrica Resumes Operations at Kavango West 1X Ahead of Horizontal Flow Test and Provides Updates on KW1X Flow Test Samples, Angola Soil Sampling and Gabon Seismic Reprocessing CALGARY, Alberta, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd.
View source ↗ - Newsproactiveinvestors.com·26d ago·Neutral
ReconAfrica raises C$21.85M to fund Namibia sidetrack drilling Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said it plans to use proceeds from its newly closed C$21.85 million bought-deal offering to fund an open-hole horizontal sidetrack and production testing program targeting Namibia's Huttenberg and Elandshoek formations. The company sold nearly 30 million units at C$0.73 per unit, including the full exercise of an over-allotment option.
View source ↗ - Newsglobenewswire.com·26d ago·Negative
ReconAfrica Announces Closing of $21.9 Million Bought-Deal Public Offering, Including Full Exercise of the Over-Allotment Option, to Conduct Horizontal Sidetrack and Production Testing Program at the Kavango West 1X of the Huttenberg Formation NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd.
View source ↗ - Newsnewsfilecorp.com·32d ago·Negative
…nd the Prospectus Supplement are accessible on SEDAR+ Calgary, Alberta--(Newsfile Corp. - September 4, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica") is pleased to announce that on September 3, 2026, in connection with its previously announced upsized bought-deal public offering of units (as described in the Company's news releases dated September 1, 2026 and September 2, 2026), it filed a prospectus supplement dated S…
View source ↗ - Newsproactiveinvestors.com·33d ago·Neutral
ReconAfrica upsizes bought-deal offering to C$19M for Namibia program Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said it will use the net proceeds from an upsized C$19 mllion bought-deal financing to fund an open-hole horizontal sidetrack and production testing program targeting the Huttenberg and Elandshoek formations, along with general corporate purposes and working capital. The company has entered into an amended agreement with Research Capital Corporation as sole bo…
View source ↗ - Newsnewsfilecorp.com·33d ago·Negative
…WSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - September 2, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica") is pleased to announce that it has entered into an amended agreement with Research Capital Corporation as the sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters, including Canaccord Genuity Corp. and ATB Cormark Capital Markets (collectively, t…
View source ↗ - Newsnewsfilecorp.com·34d ago·Negative
…WSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Calgary, Alberta--(Newsfile Corp. - September 1, 2026) - Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) (FSE: 0XD) (NSX: REC) (the "Company" or "ReconAfrica") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purch…
View source ↗ - Newsglobenewswire.com·40d ago·Negative
… and Restricted Share Units CALGARY, Alberta, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that its Board of Directors has approved the grant of an aggregate of 7,715,900 stock options and 3,981,900 restricted share units to certain directors, officers, employees and consultants pursuant to the Company's Option Plan and RSU/DSU Plan approved by shareholder at the AGM held on Fe…
View source ↗ - Newsproactiveinvestors.com·49d ago·Neutral
Reconnaissance Energy Africa reports progress across Namibia, Gabon and Angola operations during Q2 Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) has reported continued progress across its exploration and production testing activities in Namibia, Gabon and Angola during the second quarter of 2026, while ending the period with $24.2 million in cash. The company said that it continued production testing at the KW1X well in onshore Namibia, with downhole testing beginning in e…
View source ↗ - Newsglobenewswire.com·49d ago·Neutral
ReconAfrica Announces Second Quarter 2026 Results CALGARY, Alberta, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC), is pleased to announce second quarter 2026 financial and operating results. Second quarter financial statements and the Management Discussion and Analysis (“MD&A”) are available on SEDAR+ at www.sedarplus.ca.
View source ↗ - Newsproactiveinvestors.com·50d ago·Positive
ReconAfrica flows gas from second Huttenberg zone, moves to horizontal test Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) said preliminary testing at its Kavango West 1X discovery well flowed natural gas and potential liquids to surface from the Huttenberg formation, completing vertical production testing and clearing the way for an open-hole horizontal test. The company, along with partners BW Energy and the National Petroleum Corporation of Namibia, said the uppermost Hut…
View source ↗ - Newsglobenewswire.com·50d ago·Positive
…pen Hole Horizontal Testing CALGARY, Alberta, Aug. 17, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC), along with its partners BW Energy (20% WI) and the National Petroleum Corporation of Namibia (“NAMCOR”, 10% carried WI), are pleased to announce preliminary production testing results from the three zones in the Huttenberg formation on the Kavango West 1X (“KW1X”) discovery well, along with plans …
View source ↗
Congress trades
No disclosed congressional trades in RECAF.
Self-reported filings, amounts as brackets. Via Senate/House disclosures.