Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp

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Comment by smarttrader2015on Aug 12, 2019 8:26pm

93 Views

Post# 30020173

RE:RE:RE:RE:RE:RE:RE:RE:You guys make me laugh

I don`t agree with your statement. Obisdian Energy has a cash flow of 120M$ before selling their assets. The cash flow will decrease by 20M$ after selling their assets.
At 60$ WTI, the total value of Obsidian is 520M$ over cash flow of 100M$ equal to 5.2.

ATH is undervalued by 40% compared to Obisidian energy. Keep in mind, obsidian energy has a net debt of 400M$ and their debt is due this year and next year.

ATH has 290M$ Cash, Net Debt of 240M$. Their net is in US dollar will be decrease with time, and its due in 2022.

ATH is the cheapest company right now. Set to post a 100% return within one year.

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