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 > 2022 Free cash flow

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Post by pierrelebelon Feb 02, 2022 5:02pm

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Post# 34390874

2022 Free cash flow

.... about $0.34 per share

No dividend, no buyback this year but great prospects for 2023 with much lower debt.

If we use a multiple fo four times free cash flow for this year that brings the share price to $1.36. If we use a 5 times multiple that brings the share price to $1.70.

Now is the time to buy, not sell.

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