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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.


TSX:ATH - Post by User

Athabasca Oil Corp > Net income LOSS of 119 millions for the quarter
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Comment by Moneyloopon May 03, 2022 8:35pm
465 Views
Post# 34653353

RE:RE:RE:Net income LOSS of 119 millions for the quarter

RE:RE:RE:Net income LOSS of 119 millions for the quarter Nuttall left to soon...He sold in the low ( 1-ish ).SP  is ( 2.76$ )..
Nervermind Nuttall getting in next year,now is the time to max the potential gains....

I still maintain my original prediction by year end, ( 5$ to 7$ ).  


1rhapsodyoilfan wrote: Hedges in this market are killers but you can't blame management blame the banks.
But without the banks there would be no company after oil crash of 2020 so there you go Nuttal knew come back next year unless they are bought out, but then there's the debt again.
Great assets but way too much forced hedgeing. I mean there debt is still Junk level! so again patience is required here.
BTW Nuttal left.


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