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 > ATH weekly outlook.

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Comment by Moneyloopon Jul 16, 2022 4:15pm

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Post# 34829288

RE:ATH weekly outlook.

Well, Biden,after the saudi meeting,is predicting lower WTI.So monday could be a red day,just on that statement,

For me,I pulled the trigger and place a bet on HOD,so I'm hoping for a brutal red screen.Sorry guys,I play to win.

But have some green onions in the account for ATH just incase........

smallcaptdr wrote: First, there's nothing coming out this week as far as US data except Crude Oil stock on both Tuesday and Wednesday which shouldn't have much influence on Oil prices and could be shrugged off by traders so Oil could be driven higher as traders want to make money selling all the cheaper Oil that has been bought over last week. I'm using the word "could" loosely and always do whenever I post so when I ever put could into any possibilities of movement that's my intention.

The week starting July 25th will be the beginning of a powerful week for both US data, and Commodities, and then the possibility of ATH Q2 being released during the week of the 25th. And it all starts when the US comes out with Durable goods orders on Wednesday along with Oil Stocks and at 2pm US FED's Interest Rate Decision and 2:30 FED's Press Conference both Market movers rated in the RED as the seriousness of them. Then Thursday 8:30am US GDP Growth Rate then Friday US Personal Spending & Personal Income.
And adding to that explosive week its possible that ATH could release Q2 and let's hope that it's not released Friday after the market closes because that allows investors to pick thoroughly through their financials and if there are any faults they'll find them before Monday and could limit the positive impact to record revenues. The best scenario is to release them in the morning when Oil is high.
GLTA JMHO (always DD)

https://tradingeconomics.com/calendar#