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 > Sold my ATH @ 4.40 and bought BTE at 4.00

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Comment by matt2018on Jan 23, 2024 1:00pm

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Post# 35841151

RE:RE:RE:Sold my ATH @ 4.40 and bought BTE at 4.00

I agree with you, "The numbers dont lie".
So whats your back up to any of these comments?
You must have some rationale behind them?

riski wrote: ATH is fully valued here. Almost everything else is severely undervalued. The numbers don't lie.

Best balance sheet in the patch? HWX and it's not even close.

CJInvestor wrote:
My philosophy is once a winner always a winner. Once a loser always a loser. BTE is underperforming because of debt and management poor decisions.

ATH is doing well precisely because of opposite factors. We have the best balance sheet in the patch and the most competent management. So good luck with your decision. You wont see a mass exodus of ATH investors to BTE anytime soon.