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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

Comment by uwebb429on Apr 01, 2024 3:56pm
248 Views
Post# 35963556

RE:Nuttal on market call tomorrow

RE:Nuttal on market call tomorrowNot much to say. Ninepoint Partners has been unloading shares since the beginning of the year. I think they sold 11 million shares in January and another 20 million in February. Eric must think that ATH is fully valued and they can find a greater rate of return by investing elsewhere. This one company has made his followers rich so not surprised to see him cash in and book a big profit for the Energy Fund.

Starting to sell in January does not look like it was a great idea but maybe what he bought has done better or will do better this year.  

https://stockhouse.com/companies/ownership?symbol=t.ath

At the end of February, ATH had moved down to 10th spot in the Ninepoint Energy Fund.

https://www.morningstar.ca/ca/report/fund/portfolio.aspx?t=0P000075KO

https://twitter.com/emmpeethree/status/1766133201301590448
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