Bullboard - Stock Discussion Forum 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... see more

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Athabasca Oil Corp > Bought some more

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Post by Mindset on Jul 15, 2021 4:28pm

Bought some more

Hopefully its the right the move.

CFPS should be between .08 -.10 in Q2. FY 2021 is looking like around .32-.33. If oil stays around these levels and we dont increase CAPEX too much next year, we should be closer to .40 CFPS. So we are currently trading at 2x 2022 CFPS.

I own NVA, so yes the refi didnt move the stock, but its been holding up really well and was performing strongly prior to the pullback... yes yes NG main contributor. So when ATH refi, i think in this current market it will be a boost to the SP.

GLTA

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Comment by Tartar3 on Jul 15, 2021 5:07pm

I believe so, maybe a few more days of weakness until it stabilizes, and I agree,refi may provide a small boost after the selloff, back to $1 anyone? gltuEnable GingerCannot connect to Ginger Check your internet connection or reload the browserDisable in this text fieldRephraseRephrase current sentenceEdit in Ginger×

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Comment by Maxmoe on Jul 16, 2021 10:03am

Refi, which who tf knows when it will happen, will provide a huge boost and blow us thru a buck if nuttal and I did our math right.

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Comment by Chris007 on Jul 16, 2021 10:38am

LOL...it sure can't make things worse. Currently the stock is trading less than 2.5x EV/CF (unhedged cash flow). The refinance should remove alot of uncertainty, so as to give investors more confidence to bid up the valuation multiple to something closer to peers in the 3-4x EV/CF range for small caps.

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Comment by Liked2Think on Jul 16, 2021 10:51am

Any idea when the refinancing will happen? I was in this stock along time ago, made some good money so decided to get out and actually take profit for once. After I got out it proceeded to go up 20 cents more haha. When it fell back to 90 cents I had to get back in. Bummed at the 10 cents lower but oil isnt going massively lower anytime soon so no worries. I havent been ...more

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Comment by Chris007 on Jul 16, 2021 10:58am

Who knows. LOL They've been saying "coming soon" for the past year. The notes mature at the end of Feb 2022. Currently they are trading at around 90 cents on the dollar, which isn't a bad sign...appears the fixed income investors are fairly certain they will get paid out.

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