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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > A rebound is eminent !
View:
Post by red2000 on Aug 29, 2021 3:55pm

A rebound is eminent !

With all that happen with the hurricane IDA ! Probably the crude will jump another 3-5% quickly !
Which may help to recover the share price of end of june !

But also, you can see below, 3 energy stocks did not recover compared to the average energy stocks since june 30th.
ATH still down 25,5% compare to june 30th price of 0,98 !
GTE still down 26,1% compare to june 30th price of 0,92 !
VET still down 22,7% compare to june 30th price of 10,86$ !

  june 30th july 16 july 30 august 15 august 20 % june 30 - aug 20 august 27  
WTI  73,23  $  71,65  $  73,95  $  68,05  $  62,29  $ -14,9%    68,72  $ -6,2%
Nat gas    3,65  $    3,76  $    3,92  $    3,87  $    3,82  $ 4,7%      4,38  $ 20,0%
                 
Ticker  $ S/P   $ S/P   $ S/P   $ S/P   $ S/P       
AAV    5,06  $    4,50  $    4,69  $    4,62  $    4,45  $ -12,1%     5,16  $ 2,0%
ATH    0,98  $    0,82  $    0,79  $    0,76  $    0,67  $ -31,6%  0,730  $ -25,5%
BIR    5,20  $    4,78  $    4,71  $    4,77  $    4,60  $ -11,5%     5,35  $ 2,9%
BTE    2,39  $    2,08  $    2,13  $    2,14  $    1,90  $ -20,5%     2,15  $ -10,0%
CJ    3,49  $    2,87  $    3,14  $    3,26  $    2,91  $ -16,6%     3,40  $ -2,6%
CNQ  45,00  $  40,85  $  41,17  $  41,30  $  39,49  $ -12,2%  42,42  $ -5,7%
CPG    5,61  $    4,26  $    4,56  $    4,37  $    3,87  $ -31,0%     4,50  $ -19,8%
CR    2,21  $    2,16  $    2,16  $    1,84  $    1,54  $ -30,3%     1,88  $ -14,9%
CVE  11,86  $  10,22  $  10,41  $  10,29  $    9,54  $ -19,6%  10,53  $ -11,2%
ENB  49,63  $  49,34  $  49,18  $  49,05  $  48,55  $ -2,2%  49,74  $ 0,2%
FRU    9,77  $    8,91  $    8,73  $    9,01  $    8,23  $ -15,8%     9,63  $ -1,4%
GTE    0,92  $    0,77  $    0,75  $    0,64  $    0,58  $ -37,0%     0,68  $ -26,1%
GXE    0,85  $    0,68  $    0,71  $    0,67  $    0,58  $ -31,8%     0,69  $ -18,8%
MEG    8,97  $    7,79  $    7,96  $    7,57  $    7,09  $ -21,0%     8,06  $ -10,1%
OVV  39,07  $  32,90  $  32,07  $  30,39  $  29,60  $ -24,2%  34,26  $ -12,3%
OYL    1,75  $    1,38  $    1,78  $    2,18  $    2,19  $ 25,1%     1,86  $ 6,3%
SU  29,69  $  26,47  $  24,56  $  24,02  $  22,45  $ -24,4%  24,20  $ -18,5%
TVE    2,57  $    2,28  $    2,69  $    2,41  $    2,17  $ -15,6%     2,44  $ -5,1%
VET  10,86  $    8,82  $    8,97  $    8,89  $    7,40  $ -31,9%     8,40  $ -22,7%
WCP     6,16  $     5,63  $    5,71  $    5,29  $    4,89  $ -20,6%     5,45  $ -11,5%
 XEG     9,04  $    8,12  $    8,02  $    7,82  $    7,32  $ -19,0%     7,99  $ -11,6%
                 
          AVG. : -19,2%   -10,3%

For my point of view it's a good entry point !!!

Please do your DD , it's your money !
Comment by red2000 on Aug 31, 2021 3:08pm
Another reason why a rebound is eminent look at the fundamentals ! I just read the july 2021 presentation  https://www.atha.com/media/attachments/2021/07/28/aoc-corporate-presentation-july-2021-final.pdf Correct me if I am wrong ... Look at Page 30 :  For Q3 :  WTI at 55,90$US X 1,2 exchange rate = 67$ CDN for 15,000 BBL/D WTI at 62,50$US X 1,2 exchange rate = 75$ CDN ...more  
Comment by fellowship on Aug 31, 2021 4:52pm
Red both you and rest of us investors look like geniuses. Awesome company.  Hail Marry
Comment by red2000 on Sep 02, 2021 9:36am
Interesting start so far today ! Now at 0,75 ! Over 300,000 shares already traded ! Good day all !
Comment by red2000 on Sep 02, 2021 10:05am
Geez huge block of 100,000 shares already disappears !!! And WTI over 70$ US !!! Why not some news about financing !!! Only my O !
Comment by Hatrick on Sep 02, 2021 10:14am
Yeah where is the financing news? Cheapest interest rates in history and financing/iquidy at ATH's. Hard to believe it has taken this long for MGT to secure new financing.