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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 > Can a company change their hedges?
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Post by Tanman1914 on Feb 18, 2022 1:22am

Can a company change their hedges?

I took a look at Athabasca Oil latest report and it shows their hedges for 2022 are: 

30% of sales hedged at US 67.50
20% of sales - collars with upside to $110WTI (Q2-Q4)

this is different from guidance presentation a month before which said: 

20% of sales - collars with upside to $96 WTI

How did they change their hedges for 2022?
Comment by elducky on Feb 18, 2022 1:49am
Hedges can always be changed at a cost
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