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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 > Sector undervalued by 50% Minimum
View:
Post by MLEWICKIMBA on Aug 18, 2022 5:10pm

Sector undervalued by 50% Minimum

Thats the truth of any energy asset pretty much. The hydro electric sector has an acceptable value. But the market for S&M caps hasn't adjusted yet but it came close on some stocks. But retreated as we witnessed. In terms of Ath the value increase will be firmer soon as all capital return to shareholders next year has no tax on it given their hefty tax carry forward. Going to forward expect retractions re: Iran, China, Fed, Biden SPR extension of 30M barrels in November. Ath 2 70 tomorrow or 2 45?
Comment by Jimmy1page on Aug 18, 2022 5:20pm
Also with the shutdowns, etc, we've never been here before so the market seems to badly over react to everything
Comment by Hcgfllkp on Aug 18, 2022 5:27pm
Jimmy1page - you get my vote for best handle / avatar combo. Jimmy Page + Charlie Munger. Too funny.
Comment by Jimmy1page on Aug 18, 2022 6:06pm
I was wondering when someone was going to get that. I went Munger because of SmallCap. Lol
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