Athabasca Oil Corp T.ATH

In my mind, it is clear that:

[sylvain_007]

 

With a falling oil price, ATH stock remains strong for simple reasons:               

1) the stock is undervalued (see $5 or $6)

2) It will have no more debt in Q4 so cash flow is important

3) Its reserves are huge

4) Even at $70 a barrel this company is profitable

5) It is easily traded on the market

6) It is a very good candidate for a takeover bid

7) It can buy back its shares or give a dividend or both

 

In a difficult market like ours, ATH is one of the companies that could see its share price double or more

[cahclick]

Agreed, ATH has a lot going for it. I believe ATH will break out at some point. It continues to trade daily +/- with gang of Canadian oilies which seems to be based more on WTI than company health. . . . so many players with so many agendas continue to whipsaw WTI. We'll get there :) When the company makes its December update, that will confirm one more time that ATH is financially

[Mackthenife]

Wth an average WTI price of $96.52 in 2022, increased production and hedges coming off....... Ath is just fine 

[Deutz9170]

These are great points, I agree with. But an assets value is largely based on the value of money itself. There is always two values to look at when determining an assets value. People are now valuing their money more now, compared to 2011.  Especially, when it comes to investing the money in O and G sector.  Interest rate hikes also make money worth more. These are the factors, that

[fellowship]

and what is the value of the money if you cannot buy as much as you want with it ?