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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TSX:ATH - Post Discussion

Athabasca Oil Corp > fins are out

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Post by Eoj123 on Mar 01, 2023 5:33pm

fins are out

EOM

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Comment by Mattyboy19 on Mar 01, 2023 5:35pm

Looks really good, tomrrow's share price should reflect that

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Comment by Eoj123 on Mar 01, 2023 5:36pm

Record Free Cash Flow: $161 million with 100% allocated to debt repayment, achieving the Term Debt target of US$175 million significantly ahead of schedule.

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Comment by Eoj123 on Mar 01, 2023 5:39pm

Well done management! Balance Sheet: Achieved the lowest level of absolute debt in corporate history supporting resiliency and free cash flow generation. The Company also has Liquidity of $285 million, including cash of $198 million

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Comment by Deutz9170 on Mar 01, 2023 6:15pm

The 198 in cash makes them debt free???? Would they have this money collecting interest someplace????

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Comment by jjjorge35 on Mar 01, 2023 5:37pm

Wow, nice beat on 2022 oil production - well above guidance!!

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Comment by Stampeeder on Mar 01, 2023 5:46pm

Wow!! Love it! Athabasca sees tremendous intrinsic value not reflected in the current share price and in 2023 is planning to allocate a minimum of 75% of Excess Cash Flow (Adjusted Funds Flow less Sustaining Capital) to shareholders.

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Athabasca Oil Corp