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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 Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Bullboard Posts
Post by lefmikeon Aug 07, 2014 3:26pm
248 Views
Post# 22819301

WOW lol BIG DOWNGRADE ? ? ? from 9.50 to 9.00

WOW lol BIG DOWNGRADE ? ? ? from 9.50 to 9.00What the paid basher failed to include was the actual release, too lazy I guess. Here it is with the whole release not just a cut and paste job...'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''Investment analysts at Scotiabank decreased their price objective on shares of Athabasca Oil Corp (TSE:ATH) from C$9.50 to C$9.00 in a note issued to investors on Thursday. The firm currently has a “sector perform” rating on the stock. Scotiabank’s price target would suggest a potential upside of 40.41% from the stock’s previous close. Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James cut their price target on shares of Athabasca Oil Corp from C$10.50 to C$7.50 in a research note on Monday, July 28th. They now have a “market perform” rating on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Athabasca Oil Corp in a research note on Wednesday, July 23rd. They set an “equal weight” rating on the stock. Finally, analysts at Global Hunter Securities cut their price target on shares of Athabasca Oil Corp from C$12.00 to C$10.00 in a research note on Tuesday, July 22nd. They now have a “speculative buy” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of C$9.64. Athabasca Oil Corp (TSE:ATH) traded up 0.94% during mid-day trading on Thursday, hitting $6.47. 2,068,742 shares of the company’s stock traded hands. Athabasca Oil Corp has a 1-year low of $5.47 and a 1-year high of $8.84. The stock’s 50-day moving average is $6.99 and its 200-day moving average is $7.6. The company’s market cap is $2.595 billion. Athabasca Oil Corp (TSE:ATH) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.14) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.09. Analysts expect that Athabasca Oil Corp will post $-0.23 EPS for the current fiscal year. Athabasca Oil Corporation, formerly Athabasca Oil Sands Corp., is focused on the exploration and development of unconventional oil resource plays in Alberta, Canada.
Bullboard Posts