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 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.

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Athabasca Oil Corp

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Post by BigBearLivingon Jun 17, 2015 12:45pm

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Post# 23840035

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According to :

https://sleekmoney.com/athabasca-oil-corp-receives-average-rating-of-hold-from-brokerages-tseath/300658/

Athabasca Oil Corp (TSE:ATH) has earned an average rating of “Hold” from the ten brokerages that are presently covering the company, AnalystRatings.NET reports. Seven analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$3.50.

A number of research firms have recently commented on ATH. Analysts at TD Securities lowered their price target on shares of Athabasca Oil Corp from C$5.00 to C$4.50 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Athabasca Oil Corp in a research note on Tuesday, May 5th. Finally, analysts at Raymond James lowered their price target on shares of Athabasca Oil Corp from C$3.50 to C$3.00 in a research note on Thursday, April 2nd.

Shares of Athabasca Oil Corp (TSE:ATH) traded up 2.45% on Wednesday, hitting $2.09. The stock had a trading volume of 103,741 shares. Athabasca Oil Corp has a 52-week low of $1.61 and a 52-week high of $8.00. The stock’s 50-day moving average is $2. and its 200-day moving average is $2.. The company’s market cap is $842.11 million.

Athabasca Oil Corporation is a Canada-based oil and gas company. The company is primarily focused on the exploration for, and sustainable development and production of, bitumen from oil sands in the Athabasca region of northeastern Alberta, Canada, and light oil and liquids-rich natural gas from regions in northwestern Alberta, Canada.