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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 Piperdownon Jul 23, 2015 8:35pm
70 Views
Post# 23954843

Article that shows recent Insiders Purchases

Article that shows recent Insiders Purchases
Athabasca Oil Corp Receives C$3.42 Average Price Target from Analysts (TSE:ATH) July 23rd, 2015 - 0 comments - Filed Under - by Samantha Reynolds Share on StockTwits Athabasca Oil Corp logoShares of Athabasca Oil Corp (TSE:ATH) have earned a consensus recommendation of Hold from the ten brokerages that are covering the company, Market Beat reports. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$3.42. In other Athabasca Oil Corp news, insider Kimberly Anderson bought 22,400 shares of Athabasca Oil Corp stock in a transaction dated Monday, May 25th. The stock was purchased at an average price of C$2.09 per share, for a total transaction of C$46,816.00. Also, insider Robert Blair Hockley purchased 50,000 shares of Athabasca Oil Corp stock in a transaction dated Wednesday, May 13th. The shares were purchased at an average price of C$2.12 per share, with a total value of C$106,000.00. Shares of Athabasca Oil Corp (TSE:ATH) traded down 0.65% on Monday, hitting $1.54. The stock had a trading volume of 340,505 shares. Athabasca Oil Corp has a 1-year low of $1.53 and a 1-year high of $8.00. The stock has a 50-day moving average of $1.98 and a 200-day moving average of $2.09. The companys market cap is $620.50 million. Several analysts have recently commented on the stock. Analysts at RBC Capital lowered their price target on shares of Athabasca Oil Corp from C$4.00 to C$3.50 in a research note on Thursday, July 16th. 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.
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