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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

Post by Bubba1on Feb 08, 2021 5:34pm
322 Views
Post# 32507669

Eric Nuttal from his Feb.05 playbook

Eric Nuttal from his Feb.05 playbookIT IS NOT TOO LATE BUT THE WINDOW IS CLOSING.The energy sector was one of the biggest losers from COVID19 in 2020does it not make sense that it will be one of the largest beneficiaries in 2021 as vaccine rollout leads to a normalizing economy? The Ninepoint Energy Fund has achieved maximum upside capture in 2020 and YTD and is ideally positioned for the improving oil fundamentals that get better by the day. Why would you try to choose energy stocks yourself when we live and breathe this sector, have relationships that allow us to do things like buy 9.9% of Athabasca Oil from Equinor at a distressed price and see it rally by 120% in 1.5 weeks, have large embedded tax losses in the Fund, and dynamically reweight positions on a constant basis? Our performance speaks for itself. Eric Nuttall Senior Portfolio Manager Ninepoint Partners
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