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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 Weldonon May 31, 2021 8:20am
302 Views
Post# 33295280

Stock reversal ?

Stock reversal ?I haven't read and or seen anything about it.  Why should ATH have a stock reversal at this point; when in fact...the stock hasn't even reached its highs from previous years ( see below ). If anything...the value of ATH should increase steadily as the price of Oil is climbing up.

 
      ATH Price
Sunday, May 01, 2011  $         17.75
Friday, July 01, 2011  $         15.50
Saturday, September 01, 2012  $         13.18
Friday, August 01, 2014  $           7.92
Thursday, March 01, 2018  $           1.75

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