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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 Rational43on Sep 02, 2021 11:39am
361 Views
Post# 33800780

Sometimes its easy, but we confuse ourselves

Sometimes its easy, but we confuse ourselvesATH is easy.  

Deeply undervalued, because it was a company on the brink at $45, in a world where a large number of fools think we will stop using oil in a few years.  

Debt now manageable, and dropping at an absurdly fast rate.
This company will be UNDER leveraged in about 6 months. 

Cash flow valuation calls for 200% rise from here based on current price of oil, and highly leveraged to oil price upside.

However, people try to find reasons why the stock SHOULD BE trading at the price its at.

The market just isn't paying attention, and hasn't caught up yet. 

Enjoy the journey.
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