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 > RBC update

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Comment by Chris007on Oct 08, 2021 10:49am

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Post# 33988461

RE:RE:RE:RE:RBC update

Ah, makes sense. Thanks for the summary of the RBC report. I only get the TD stuff, and they don't cover ATH...

I guess we wait and see what kind of guidance the company puts forward when the release Q3 results

ComradeKomissar wrote: In other words, RBC expects them to plow back in 60% of the cash flow that they generate. That cash flow is $350M, so 60% of that is where they get that $205. Not sure how they come up with that ratio. Perhaps it is an industry average, but we do not live in "average" times. So likely, with Nuttal haranguing them, they won't spend $200M in CapEx.

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