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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Athabasca Oil Corp > Good solid day so far
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Comment by Moremoney4uon Nov 22, 2021 4:06pm
249 Views
Post# 34154370

RE:Good solid day so far

RE:Good solid day so far So great move, lots of cash coming, someone just might buy this little guy. It’s really cheap and has a big TAX credit. Earnings are great, lots of oil available, etc. Etc. Eric is holding. The next run up is in the 2.00 range? Goldman sacks feels the current price is Over extended, the price should be in the 80.00 range. These guys do there homework. Lots of volume. Buying early today, 
next earnings report will be huge. Buybacks, dividend coming, paying off debt, it’s got a lot going for it . Hold on Eric . Guess he feels more upside potential, he says he looking for major increases in the ones he holds. Load it up 
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