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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

Comment by Rational43on Jan 12, 2022 10:34am
223 Views
Post# 34307891

RE:Quick Question for those that follow ATH and GXE

RE:Quick Question for those that follow ATH and GXELOL, you have to look at Share Count.  Then you have to see how much Production per share each has.  ATH has more shares outstanding.  

Then to evaluate companies properly, you have to look at how much Cash flow per share (FFO) each will generate, then how much they have to re-invest to keep production flat in their Investor Presentations.

The other thing to check out is debt, and the companies plans on addressing it.  In a Bear Market, debt is what kills companies, but in this Bull market, companies are retiring their debt so fast it becomes less important.  

Everything about a company needs to be examined PER SHARE.  

Good luck
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