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 > First OBE, than IPO and SGY --- ATH will have its week

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Comment by ManitobaCanuckon Jan 16, 2022 12:27pm

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Post# 34321726

RE:RE:First OBE, than IPO and SGY --- ATH will have its week

Agree Fellowship.
IF Oil hits 100$ and stays there for a few years like it did in 2010 to 2014 then yes we may see that levels and infact double digits .
Every 5$ increase in Oil gets these guyz 70 mill ( if unhedged ) . So essentially if Oil hits 100$ they get 680million$ a year .Approx 1.2 $ a stockin addition to current profits and at 7-10% yield this is > 10$ stock.
Just need 80$ Oil for 2-3 years and possible a spike to 100$ for a few more years , In next 5 years we will have a 10$ stock.

fellowship wrote:

Rational43 wrote:
ATH is a $5 stock in the next few years. Right now there are no analysts following it who have any idea of the value being hidden here. Give them a few quarters.

I believe there is more to value as things will start unraveling.