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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 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

Post by Moremoney4uon Mar 13, 2022 9:15am
468 Views
Post# 34509828

Takeovers, Low valuations, Huge EPS, ETC

Takeovers, Low valuations, Huge EPS, ETC ATH, AND other oil companies, have NOT YET even come CLOSE to were they should be trading. Look back in the day when oil was in the 90.00 dollar range ALL THESE OIL companies were three times what they are TODAY. The typical progression is,  they make a TON OF CASH, THE STOCK PRICE RISES, which has NOT HAPPENED, and then they look to BUYING OTHER COMPANIES. The last stage of buying other companies and their stock RISING , HAS NOT YET OCCURRED. ATH, NEEDS TO BE AT 4.50 $$$$$  RANGE. OTHER COMPANIES are seeking to acquire good assets, maybe ATH, ITS GOT A LOT TO OFFER, TAX CREDITS, LAND, GREAT EPS, VOLUME HAS BEEN huge, accumulate  accumulate. IT WILL POP SOON. ERIC ,LIKES THE STOCK, FEELS ITS WORTH 4.00  plus range $$$$$$.   HAPPY CAPITALISM . 
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