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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 LittleYerryon Apr 07, 2022 8:59pm
537 Views
Post# 34586494

Price action of this stock

Price action of this stockATH holders should realize that this stock moves a bit different than some of energy stocks. It consolidates for longer than many and then has massive upswings. People seem to get pretty negative when this stock moves sideways when others are going up. It's only a matter of time to me for the next big upswing. It's coming and over the longer term we will out perform most. GL
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