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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 > Price action of this stock
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Comment by Moremoney4uon Apr 08, 2022 11:15am
321 Views
Post# 34587878

RE:Price action of this stock

RE:Price action of this stockYES, all good things going with ATH, LAND, EARNINGS COMING OUT, HUGE TAX CREDITS, ETC. 
The large block of shares still a mystery. ERIC says he sold to early, lots more to come. Earnings should be in the 1.20  to 1.35 range, based on 3 to 5 times earnings this should bring it to 4.00  to 5.00 range. Accumulation is happening, shorts covering, maybe takeover, still lots of potential. 
LOAD UP THE TRUCK. 
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