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 > predictions?

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Comment by Moneyloopon Apr 25, 2022 10:08am

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Post# 34628655

RE:predictions?

For the cons, don't forget the Chinese lockdown.
This will probably turn on the green side by thursday,the fact that ATH,will have a good quarterly report,what happens after the news release is anybodies guess.

Obviously if oil consumption lags for the ( weekly WTI inventory report ) ,
it will remain bearish in the short term....

kalman007 wrote: Anyone have predictions for this week?
Factors at play:
Pros
-Highly anticipated earnings around the corner...
-Great trading volume indicating high level of interest in ATH
-Russia/Ukraine war creating new interest and demand for Canadian oil

Cons
-Oil falls below $100
-insider trading activity-mixed interpretations
-interest rate hike speculation