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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

Comment by Moremoney4uon May 25, 2022 7:29pm
251 Views
Post# 34707767

RE:RE:Hey guys, up 9% today

RE:RE:Hey guys, up 9% today ATH, yes its on the move, 50% production is UNHEDGED, do the math. It is enormous. CASH FLOW and EPS will be HUGE. Their last qrt. was a little poor, HOWEVER, this QRT. and the next will see dramatic improvements. OIL IGNORANCE, is holding this back, along with TVE, HWX, and many more. ATH, will CRASH through its current high, next stop 3.50 plus $$$$. I, too   am loaded up. 5.00 is my target price. ACCUMULATION is NOW occurring. LOAD UP THE TRUCK. 
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