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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 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.


TSX:ATH - Post by User

Post by smallcaptdron Jun 22, 2022 1:32pm
224 Views
Post# 34774604

Oil Falls as Recession Worries Rattle Commodity Markets

Oil Falls as Recession Worries Rattle Commodity MarketsThe reason that I'm posting these thoughts and news releases is to add some insight to where Oil is heading and ATH runs on Oil prices. No one including myself want to see people lose money if theres a way to add facts to what drives Energy stocks. Thats why I said HOD would be a great investment as Oil heads lower the SP of HOD will head higher and if Oil drops under $100 into the $90's HOD could be a $4 stock by the end of Jul or sooner so I took a position and CIBC bought over 8Mil shares average at $2.37 today, Plus theres only 30 Mil shares and over 11Mil shares have been bought so far today.This could be the score of the month from todays SP.  As I said, READ as much as you can! and watch Oil prices  JMHO (always DD)

https://ca.finance.yahoo.com/news/oil-declines-slowdown-risks-weighed-002016686.html


HOD Chart shows where its been heading after the price of Oil started to drop.

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