Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 08, 2022 7:23pm
239 Views
Post# 34812264

Why did ATH selloff today with $105 Oil?

Why did ATH selloff today with $105 Oil?What a messed-up day! ATH was the biggest surprise trading down to $2.13 on the back of higher Oil prices. 23Mil shares were traded so there were buyers but they had a hard time making money because the SP stayed around $2.13 at the low end. With Q2 coming up quick let's hope that they release their Q2 before the 27th when I think that the FED's come out with another Rate Hike maybe ATH management will pick up on it and come out before then and we can hope that the day they release Q2 that the Market is in a green mood with buyers and Oil is above $100. Since Q3 started at the beginning of July Oil on average has been around $103 and that's better than Q1 when Oil was on average $85 and ATH had record revenues compared to Q1 2021. My point is Q2 and so far Q3 ATH will continue to grow revenues. Everything for ATH depends on the price of Oil and has been in 2022 Maybe Oil will trade high starting Monday at least to Wednesday when more US data starts coming out and everyone who bought today will reap the rewards and have a payday. GLTA JMHO (always DD)
<< Previous
Bullboard Posts
Next >>