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 MLEWICKIMBAon Jul 21, 2022 5:59pm
175 Views
Post# 34841773

Unleveraged Almost (50%, 63% and next week XX%)

Unleveraged Almost (50%, 63% and next week XX%)Fellow Investors, It miggt not hit $3 50 after q2 2022 sure but the market should recognize the fact that this firm has achieved quite a bit in nine months. If you dont mind holding it for six months shareholders should witness some unlocking of shareholder value as they state. This alone will rally the shares over that period. Is 90 dollar oil possible? Yup but that will trigger a lot of demand i would think. There wont be a takeover of Athabasca Oil Corporation until one of the other firms decides to go after Athabasca Oil Corporation. 1. 2023E - FCF is strong at $85 WTI - unhedged 2. Unleveraged the firm can buyback shares 3. Big tax loss carry forwards Could a takeover bid happen - yes prior to q4 2022 i think. But I think the team at Athabasca Oil Corporation prefers to see it out. Expect an interesting ten days. Also remember many things can trigger a rallyvin oil prices like hurricanes, Iran, Russia again, Opec, other.
<< Previous
Bullboard Posts
Next >>