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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

Comment by GambinoBon Jul 29, 2022 7:36pm
124 Views
Post# 34861555

RE:TSX and DOW finished up with positive Q2

RE:TSX and DOW finished up with positive Q2References and links to support your BS? Surefire sign....ok Kreskin. Markets will taper off according to who? Stop spamming all the boards with your hocus pocus bruh.
smallcaptdr wrote: Both Markets have been enjoying solid Q2 results and with higher Energy today, the Markets posted positive gains. These gains will slowly tapper off as companies finish reporting Q2 and I suspect that Sept will flip to Market selling off as economies start to slow from Interest Rate Hikes which will see additional Hikes come in Aug and Energy demand softens. One surefire sign that the Markets are expecting lower Oil is that in July Oil couldn't stay over $100 for very long so that's proof of traders' expectations for Oil going forward. OPEC meets on the 3rd and possibly announces production increases plus over time with new wells producing and economies slowing Oil will be sold off and we'll be seeing Oil surpluses instead of tightness but for now ATH sits solid.
JMHO (always DD)


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