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 Dec 23, 2022 12:33pm
277 Views
Post# 35189757

Overseas gains, US Bearishness

Overseas gains, US BearishnessOnce again the US is trading below 9:30am opening handed over by overseas who seem to believe Russia and China but the US isn't adding to Oil prices over the last couple of days pushing down overseas prices but being Friday before the holidays there's not a lot of traders and volume is lower. We'll know in 5 days if Oil will be over $80 or below but one thing is for sure we are closer to $70 low than we are at $90 and I can't see Oil hitting $100 during a global recession unless something drastic happens so we roll with the punches and trade with the times and as far as ATH they have been hurting with no signs of Keystone opening and their Q4 will show what was lost and I'm thinking $50Mil is being conservative and they have been storing Oil and their storage which only holds a month of Oil so this is all guesses how bad they will be hit but their SP is rallying by idiots ATH is in trouble and every day that passes get worse and I wouldnt pay more than $2 for ATH because on top of losing money they are Oil Sand producers and we all know that the cost of production is close to $40 a barrel so Oil in the $50 they're going broke and $60 Oil keeps the lights on and $70 Oil isnt much better so stick with BTE and CPG safe money.. Good luck to everyone who will be holding shares over the holidays.
<< Previous
Bullboard Posts
Next >>