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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 JrOGInvestoron Jan 26, 2023 6:58am
237 Views
Post# 35247119

RE:Upcoming dividends, when and how much?

RE:Upcoming dividends, when and how much?given the amount of shares outstanding, i doubt it'd be any more than a penny a month when it starts, of course all that changes when they are at zero debt and start share buybacks. they generate nearly a billion a year (before they pay any bills of course) if they don't get bought out i'd take the company private if i was running it. 
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