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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 MLEWICKIMBAon Jan 26, 2023 10:15pm
289 Views
Post# 35249358

RE:RE:RE:Upcoming dividends, when and how much?

RE:RE:RE:Upcoming dividends, when and how much?What you said is correct.  It's not a dividend stock because management wants to sell some of their options.  That's good for us.  That means either stock appreciation to 4 bucks or above or as you say taken over at 4 bucks plus -- probably 5 bucks +

If its taken over management exercises all of their options and we get richer too.

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