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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 cahclickon Oct 05, 2023 7:41pm
106 Views
Post# 35672253

RE:RE:RE:RE:Financial Markets Where -'USA

RE:RE:RE:RE:Financial Markets Where -'USA

bullhorn3 wrote: cahclick, I like your answer the best but it is still faulty. SP was rising before any buybacks started. SP has not been significantly affected by buybacks IMO; rising SP is due to profitability.  Buyfacks announced in March 2023. It would be interesting to discover when additional shares were added by ATH and see if the SP dropped at that point... but I don't knoow the answer to that yet. Compaare MEG and ATH, both sort of in the same business. Share buybacks of MEG started before ATH and did not have significant effect. I get a chuckle from posters who attack personally when they run out of facts, but you are OK.


 

It was clear to me you were just trying to start a riot :)

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