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.

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 retiredcfon Dec 05, 2023 6:45am
303 Views
Post# 35768423

Comparisons

Comparisons

Here are the expected sales growth and price targets for these companies based on consensus estimates.

ATH’s revenue growth is expected to be around 34% next year, a 12-month average price target of $5.09, implying a potential return of around 32%.

TVE’s revenue is expected to grow approximately 13% next year, a 12-month average price target of $6.05, implying a potential return of around 69%.

NXE is still in the developing stage, the business model is still unclear and NXE is still burning cash and issuing shares.

Among these names, TVE offers the highest POTENTIAL returns as the company reinvests heavily back into drilling.

ATH and TVE are cheap and there is a size difference here as well. TVE has underperformed while ATH has done very well as it paid down debt and cash flow grew. NXE has no revenue yet but has soared along with the uranium sector. We like it for higher risk exposure to the sector but it needs to be considered very different than the other two. (5iResearch)

<< Previous
Bullboard Posts
Next >>