Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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.

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Athabasca Oil Corp > Upgrades

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Comment by retiredcfon Dec 07, 2023 11:10am

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Post# 35773049

RE:Upgrades

Unable to cut and paste the TD reports these days but the heading of their report summed things up nicely: "Sharp Pullback Creates Attractive Entry Point". They reiterated that ATH is one of the strongest companies that they cover, it has a pristine balance sheet and does not expect to become tax payable until 2030. As a result, they "confidently" upgraded to Buy. GLTA

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