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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 lovehockeyon Dec 13, 2023 6:46pm
166 Views
Post# 35783367

RE:Anyone calling for Ath to pay a div

RE:Anyone calling for Ath to pay a div This is what I learnt recently owning some Gear Energy. Buyback is 100% better than regular base dividend for short and medium term as far as share price is concerned. Every dividend paying stock is way behind Athabascaif you take into consideration the last 52 weeks. I suggest that it is so much better to introduce a special dividend, very similar to what Tourmaline does. Give some cash back to the shareholders but only if there is an excess of cash on hand. 

Paying regular base dividend usually gives you nobenefits for your share price other than receiving some additional and at times insignificant amount of cash. 
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