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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.


TSX:ATH - Post by User

Athabasca Oil Corp > Undervalued -- Full Stop
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Post by MLEWICKIMBAon Mar 08, 2024 12:53am
405 Views
Post# 35922030

Undervalued -- Full Stop

Undervalued -- Full StopWith a tighter WCS Price in sight as April comes ATH is undervalued.

Q1 2024 will be better than Q4 2023.
Q2 and Q3 2024 ATH could pay off its remaining debt and have 400M Cash on hand.

The shares should be 6 PLUS.  

I would love 6.99 as that is the price I bought my shares at back in 2014....

:) 

Have a great Friday.  


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