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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 26, 2024 12:14pm
321 Views
Post# 35953204

RE:RE:RBC

RE:RE:RBC

newtonboy wrote: "Beyond this the company has approval at Corner for 40,000 bbl/d, which likely requires outside financing given a build cost in the range of $1B, with a cycle time of roughly four years from FID."- RBC

It amazes me the knowledge of some of these hack analysts pocess and freely comment on regarding schedule, finance and budgets of major construction projects such as Cornerstone. Both TD and RBC have downgraded their ratings at a time when ATH keeps knocking it out of the park. Keep an eye on these two asset firms to see if they increase their ATH holdings in the near future. 

 

I agree. There actions seem suspect. 


They list off all the things ATH is doing right then close with a "downgrade". 

If oil runs to a 100 bucks, ATH will be lending bucks to the banks. Not vice versa 

go ATH go

<< Previous
Bullboard Posts
Next >>