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 > My $2 pesos

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Post by cahclickon Apr 02, 2024 11:47am

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Post# 35965275

My $2 pesos

I kinda think the last few trading sessions suggest somebody's unloading a big position while oil is green and would otherwise give a boost to share price.

SP keeps moving from green to red to green. To me it suggests somebody's unloading a big position and trying not to crush the price by doing a big dump.

If my hunch is true, the SP should see a jump up as soon as the position is unloaded.

Just me wildazz guess

go ATH go