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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.


TSX:ATH - Post by User

Comment by matt2018on Jun 19, 2024 11:27am
119 Views
Post# 36095995

RE:RE:RE:RE:RE:RE:What a dream for buybacks

RE:RE:RE:RE:RE:RE:What a dream for buybacksI mentioned that in my original post, ATH has already made the big move higher last few years.
Last 3 months, ATH down about 5%, SU about even. 
They are rangebound with price of oil, that was point I was making.
Over your head.



woodsmen wrote:

Yah I think for the 3 year spans that  
SU is up = 75% 
CNQ is up = 132%
ATH is up = 442%
So I guess they all need the next Catalyst to move them higher!!!



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