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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

Post by retiredcfon Sep 14, 2024 6:49am
302 Views
Post# 36223587

Nuttall Details

Nuttall DetailsSecond stock in the clip. Spoke to him again yesterday at the Toronto MoneyShow. As previously indicated, rather than "still owns", he "bought back" at a price around $4.75 and it's now a 5% holding in his fund. GLTA

https://www.bnnbloomberg.ca/video/shows/market-call/2024/09/13/eric-nuttalls-past-picks-cenovus-energy-athabasca-oil-and-veren/

Athabasca Oil (ATH TSX)
 

  • Then: $4.35
  • Now: $5.16
  • Return:19%
  • Total Return: 19%

PAST TOP PICK
ATH-T
Athabasca Oil Sands Corp(ATH-T)
13/09/2024
Athabasca Oil Sands Corp
(A Top Pick Sep 29/23, Up 19%)
Has sold some shares, but still owns. At current oil price, company able to buy back shares. Debt free company that is hitting all target metrics. Great management team will good long term outlook.

Oil / Gas

Eric Nuttall
$5.120
Owned

 


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