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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 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

Athabasca Oil Corp > Time to switch to a Veren position
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Comment by cahclickon Jan 22, 2025 12:12pm
53 Views
Post# 36415309

RE:Time to switch to a Veren position

RE:Time to switch to a Veren position

MikeTinvesting wrote: First off,  I love this  company and has performed extremely well since the 2020 lows and will continue  to  do well. I feel now however, there is one name in particular  with much better potential upside. Veren in my opinion stands out above the rest of the oil patch hands down.  Eric Nuttall's current top pick aswell . While Admittedly he has been hit or miss with his choices. Tune in to  36:20 of this video  
https://youtube.com/watch?v=khnjAp3wlWs…

 

If you're seriously thinking of buying that P.o.s., do some dd.

Imo, management cannot be trusted. Every time they get 50 bucks in their pocket they take on another gazillion bazillion in debt. 


Dont take my word for it. Do some reading. 

Strictly empire builders and don't give a rip about shareholders. 


jmo

GO ATG GO

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