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Bullboard - Stock Discussion Forum 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... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > OIl and ATH are taking a break until April
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Post by lovehockey on Mar 11, 2021 11:02am

OIl and ATH are taking a break until April

Oil is stalling because of the increase in crude inventory (I know, I know frozen refineries story but nevertheless) and will continue going up sometime in April. Opportunities for ATH buyers to accumulate cheap shares at 60 cents for the next 3 or so weeks until the next explosion.
Comment by Mtklip on Mar 11, 2021 11:04am
I guess some of their less favorable hedges come off at the end of March. I think they should not refinance until later in the year when the oil prices will potentially be at the highest.
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