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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 > Incredible low price, what's the problem?
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Post by sylvain_007 on May 27, 2021 9:49am

Incredible low price, what's the problem?

How to explain this low price. Not seems attractive, why?
Comment by AppreciateOil21 on May 27, 2021 10:52am
Patience! Right now upstream oil producers are like a spouse who cheated. They promise they have changed but nobody is convinced just yet ;)
Comment by Chris007 on May 27, 2021 10:55am
The $450 million USD in debt that comes due in Feb 2022... Obviously we are all waiting for some clarity regarding the refinancing of the notes. I think its pretty safe to say, most investors would have thought the refinancing would have been done by now.
Comment by bosstrade on May 27, 2021 11:05am
Its nothing to do with ATH or debt why this isnt going up. certinly debt financing will allow it to run. But all oil is off right now, waiting for clear direction in oil prices. This week draws were exceptional, clarity from Opec and Iran will stabilize market price.  i predict Next week with a huge draw again, Opec will make no change and Iran deal could be annouced, the oil prices will hit ...more  
Comment by Maxmoe on May 27, 2021 1:25pm
Memorial Day long weekend will be huge for oil,gasoline,jet fuel. 
Comment by 2021Gamble on May 27, 2021 2:35pm
I drove by more than a few construction sites today while working.  It is so Funny seeing a vehicle onsite for every employee - no, I am not joking. It didn't matter whether it was a city vehicle (drove through 3 cities), or AECON....they all had 1 truck on site for each employee. Now that is fuel consumption!!!!!
Comment by x-x-x on May 27, 2021 5:22pm
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