Bullboard - Stock Discussion Forum 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 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

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Athabasca Oil Corp > Warped Expectations

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Post by Nothingmatters on Jun 11, 2021 3:55pm

Warped Expectations

This market has totally warped our expectations of returns. We expect 100% of returns in a day or a week. I believe if oil stays above $70, proper valuation of oil stocks will be there. Patience is key. This summer going to be extremely hot. Pun intended. It's my opinion only. GLTA.

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Comment by cahclick on Jun 12, 2021 10:13am

Agreed. Lots of theories out there BUT don't forget most of the names in the O & G business are just beginning to recover from a multi year train wreck. We read estimates by Nuttal and others of how xyz will generate gazillions in fcf and too many assume it's already happened. Truth is, the quarter we're in right now is the first quarter oil names are booking ...more

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Athabasca Oil Corp