Athabasca Oil Corp T.ATH

ATH price at 100WTI

[ManitobaCanuck]

Has anybody calculated potential ATH price and unhedged FCF at 100$ WTI .
Probably that should be a possible target in next 5 years

[Nothingmatters]

5 years! More likely by December2021!

[CandyC]

I'll say by next summer 

[Chris007]

As per their presentation, assuming a breakeven of 43 WTI, with each $5 increment in WTI above $43 generating 70m in cash flow 100-43=57 57/5=11.4 11.4 x 70 = 798 less 100M in capex =698 in free cash flow annually, assuming the company is "naked"/unhedged That being said, this is basically more theoretical than anything...lol...like the fuel economy/mpg claims that car companies

[fellowship]

Except there is no stopping for this company to restore its fair valuation. 

[Chris007]

That remains to be seen.  As always,the fortunes of this company, as with any natural resource company is tied to the price of the underlying commodity. Thus far, we've all done well with the reflation trade. It will definitely be interesting to see if the so-called commodity supercycle comes to fruition. Plenty of other commodities have atleast temporarily stalled out/lost momentum

[ComradeKomissar]

Umm, it is NOT the just the pandemic.

[Chris007]

No, but the pandemic sure as heck was the catalyst for the massive expansionary monetary policies unleashed by central banks around the world, which is now being followed up by plans for huge fiscal stimulus (whether necessary or not).

[Nothingmatters]

One refinancing is announced, there will be no stopping this freight train. Oil is already hitting 72 atm [qsuote=fellowship]Except there is no stopping for this company to restore its fair valuation. [/quote]