Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Nice close today
View:
Post by MrICE on Jun 28, 2021 4:49pm

Nice close today

Holding strong. 

Eric thinks oil could be $80 in as short as 8 weeks. 

can someone do the free cash flow math on that ?
my calculator doesn't go that high

Comment by Chris007 on Jun 28, 2021 5:15pm
LOL...what kind of calculator are you using...its not that big of a number...or remove some zeros when you do the calculations Also keep in mind that roughly 60% of production is hedged at much lower prices (mid 50s) until the end of the year IF production was entirely unhedged: Breakeven at 43 WTI, with each $5WTI increment generating 70M in CF 80-43=37 37/5=7.4 7.4 x 70 = $518M  Less ...more