Athabasca Oil Corp T.ATH

Long Term Target

[ManitobaCanuck]

Hedging at $75 WTI looks possible going forward.  The company will be out of debt by next June.  The share price will be over $2 by then.  A resonable dividend that starts after that of 25 cents  share will take the stock to $5. The biggest risk is being bought out cheap, #$%$ years from now it could be $10 a share with a 50 cent dividend. Really nice for a retirement plan or education fund.  Hold 50,000 in my RRSP and TFSA combined ,purchased at 25cents average.

[Oil2018]

Nice. How do you see it going from 2$ to 5$. They don't seem like a company that will pay a dividend. Things do change however

[duderguy72]

I think it'll be a hard trek to get to $2. $1.50 may be hard enough.

[bosstrade]

We are on the verge of $80 WTI. On the verge of an energy crisis. A year away from transmountain where we can get wcs to other markets during a crisis. Oil Investors are in the now moment still. Show me and I will buy. Dividends, strong balance sheets, and future growth. All solid fundamentals. Unlesssssss we go into an energy crisis, like now!!!i these companies profits could easily be out of

[fellowship]

Heavy oil development early 2022 NEAR-TERM INFILL WELLS o Pad L7 sustaining well pair; first oil in July 2021 o Two Pad L6 infills; first oil July 2021 Leismer PAD L8 PROJECT o D&C complete; facility construction commenced o Highest quality reservoir drilled to date at Leismer o First steam Q4/21 and first oil early 2022 o Expected to add >5,000 bbl/d with a multi-year plateau  o

[JrOGInvestor]

i've been following this stock for some time and I think it's very possible for this stock to hit $5 a share next year even without the dividend (the caveat being the new floor is 75$/bbld) where they hedge. They won't quite get out of their note in time so they'll have to work something out sooner than later for obvious reasons (the least of which is pissing everyone off). Given