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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

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Post by Newcomer12 on Mar 02, 2022 6:54pm

Help

I am not good understanding the report.. can someone please explain in short what is this all about. Good or Bad news ? thank you
Comment by elducky on Mar 02, 2022 8:05pm
It's as expected essentially. There's not a lot of mystery to ATH, they make lots of money when oil is high. That's about it.  Cash flow was as you would expect, pretty good for oil at about $85 in Q4. Story continues, they make a lot of money, so if you think oil wil be over $80, insanely undervalued. I'd love to see Q1 results at current prices.  Reserves are valued at ...more