Athabasca Oil Corp T.ATH

Re ATH

[WONDER1STOCK]

Would be great time for ATH to buy back some shares . It would show confidence and help the share price rise.

[elducky]

Their debt deal is they need to get it to half before they do anything else. So share buybacks are still a number of months off.

[Moneyloop]

So we're looking at 2023,for that to be the situation. Clear Debt Reduction Targets. The Company is planning to utilize 100% of nearterm free cash flow  to reduce its term debt and is anticipating being in a net cash position by year 

[Moneyloop]

Mind you,this can easley be achieved by 2022 if WTI trades between 125$ / 200$ for the remainder of the year.  

[ComradeKomissar]

ATH has $45M FCF sensitivity to every $5 increase in WTI. ATH projected $180M FCF at WTI $85. ATH may get $495M FCF if WTI averages $120 for the year. This definitely puts them in a position to meet their "net debt" target by summer, and pay a divvy or buy back shares.

[ComradeKomissar]

These are unhedged sensitivities. Still, this means that $180M FCF will be a double.

[CLOUDER]

well  i do not know about you , but   the $100,   even  $200   oil  is here to stay,  till the hole system  comes a crashen down,all the hard assets,  comodities, food,ext,   protit by it to lessen the blow  is my motto.