Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

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

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TSX:ATH - Post Discussion

Athabasca Oil Corp > $1 is the next target

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Post by Nothingmatters on Jun 23, 2022 3:10pm

$1 is the next target

By august fasten your seat belts

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Comment by Stampeeder on Jun 23, 2022 3:26pm

No chance. Oil will rebound in the summer. The demand for oil will be even greater

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Comment by Nothingmatters on Jun 23, 2022 3:28pm

Last i checked, it is summer already....once we go in tecession, oil will not know what hit it...

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Comment by MLEWICKIMBA on Jun 23, 2022 3:30pm

Not likelly to happen. First of all for that to happen oil needs to be 60 bucks again. Do you think that is going to happen? Athabasca Oil Corporatoion had $450M in debt. Got that down to $350Min from a new issue as you know. Since last fall has paid that down to $241M. Expect that to be $200M in a 30 days time or thereabouts. Athabasca if they wanted to could ...more

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