Athabasca Oil Corp T.ATH

MTD WTI AVG is $99.71

[MLEWICKIMBA]

Might soften a bit next week but in terms of daily sales, cash flow / free cash flow it is still great for Athabasca.

[Moneyloop]

My hunch,ATH will trade on the downside or flat until the quarterly release. And probably a dead cat bounce after the release or stagnate.Unless they announce a blockbuster headline........    

[MLEWICKIMBA]

I agree thats the risk - a long time also between June 6th and July 27th.....

[MLEWICKIMBA]

But you know if we stay in this range for the next 5 months its pretty good for oil firms and probably rerates them because hopefully less volatility, less inflationary pressure and a way we go. I think Ath 2.95 end of the year and steady if oil 90 to 95....especially if WCS back to normal differential.

[cahclick]

I think you're light at 2.95 I believe all oily names are in for a signicant bump as they dump their DEBT drag. $100 wti has been a wild card dealt to the sector that lets them out from under the heavy weight of debt in a pretty short time frame. Most oily's can survive at HALF the current $100 WTI so once debt is of their balance sheets it's a new game baby ! Go ATH Go