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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 Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > ATH
View:
Post by WONDER1STOCK on Nov 02, 2022 11:38am

ATH

We all know ATH will post  a profit. I hope they will concentrate on the debt for sure but then didn't Nutall say he likes a dividen?? Maybe they will split between debt and dividen.
Comment by MLEWICKIMBA on Nov 02, 2022 12:00pm
There is no chance of a dividend FULL STOP. IDividends iare not allowed under their agreement with debt holders until debt reaches 175M USD. It is currently 218.5M USD. EN does not want dividends and Athabasca Management prefers buybacks versus dividends because they want to exercise their options.
Comment by itsalie on Nov 02, 2022 12:18pm
Nuttal is the largest shareholder and it was most recently his top pick in O/G but I can't see a divvy.. pretty large float for a divvy too.. 
Athabasca Oil Corp