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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 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 > DIVIDEND COMING
View:
Post by Moremoney4u on Nov 03, 2022 7:56am

DIVIDEND COMING

ok , here it is a dividend in the new year, it is coming. THEY have met their debt target, and NOW will return funds back to shareholders. A .01 cent dividend shoild be coming, this is a small percentage. THIS IS A GEM, load up the truck.
Comment by MLEWICKIMBA on Nov 03, 2022 8:48am
Read the release MDA and PP Presentation. Dividend no. Share buybacks yes. For them Dividend is useless. With warrants and options NCIB Share buybacks will get that share to 4.50 to 5.0 by spring. But hey maybe a token Dividend is coming.
Comment by cahclick on Nov 03, 2022 9:07am
  Agreed, ATH management is clear they will use cash for debt, then NCIB but they could also throw a bone to shareholders for hanging tight via special divy. No matter, share price is gonna grow as long as wti stays up in current range or higher. Q3 report is as good as we could hope for imo. We'll see how the market responds in coming days. glta