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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 > Rising Interest Rates
View:
Post by ManitobaCanuck on Nov 03, 2022 12:32pm

Rising Interest Rates

For Players like Athabasca Oil
The Fed rising rates are good for Athabasca. Imagine having 200mill in GICs paying 5.1% whereas u pay 9% on your debt of similar amount . So in effect ur paying only 4% on your debt which is good in todays world.
Comment by MLEWICKIMBA on Nov 03, 2022 12:50pm
Great assessment ManitobaCanuck
Comment by Jimmy1page on Nov 03, 2022 1:41pm
My bank account is rolling it's eyes
Athabasca Oil Corp