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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 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

TSX:ATH - Post Discussion

Athabasca Oil Corp > Sufficient Supply And Weakening Demand
View:
Post by smallcaptdr on Nov 25, 2022 10:04am

Sufficient Supply And Weakening Demand

We should be pushing the SP up to 52-week highs as Oil trades in the $70+ and paying the same price for shares that were at these prices when Oil was at $95 has to be smart and as Oil heads lower let's push the SP even higher! Who cares if the company's revenues are down $20 a barrel from the last time the SP was this high because this is how it's done in Bizzaro's world. Enjoy playing with yourself, but I'm not trading today because I can't pay more for something that the risk is increasing to heading lower.

A $65-$70 Price Cap On Russian Oil May Be Too High To Hurt Moscow | OilPrice.com

Deepwater Oil And Gas Production To Grow 60% By 2030 | OilPrice.com

More Bad News For Oil Demand As China’s Covid Cases Soar | OilPrice.com

Oil Market Metrics Signal Sufficient Supply And Weakening Demand | OilPrice.com
Comment by Jimmy1page on Nov 25, 2022 10:09am
Ya people are going to walk to work and truck drivers are going to carry cargo on our backs. Fact is stock prices were too low at 95 so we're in a correction to the up side. If you want back into ATH you should buy now.
Athabasca Oil Corp
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