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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 > Last time Oil was $72 ATH shares were $1.20
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Post by smallcaptdr on Dec 09, 2022 9:20am

Last time Oil was $72 ATH shares were $1.20

Next week's FED meeting will push Oil under $70, is ATH even making any money after the high cost of production? That's why SP was $1.20 because they're not making money. 


Comment by Oil2018 on Dec 09, 2022 9:24am
STOP WRITTING LIES. WHY ARE THEY DEBT FREE .....BECAUSE THEY WERE Making money!
Comment by JrOGInvestor on Dec 09, 2022 9:53am
Debt Target does not equal debt free, and you can't take a snap shot "last time oil was this the share price was this". Share float was different, debt was different; it's widely known they need 45-50$ / barrel to pay the bills and above that is adjusted funds flow/free cash flow. You're entitled to your own opinion, not your own facts.
Comment by cahclick on Dec 09, 2022 10:28am
  Bwahahaha . . . and the time before that it was $5.50 . . . so what's your point Einstein ?
Athabasca Oil Corp
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