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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 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 > Let Prophet Duster speak
View:
Post by Deutz9170 on Feb 17, 2023 2:29pm

Let Prophet Duster speak

State your six month price for ATH. Let's bring some credibility to your posts
Comment by Duster340 on Feb 17, 2023 3:36pm
Mid august oil will be higher than today, will still be in driving season, my guess wti up to $90 per/barrel  ATH will also be higher than today. to many other variables to put a price on it, but it looks like ATH peaked around $3.33 in june/2022, and wti was about $120 a barrel if i remember correctly. so i am thinking not a whole lot of upside from here going by last years peak. i think i ...more  
Comment by Outsidetrader on Feb 17, 2023 3:43pm
Ath had lots of debt last year so it doesnt neeed 120 a barrel to make a new high
Comment by MLEWICKIMBA on Feb 17, 2023 11:23pm
You are retarded Duster. Do you know anything about balance sheets.   Yes ATH had very high debt last spring although it was being repaid rapidly.  The agreement they signed meant that debt holders had to be paid first and no shares or dividends could be paid until they reduced that debt by 50%.  Their balance sheet was near death only a year before that.   Now in ...more  
Comment by Deutz9170 on Feb 18, 2023 11:31am
Thank you for that ML.
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