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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 > My immediate target is 3.75 for this week.
View:
Post by MLEWICKIMBA on Jul 24, 2023 4:18pm

My immediate target is 3.75 for this week.

1. 21 cents from 3.75

2.  3.75 is a fair price for ATH for executing in Q2 2023

3. Expectations for a huge Q3 2023 in terms of BPD Production, a tighter WCS Diff (although 16 today), higher average quarterly WTI price should drive Ath to 4 25 to 4 60 in the fall.

TAKEOVER in December 2023 of 5.25 to 5 50 a share is possible. Maybe 6.00 even.
Comment by woodsmen on Jul 24, 2023 4:27pm
Morning Star Fair Value rating has ATH at  $4.15 right now, so $3.75 is more than do able this week with Oil Creeping higher, and earnings imminent after the close tomorrow or Wednesday...
Comment by Deutz9170 on Jul 24, 2023 4:45pm
I hope so. The only thing though , is that Morningstar is as accurate as my whiz stream, with a Morningwood.
Comment by woodsmen on Jul 24, 2023 5:07pm
Agreed, Analysts are just that Analysts but 60 cents  from here is not unbelievable, when stocks move they move.
Comment by Deutz9170 on Jul 24, 2023 5:48pm
Your 100 percent right. You're an exception to the rule I just stated . Woody!!!
Comment by Maxmoe on Jul 24, 2023 8:27pm
Sounds like bragging to a grumpy old man. Good for you. 
Comment by YupnDump on Jul 25, 2023 7:10am
$4.00 will be on tap soon...keep your ears on the tracks to hear the rumbling of bulls stampeding to buy. BULLYAH...!
Comment by Maxmoe on Jul 24, 2023 8:25pm
I'm expecting disappointing q2 numbers, but I love surprises! Anybody reacting to q2 numbers is going to miss "last call" because I agree q3 is setting up to surprise on the upside. I'm also hoping/expecting some discussion and update with just the raw numbers. Production update and 2023 exit rate, debt repayment past and schedule, NCIB progress and plan for remainder of 2023 ...more