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

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TSX:ATH - Post Discussion

Athabasca Oil Corp > Everyday 900K to 1M CAD in Cash Flow/Free Cash Flow

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Post by MLEWICKIMBA on Jul 26, 2023 9:31am

Everyday 900K to 1M CAD in Cash Flow/Free Cash Flow

The last 26 days have been pretty good for ATH.

I am expecting 40% of $150M CAD Goal for this year for stock buybacks to date.
I am expecting $158M USD in debt outstanding.

I am expecting $188M in cash on hand.

Q2 acceptable and Q3 Rock n Roll.

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Comment by TheWokeLemming on Jul 26, 2023 9:34am

Compared to peers, ATH results should be stellar. They've obviously had the FCF to utilize the NCIB. CPG had decent results and is issuing a special dividend. That's a healthy sign.

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