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 > Strong opening

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Post by MLEWICKIMBA on Jul 31, 2023 9:12am

Strong opening

Let the Ath engine roar.

1. More production in Q3 2023.
2. Netbacks good in Q3 2033
3. Buybacks continue
4. Debt gets paid down some more
5. Cash on hand goes up

Undervalued -- as stated real value this week is 3.75

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Comment by Maxmoe on Jul 31, 2023 10:29am

I'd say Ath should get to $3.75 this week with just a partial recognition of a MUCH higher real value. Not that the "real" value is only $3.75. Sorry to be pedantic, I'm going for out cheerleading go Ath go.

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Athabasca Oil Corp