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 > Hold onto your hat because you can fill it with money soon

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Post by MLEWICKIMBA on Oct 19, 2023 11:58pm

Hold onto your hat because you can fill it with money soon

Back to fundamentals

1. Cash on hand significant
2. Credit facilities in place
3. Costs under control
4. Hedging not required on 75% of sales
5. The other 25% in our favour
6. Warrants largely gone
7. Debt lowest in corporate history
8. Revenue 1.2B CAD minimum in 2023
9. Capex successful in 2023
10. All good assets now
11. S&P 200 listing
12. Share buybacks main stock price driver
13. Share buybacks progressing
14. Strong 2023 finish
15. Lots of 2024 opportunities for the business and shareholders in 2024.

4 60 is a fair price before earnings release in 14 days

Happy Friday

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