Athabasca Oil Corp T.ATH

The Road to 5 Bucks Seems Pretty Clear Now

[MLEWICKIMBA]

1. Inventories will continue to be stable around the world

2. WTI should get back to 80 to 90 range -- fine

3. WCS starting to strengthen and will -- projection of $20.00 Diff in two weeks

4. TMX construction back on -- inevitable conclusion

5. ATH will keep chipping away as we end 2023.  They are masters at this concept.

6. 2024 for ATH looks good.  All past stuff is behind them and LEISMER top tier asset now.

ANY OUTAGE OR SNOWY WEATHER IN THE USA OR CANADA TENDS TO SLOW PRODUCTION DOWN.

ONE THING FOR SURE THE SAUDI'S NEED 80 TO 100 OIL IN 2024 FOR THEIR PROJECTS.

1. EXPECT A CONTINUATION OF THE OPEC CUTS IN Q1 2024

2. Expect Line Fill on TMX Feburary 1, 2024.

3. Strong possibility of Major JV on Corner Asset to build LEISMER 2.  -- Just my thoughts out loud.

The road to 5 bucks is clear....

[Paraelcielo]

Do you think ATH will ever provide a dividend in the near future?

[OGInvest0r]

Ever is a long time :)  Near term (next 12 months) hard no. They are committed to share buy back to return capital to us.  If they find themselves awash in extra cash with their 75 percent return of capital strategy then who knows after the next year. But for now they are not wanting to get bogged down with paying a dividend. I don't blame them and I am happy to be on board for

[dandu1924]

Anyway, the dividend does not change  in the share price,  just look BTE, CPG, BIR,  their dividend did not  change  the share price value. I know that I am holding BTE and BIR  but I am out  CPG  because they are back in the citrical debt level  and about BIR  they  are financing their dividend  with the debt and  the  market

[Maxmoe]

You're starting to catch on! Good for you. And no I'm not being a wise azz for a change. Most people will never get it because most people get too wound up in short term stock price performance. There is NO magic bullet to pop any of these stocks. Yes a buyback is better than none. Dividend? I still think it's somewhere between pointless and it's value is overrated unless it's

[cahclick]

  OR You could go hunting and chase another kind of Buck. GO ATH GO

[Paraelcielo]

Understand the concept now. Thank you explaining.

[MLEWICKIMBA]

N0 -- There is no reason to pay a dividend on a high torque stock such as ATH. A dividend payment will take away the buybacks.  Now if oil went to 100 bucks and stayed at 100 bucks and the pipeline TMX was flowing and ATH was a little further down their strategic road that they are on then sure. If you want a 6 DOLLAR STOCK then no dividend. IF they were to pay a 5% dividend it would be 0

[Paraelcielo]

No dividend obviously...great pointers!