Athabasca Oil Corp T.ATH

ATH vs BTE

[cahclick]

Dukesmtl, not sure about your choice to leave ATH and buy BTE.

If you look at the 1, 2, and 5 year charts of Canadian oilies (including ATH, BTE, MEG, TOU, CVE, IPO, OBE, WCP, SGY, GXE, VET, CPG) nobody has more compelling charts than ATH.
The charts are there to see with no prejudice.

The big bounce from 2021 lows is OVER and now it's all on debt, management, buybacks, assets, return of fcf. ATH's management is killing it in this department.

Just my opinion but I think you should take a second look at your decision.

glta longs

go ATH go

[matt2018]

another name i read thrown around here is TVE How are they able to pay $84M/yr in divs with net debt balance of $1.128 BILLION ? Shareholders claim the assets are quality.  Not doubting this, I havent looked at them but by the time they get this debt down to just $1 BILLION, ATH could be net cash $500M+

[Dibah420]

 "net debt balance of $1.128 BILLION ?" That's no longer the number as of end of Q3.

[matt2018]

from the TVE Q3 2023 report..... Net debt (1)      (1,128,030)

[Dibah420]

Should have read Q4.  The "real" number to be confirmed  next month but here is the management release of December 6th. "Debt Reduction and Enhanced Return Delivery The Company remains committed to balancing long-term sustainable free funds flow growth with returning capital to shareholders. Key strategic initiatives executed through 2023, including the divestment of the