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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

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

TSX:ATH - Post Discussion

Athabasca Oil Corp > WCS Improvement
View:
Post by uwebb429 on Feb 22, 2024 3:02pm

WCS Improvement

An interesting slide from MEG's presentation that shows the reduced WCS differential as soon as the new TMX pipeline starts flowing. Canadian heavy oil producers like ATH and MEG should see improved cash flow in Q4 2024 compared to 2023. 

https://twitter.com/Gugo907/status/1760384538663166392
Comment by BigJake on Feb 22, 2024 5:01pm
Personally if we see the difference hang around in single digits, that sounds pretty good to me
Comment by cahclick on Feb 23, 2024 7:14pm
  If the predicted wti/wcs differential predicted by MEG turns out to be true, it'll be a huge windfall for MEG and ATH. Nice close today. Another 52 wk high. go ATH go
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