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

Add To Watchlist

TSX:ATH - Post Discussion

Athabasca Oil Corp > Eric Nuttall

View:

Post by retiredcf on Apr 23, 2024 12:35pm

Eric Nuttall

As a past pick (again) on today's show, he essentially provided the same narrative as he did two months ago (ie. no longer a shareholder). GLTA

PAST TOP PICK

Athabasca Oil Sands Corp(ATH-T)

02/04/2024

(A Top Pick Feb 24/23, Up 81%)

Trades at 11% free cash flow yield. Disciplined, he sold and took profits, though realizes this could be a mistake. They have two large projects that could increase production later. Management have done a great job.

Oil / Gas

Eric Nuttall

$5.140

257

Comment

Comment by CJInvestor on Apr 23, 2024 12:44pm

Well since he left we have 0 momentum so he's done the trade right.

100

Comment

Comment by retiredcf on Apr 23, 2024 2:23pm

Last stock in the clip. Almost dismissed it as an afterthought because as mentioned, he previously sold his holdings. GLTA https://www.bnnbloomberg.ca/video/eric-nuttall-s-past-picks~2909485 Athabasca Oil (ATH TSX) Then: $2.93 Now: $5.03 Return: 72 per cent Total Return: 72 per cent

121

Comment

Comment by retiredcf on Apr 24, 2024 6:03am

Obviously, he spoke about ATH before he got to the past picks. GLTA BUY Athabasca Oil Sands Corp(ATH-T) 22/04/2024 They were the first in this sector to reach zero debt, and they heavily bought back shares, which helped raise the share price an outperform. Oil / Gas Eric Nuttall $5.030 No PAST TOP PICK Athabasca Oil Sands Corp(ATH-T) 22/04/2024 ...more

173

Comment

Comment by CJInvestor on Apr 24, 2024 6:15am

He's a flat out liar. Lost all credibility. He sat there last year and predicted 650 a share now can't see this over 5 bucks in the current oil price climate? Is he shorting this now or something? I am shocked longs are not more upset on here. Eric always espoused the virtues of zero debt and buy backs yet now is heavily invested in companies like BTE which are as heavily in debt as they ...more

181

Comment

Comment by dandu1924 on Apr 24, 2024 8:31am

The debt is not just the matter to evaluate the company, the potential of the production or the amount of the barils can be prodruce is the most important thing , ATH is around 30,000 boe/d to compare with BTE over 155,000 boe/d and BTE with the actual oil price will reduce their debt sooner than expected.

162

Comment