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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

View:
Post by cahclick on Sep 03, 2024 9:22am

FRIG

WTI getting trashed again.
Currently at $71


go ATH go
Comment by matt2018 on Sep 03, 2024 9:55am
this trend reverses when OPEC+ comes out with statement that the current cuts stay as is till end of year.  They tried to flex muscle but are getting it handed back to them. They dont meet till Oct 2nd. Just like energy producing companies with heavy debt load to service, these NOC's cant survive on low Oil price just the same.
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