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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...
Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.
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TSX:ATH - Post Discussion
Athabasca Oil Corp
> Scotia Bank initiates coverage....
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•••
spurwing2
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Post by
spurwing2
on Oct 15, 2024 8:55am
Scotia Bank initiates coverage....
On Ath with a $ 6.00 target price.Heard on BNN.
(6043)
•••
retiredcf
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Comment by
retiredcf
on Oct 15, 2024 9:04am
Calling it “the SMid-Cap growth leader,” Scotia Capital analyst Kevin Fisk initiated coverage of Athabasca Oil Corp. (with a “sector outperform” rating on Tuesday. “Our thesis and recommendation are based on (1) capital-efficient growth that maximizes the value of ATH’s substantial reserves; (2) strong forecast FCFPS growth due to ATH’s growth plans and the allocation of all free cash flow
...more
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spurwing2
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Comment by
spurwing2
on Oct 15, 2024 9:08am
Thanks for posting all the details, retiredcf.I just heard it.
Thank You
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