Athabasca Oil Corp

ATH

Equity

ISIN CA04682R1073 / Valor 18598481

Toronto Stock Exchange (2024-12-24)

CAD 5.11+2.61%

Athabasca Oil Corp
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About company

Athabasca Oil Corporation is a Canadian energy company primarily engaged in the extraction and production of liquid hydrocarbons. With its operations focused within Alberta, the company has positioned itself as a significant player in the development of the country's most active resource plays, namely the Duvernay and Oil Sands regions. Athabasca Oil boasts a production base of approximately 35,000 to 40,000 barrels of oil equivalent per day (boe/d), with a substantial majority of its output comprising liquids. The company's business is strategically divided into two main divisions: the Thermal Oil Division and the Light Oil Division. The Thermal Oil Division is noted for its role in ensuring a low corporate decline rate while generating considerable free cash flow, primarily through the exploitation of oil sands. On the other hand, the Light Oil Division focuses on achieving high-margin returns from the liquids-rich Montney and Duvernay shale plays. Athabasca Oil emphasizes its commitment to maximizing profitability through prudent capital activity, leveraging its diversified asset base which is characterized by a remarkable reserve life of approximately 90 years.

Summarized from source with an LLMView SourceSector: Energy

Latest Results ():

Summarized from source with an LLMView Source

Key figures

22.2%1Y

337%3Y

781%5Y

Performance

31.5%1Y

50.0%3Y

69.9%5Y

Volatility