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home / news releases / ATHOF - Athabasca Oil: A Very Welcome Oil Price Rally

ATHOF - Athabasca Oil: A Very Welcome Oil Price Rally

Athabasca Oil Corp
  • This Alberta thermal producer is enjoying an oil price rally that could not come soon enough.
  • The light oil business probably was responsible for the cash flow this fiscal year.
  • The challenge will be to cut thermal costs while growing the light oil business and reducing debt.
  • This stock is fairly speculative due to the dependence on thermal oil for most of the production.
  • A strong cash position at the end of 2019 enabled the company to survive the latest downturn.

For further details see:

Athabasca Oil: A Very Welcome Oil Price Rally
Stock Information
Company Name: Athabasca Oil Corp
Stock Symbol: ATHOF
Market: OTC
Website: atha.com
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