CA - Athabasca Oil: Cyclical Peak May Be Near
2025-10-10 09:49:21 ET
Athabasca Oil Corporation ( OTCPK:ATHOF ) has been doing rather well lately. This is likely due to the startup of the Trans Mountain Expansion Pipeline which began operations in May 2024. The last article covered this. This startup allowed a fair amount of heavy oil and thermal oil to be shipped to market. It therefore firmed up the discount to light oil for the time being. But any time profits increase, it is to the advantage of each company to increase production which will likely bring the larger discount back eventually. There is talk about another pipeline to get even more product available to the export market. But talk is far from appropriate action. It is very likely that the current situation is near the top of the business cycle. That makes this company a sell consideration....
Athabasca Oil: Cyclical Peak May Be Near