ATHOF News and Press, Athabasca Oil Corp From 03/11/19

With the Q4 results , Pengrowth ( OTCQX: OTCQX:PGHEF ) announced a strategic review because of its refinancing challenges . The company is facing the consequences of dealing with high debt and some short-term maturities in the context of a depressed Canadian oil environment. ...

Athabasca Oil ( OTCPK:ATHOF ): FY GAAP EPS of -$1.11. Revenue of $763.05M (-1.2% Y/Y) Press Release More news on: Athabasca Oil Corp., Earnings news and commentary, Energy stocks news,

Alberta's government says it signed contracts with Canadian National (NYSE: CNI ) and Canadian Pacific (NYSE: CP ) railroads to lease 4,400 rail cars , in its latest move to clear a glut of oil sands crude that has depressed prices. More news on: Canadian National Railway Company, Canadia...

Alberta's provincial government says it will ease mandatory oil production cuts in February and March, earlier than expected, saying its actions have eased a glut of crude. More news on: Canadian Natural Resources, Ltd., Suncor Energy Inc., Imperial Oil Ltd, Energy stocks news, Read ...

Canadian crude-by-rail loadings hit a record 356K bbl/day in the week ended Jan. 11, up from a daily average of 296K bbl/day last month, Bloomberg reports, even as heavy Western Canadian Select’s discount to the U.S. benchmark reaches a level that makes rail transport inefficient. ...

Canadian crude prices have rallied to trade at the smallest discount to U.S. oil in a decade, as Western Canadian Select has surged 40% since early December , when the Alberta's provincial government forced producers to cut output by nearly 9% in a bid to boost depressed prices. More n...

Welcome to the single-digit edition of Oil Markets Daily! Western Canadian Select (WCS), or Canadian heavy oil prices, is trading at a discount of $7.50/bbl on the prompt future. Source: BMO That's staggering considering that just three months earlier, Canadian heavy oil producers we...

Western Canadian crude prices remain elevated as Alberta's mandated oil production cuts come into force, but a government spokesman says it is too early to say how long the program will remain in place. More news on: Suncor Energy Inc., Imperial Oil Ltd, Cenovus Energy, Inc., Energy s...

Athabasca Oil ( OTCPK:ATHOF ) is making one surprising move after another. Those moves are designed to preserve liquidity while at the same time demonstrate the value of the underlying assets. Mr. Market is ignoring the improving financial position. However, enough operating progress could for...

In a frustrating week for stocks in general, MLPs finished positive and midstream outperformed again. Over the last two weeks, MLPs are down 1.1% and midstream is down 2.5% compared with a 5.8% decline in the S&P 500. Utilities are up 1.7% over those same two weeks. Two zombie MLPs will ...