ATHOF News and Press, Athabasca Oil Corp From 05/22/23

2023-05-22 17:02:31 ET Summary Athabasca Oil Corporation has diluted shares YoY and the first quarter of the year had negative cash flows. The outlook and need for their products remain solid however but don't necessarily translate into a convincing buy right now. For the mome...

2023-05-19 17:56:24 ET The number of wildfires in Canada's Alberta province continued to rise Friday to 94, including 26 considered out of control, shutting ~240K boe/day of energy production - and perhaps more than 300K - consultant Rystad Energy estimated. Research firm Enervus sa...

CALGARY, Alberta, May 16, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) advises that due to the ongoing Alberta wildfires, the Company has shut-in two of its facilities at Kaybob within its Light Oil operations. The facili...

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 11, 2023 have been fully authorized and appro...

2023-05-11 02:51:46 ET Athabasca Oil press release ( OTCPK:ATHOF ): Q1 GAAP EPS of -$0.10. Revenue of $290.74M (-25.3% Y/Y). Production: 34,683 boe/d (93% Liquids) consisting of 29,179 bbl/d in Thermal Oil and 5,504 boe/d in Light Oil. Overall production is expected to...

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its first quarter results showcasing operational momentum at its cornerstone Leismer asset, continued debt reduction and executio...

2023-04-02 10:08:27 ET Summary Forty-nine small-cap energy producers are ranked on relative quality using a matrix with factors including, valuation, profitability, FCF, and debt. The quality matrix is a broad effort to identify those small-cap producers that are likely to be amon...

CALGARY, Alberta, March 14, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the Corporation’s normal course issuer bid (“...

Summary Repayment of all debt should be the first priority. Costs are too high to allow for debt on the balance sheet long term. Management is comfortable with a large balance as it tends to "shop" during downturns to find bargains that benefit shareholders. Cenovus demonstrates...

CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its audited 2022 year-end results. Athabasca is uniquely positioned as a low leveraged company generating significant Free Cash...