ATHOF News and Press, Athabasca Oil Corp From 04/12/21

New York state's pension fund said today it will sell off $7M worth of securities in six Canadian oil sands companies and not make future investments in them: Imperial Oil (IMO), Canadian Natural Resources (CNQ), Cenovus Energy (CVE), MEG Energy (MEGEF), Athabasca Oil (ATHOF) and Hu...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was on the rise last week, closing the four day trading window on Thursday (April 1) at 18,992.1. The index was supported by the energy and mining sectors, which gained on firmer oil and gold prices. On Thursday,...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) opened higher last Friday (March 5), at 18,056.74. The index was boosted by energy stocks, which were on the rise due to surging oil prices. On Friday, gold hit its lowest level in nine months , while silve...

Athabasca Oil needs $45 WTI to break even. The current oil price will give the company a massive break and the cash flow will be pouring in. Despite this, I'd rather be a creditor than a shareholder. For further details see: Athabasca Oil: All Eyes Are On The Debt Refina...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending up last Friday (February 5). The index was supported by the energy sector and the metals and mining industry, closing the week at 18,135.57 and increasing more than 4 percent since January 29. Last Frida...

Higher oil prices have caused many investors to fear shale operators will drill themselves into insolvency once again. Rig counts do not support that, and thus far neither does forward guidance. Notably though, Canadian E&Ps seem a little more aggressive. Most companies will r...

The Canadian oil sands are emerging from 2020's market crash with a more optimistic outlook, with Morgan Stanley and Goldman Sachs the latest firms to tout the industry's ability to generate healthy cash flow next year as a reason to buy stocks such as Suncor Energy (SU), Canadian Natural Res...

Athabasca Oil (ATHOF): Q3 GAAP EPS of -C$0.04.Revenue of C$42.81M (-33.7% Y/Y)Press Release For further details see: Athabasca Oil reports Q3 results

Alberta's provincial government says it will lift curbs on crude oil production ahead of schedule at the start of December, nearly two years after the previous government introduced them to support oil prices.The quotas, reset monthly, are no longer necessary because 16% of Alberta's crude oi...

Oil companies that have committed to ship their crude on the Keystone XL pipeline will be on the hook for millions in contingency payments to TC Energy (NYSE: TRP ) if the pipeline is canceled, Financial Post reports. More news on: TC Energy Corporation, Suncor Energy Inc., Canadian Na...