ATHOF News and Press, Athabasca Oil Corp From 05/04/22

Athabasca Oil press release (OTCPK:ATHOF): Q1 GAAP EPS of -$0.23. Revenue of $389.42M (+84.0% Y/Y). Record adjusted funds flow ~$75M and record free cash flow ~$44M. Production above Guidance: 34,679 boe/d (92% Liquids) consisting of 27,909 bbl/d in Thermal Oil and 6,770 boe/d (57% Liquids) i...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are a lot of signals which indicate that oil companies should continue to see growing top-line results. That’s primarily a factor of incredibly high oil prices. We consumers feel the effects in many, many ways...

Athabasca Oil press release (OTCPK:ATHOF): Q4 GAAP EPS of C$0.70. Revenue of C$305.31M (+87.5% Y/Y). For further details see: Athabasca Oil GAAP EPS of C$0.70, revenue of C$305.31M

Athabasca Oil has successfully refinanced its 2022 debt, but at less favorable terms than I had hoped for. The warrants that were issued as a 'sweetener' will increase the share count by 15%, but will bring in more cash - if exercised. 75% of the free cash flow will be used to ret...

In this week's newsletter, we look at an oil and gas producer whose results are beginning to inflect as oil prices hit highs. We also look at a company which could benefit from continued and/or increasing COVID testing requirements. Finally, we look at a large takeover arbitrage o...

Athabasca Oil seems to have turned a page and is prospering in the current oil price environment. The 2022 bonds are being refinanced while the total amount of outstanding debt will decrease, reducing the interest expenses. Athabasca should be able to generate north of C$100M per ...

Crescent Point Energy is up over 50% since the last time we wrote on it. The path was not smooth and likely required copious amounts of antacid. We examine the events since then and the outlook for this oil and gas firm. For further details see: Crescent Point: Valuation...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) opened lower last Friday (June 18), trading at 20,010.46. It closed the period slightly under that level at 20,009.17. Despite lower oil prices, which weighed on energy stocks on the week’s last day of trading, so...

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. ...

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...