Athabasca Oil Corp. is an exploration and production company, which engages in the development of thermal and light oil assets. The company is headquartered in Calgary, Alberta and currently employs 181 full-time employees. The company went IPO on 2010-04-08. AOC’s segments include Thermal Oil and Duvernay Energy. The Thermal Oil segment consists of two operating oil sands SAGD projects and a large resource base of exploration areas in the Athabasca region of northeastern Alberta. These projects provide Athabasca with a material low-decline production base that generates significant free cash flow for the business. The thermal assets use steam-assisted gravity drainage (SAGD), which is an enhanced oil recovery technology for producing bitumen. The Duvernay Energy operating segment includes the Company's assets, liabilities, and operations located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. Its light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which it owns a 70% equity interest.
Follow-Up Questions
Who is the CEO of Athabasca Oil Corp?
Mr. Robert Broen is the President of Athabasca Oil Corp, joining the firm since 2012.
What is the price performance of ATHOF stock?
The current price of ATHOF is $4.92, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Athabasca Oil Corp?
Athabasca Oil Corp belongs to Energy industry and the sector is Energy
What is Athabasca Oil Corp market cap?
Athabasca Oil Corp's current market cap is $2.4B
Is Athabasca Oil Corp a buy, sell, or hold?
According to wall street analysts, 12 analysts have made analyst ratings for Athabasca Oil Corp, including 1 strong buy, 7 buy, 5 hold, 0 sell, and 1 strong sell
