TSE:ATH

Athabasca Oil Sands Corp (ATH.TO)

11.46
-0.55 (4.58%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 7, 2026, 12:00 am

This summary was created by AI, based on 11 opinions in the last 12 months.

Athabasca Oil Sands Corp (ATH-T) is currently seen as a strong investment in the oil sands sector, as multiple experts highlight its commitment to returning 100% of free cash flow to shareholders while reducing share count and increasing production. Many reviews suggest that the stock has a positive long-term outlook, with expectations of significant upside potential, particularly at higher oil prices, indicating confidence in its ability to rebound despite market volatility. Technical indicators also support the idea of a long-term bullish trend, along with substantial reserve potential and ongoing stock buybacks. While some experts express caution about market pressures, the overall sentiment is optimistic, suggesting this is an attractive buying opportunity going forward.

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Consensus
Positive
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Valuation
Fair Value
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SU
TOP PICK

(A Top Pick Oct 28/11. Down 0.97%.) If you look at the last 2 joint ventures that this company did, around $1 a barrel and where Chinese companies were willing to put up hard dollars for the assets, you’ll get a value of probably $24-$25 today. It either gets bought or moves substantially higher. Great long-term assets.

PAST TOP PICK

(Top Pick May 25/12, Up 40%) Bought more. Profitable. Management owns a ton of the stock.

TOP PICK
Very defensive name. Since its IPO it has bounced off $10 every single time. Crossed through the 200 day moving average for the 1st time in a year. Expected to announce results from their TAGD pilot.
TOP PICK
Eric’s theme tonight is “Getting something for nothing”. This gives you 2 million net acres of Duverney, Montne, Nordig (?) rights and you also get 3 billion barrels in a formation called Leduc, and oilsands property. If you take where their net cash is going to exit at the end of this year as well as their conventional oilsands, he gets around $11 so it is trading at a 5% discount.
TOP PICK
Sold interest in 2 of their projects to Petro China at the equivalent of $1 a barrel. If you put that on all of their oil sands developments, effectively you would have the stock at over $25 a share. Insiders are buying the stock as well. Have some light oil production coming in from the Duverne area, which will probably get 10,000 barrels a day by year end. Huge discount to the NAV.
BUY
Thinks this one goes higher. Very solid and well capitalized. Doing some interesting things on the joint venture front. Think this one will go higher.
COMMENT
(Market Call Minute.) Potential buy here. Have 5 rigs running in the deep basin. Will have a serious catalyst coming up in terms of Duvernay Oil (DDV-T). With regulatory approval on their Dover project, they could exercise a Put option and bring $1.3 billion into the company's coffers.
PAST TOP PICK
(Top Pick Mar 8/11, Down 33.50%) Turned into a tired old thing because we expected it to become a producer. It needs to produce some results.
TOP PICK
Street believe $6 more in the stock. He agrees.
TOP PICK
(Top Pick Oct 28/11, Down 11.69%) Likes the oil sands. Deal they recently did where they exercised put options from Chinese is impressive. The arbitrage difference is tremendous. Have light oil production for current cash flow. Thinks the market is not recognizing them properly. All the pieces are falling into place.
BUY
(Market Call Minute.) Has huge reserves of about 9.5 billion barrels and 1.7 million acres. Great management and good cash position. Petro China deal is very positive for it.
SELL
Was taken public and a lot of insiders dumped a lot of shares afterwards. A lot of early investors did very, very well, but not the later investors. Put a negative market sentiment around the company. He is among the people taking a second look. It was always an attractive company but it was over promoted. Required a lot of consolidation to come back on the radar screen. Taking some cash now is a reasonable thing to do.
PAST TOP PICK
(A Top Pick Nov 5/10. Up 3.79%.)
BUY
Has an oil sands project that is slated to come on in 2014-2015. Great optionality to it and great leverage to the price of oil. At these levels, is pretty reasonable to hold for the next couple of years.
BUY
There are few companies in the oil patch that have more rumours floating around them. Sitting on both oil sand assets and others that are yet to be developed. Have 1,000,000 acres of Deep Basin, an extraordinary area to have land as there is no water as well as stack pay. Can probably do pretty well.
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