Athabasca Oil Sands Corp (ATH-T) Stock Predictions - Stockchase
WATCH LIST
174
Athabasca Oil Sands Corp (ATH-T)

ON STOCKCHASE SINCE Apr 2010

oil/gas

Athabasca Oil Sands Corp

ATH-T

76 watching          
Join the Discussion

Athabasca Oil Sands Corp (ATH-T) SAVE Apr, 19, 2019, 7:16 am

1.01 0.05 (4.72%)

About Athabasca Oil Sands Corp (ATH-T)

Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. More at Wikipedia

What the experts are saying about ATH-T



  • All
  • Filtered
Signal Opinion Expert
BUY
If you believe in $60 oil or higher, this offers the highest leverage of any name. If you believe in $55 or lower, you do not want to own this. This company is very sensitive to oil price and oil differential. Negative cash flow at $55 oil and positive cash flow at $60 oil. If Line 3 does come on next year, and oil by rail ramps up, and if get positive resolution to Keystone or trans mountain, this could be a double or triple.
oil/gas
0 0 0 0 0
0 comments
If you believe in $60 oil or higher, this offers the highest leverage of any name. If you believe in $55 or lower, you do not want to own this. This company is very sensitive to oil price and oil differential. Negative cash flow at $55 oil and positive cash flow at $60 oil. If Line 3 does come on next year, and oil by rail ramps up, and if get positive resolution to Keystone or trans mountain, this could be a double or triple.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$0.850
Owned Owned
Unknown

COMMENT
He thinks WCS will stabilize at $17 discount to WTI for the next few years. If you see Line 3 being completed this year and rail filling the gap, this company offers a tremendous leverage to tightening WCS. Their debt levels have been cut sharply. At $55 WTI, this company generates massive cash flow. At $80 WTI and $20 WCS discount, his target is $4.13 for the stock price. At $70 it is $2.67 per share. You can see the leverage.
oil/gas
0 0 0 0 0
0 comments
He thinks WCS will stabilize at $17 discount to WTI for the next few years. If you see Line 3 being completed this year and rail filling the gap, this company offers a tremendous leverage to tightening WCS. Their debt levels have been cut sharply. At $55 WTI, this company generates massive cash flow. At $80 WTI and $20 WCS discount, his target is $4.13 for the stock price. At $70 it is $2.67 per share. You can see the leverage.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$0.980
Owned Owned
Unknown

BUY
When MEG-T is gone, ATH-T will be the highest levered company to tightening heavy differentials. They trade on 11 times cash flow and that can fall to 4.5 times with a tighter heavy differential. He sees heavy differentials at $20. He sees a target of $2.67 in share price. He is the second largest shareholder in this company. (Analysts’ price target is $2.16)
oil/gas
0 0 0 0 0
0 comments
When MEG-T is gone, ATH-T will be the highest levered company to tightening heavy differentials. They trade on 11 times cash flow and that can fall to 4.5 times with a tighter heavy differential. He sees heavy differentials at $20. He sees a target of $2.67 in share price. He is the second largest shareholder in this company. (Analysts’ price target is $2.16)
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.060
Owned Owned
Yes

BUY
He likes the long term prospects. He thinks he is the largest shareholder of this company. It is a small cap name, but should be able to monetize some midstream assets very soon which will reduce debt. He thinks this could be a multi bagger. It is one of his higher beta names.
oil/gas
0 0 0 0 0
0 comments
He likes the long term prospects. He thinks he is the largest shareholder of this company. It is a small cap name, but should be able to monetize some midstream assets very soon which will reduce debt. He thinks this could be a multi bagger. It is one of his higher beta names.
oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.070
Owned Owned
Yes

TOP PICK

With MEG potentially taken out, this may the only significant opportunity to maximize the torque of heavy of oil differentials tightening.  He expects the valuation to rise by 50%-100% on oil prices between $70-$80 per barrel.  

oil/gas
0 0 0 0 0
0 comments

With MEG potentially taken out, this may the only significant opportunity to maximize the torque of heavy of oil differentials tightening.  He expects the valuation to rise by 50%-100% on oil prices between $70-$80 per barrel.  

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.520
Owned Owned
Yes

BUY
Athabasca Oil Sands Corp(ATH-T) 

September 14, 2018

This holds the type of exposure to oil he likes best as he is very bullish on oil prices going forward.  With the Canadian energy sector at the point that everyone hates it, now is the time to buy.  They are going to monetize their midstream assets that are high in demand, which will allow them to pay down almost all their debt.  If you run an $80 WTI price, he sees this trading in the mid-$4 range.  

oil/gas
0 0 0 0 0
0 comments

This holds the type of exposure to oil he likes best as he is very bullish on oil prices going forward.  With the Canadian energy sector at the point that everyone hates it, now is the time to buy.  They are going to monetize their midstream assets that are high in demand, which will allow them to pay down almost all their debt.  If you run an $80 WTI price, he sees this trading in the mid-$4 range.  

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.380
Owned Owned
Yes

TOP PICK

He hopes they will be able to monetize their midstream assets in the near future for $300 million, which would almost eliminate their debt.  This is a good play for tightening heavy oil differentials and higher WTI – which he sees over $80 next year.  Yield 0%.  (Analysts’ price target is $2.44)

oil/gas
0 0 0 0 0
0 comments

He hopes they will be able to monetize their midstream assets in the near future for $300 million, which would almost eliminate their debt.  This is a good play for tightening heavy oil differentials and higher WTI – which he sees over $80 next year.  Yield 0%.  (Analysts’ price target is $2.44)

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.500
Owned Owned
Yes

DON'T BUY

A heavy oil producer that has a lot of leverage on the balance sheet.  It trades a relative cheap multiple, but he does not like the exposure to heavy oil.  It is a speculative name in his mind that lacks the growth parameters they look for.  

oil/gas
0 0 0 0 0
0 comments

A heavy oil producer that has a lot of leverage on the balance sheet.  It trades a relative cheap multiple, but he does not like the exposure to heavy oil.  It is a speculative name in his mind that lacks the growth parameters they look for.  

oil/gas
0 0 0 0 0
0 comments
Mike Archibald

Associate , AGF Investments...

Price Price
$1.540
Owned Owned
No

TOP PICK

They are the number two in Canada. Should be able to monetize some assets and should be debt free. The name is trading at just over 2 times EBITA. At $70 oil, he sees a 102% upside. At $80 oil, he sees an upside of 172%. (Analysts’ price target is $2.41)

oil/gas
0 0 0 0 0
0 comments

They are the number two in Canada. Should be able to monetize some assets and should be debt free. The name is trading at just over 2 times EBITA. At $70 oil, he sees a 102% upside. At $80 oil, he sees an upside of 172%. (Analysts’ price target is $2.41)

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.790
Owned Owned
Yes

COMMENT

Pay attention to producers, and how they’re going to respond to the price of oil. Look at the big producers, the Suncors of the world. They’re going to lead the commodities. Athabasca was up $0.01, when oil was down. Expect Athabasca to get its legs underneath it and start to push ahead. The resistance level is important. Looks pretty good, but prefers Parex, Kelt, and Enerplus.

oil/gas
0 0 0 0 0
0 comments

Pay attention to producers, and how they’re going to respond to the price of oil. Look at the big producers, the Suncors of the world. They’re going to lead the commodities. Athabasca was up $0.01, when oil was down. Expect Athabasca to get its legs underneath it and start to push ahead. The resistance level is important. Looks pretty good, but prefers Parex, Kelt, and Enerplus.

oil/gas
0 0 0 0 0
0 comments
Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$1.670
Owned Owned
No

TOP PICK

They have higher operating costs due to oil sands.  He has not sold any when it recently peaked.  We have exhausted sellers recently.  They could be debt free by end of year.  (Analysts’ target: $2.25).

oil/gas
0 0 0 0 0
0 comments

They have higher operating costs due to oil sands.  He has not sold any when it recently peaked.  We have exhausted sellers recently.  They could be debt free by end of year.  (Analysts’ target: $2.25).

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.740
Owned Owned
Yes

DON'T BUY

He's simply not buying Athabasca (or CPG-T) [to answer a client whose question involves an inside joke].

oil/gas
0 0 0 0 0
0 comments

He's simply not buying Athabasca (or CPG-T) [to answer a client whose question involves an inside joke].

oil/gas
0 0 0 0 0
0 comments
Richard Croft

President, R.N. Croft Financial...

Price Price
$1.920
Owned Owned
Unknown

COMMENT

He likes the move it has done recently on good volume but if you look at the longer term, it is not there yet.

oil/gas
0 0 0 0 0
0 comments

He likes the move it has done recently on good volume but if you look at the longer term, it is not there yet.

oil/gas
0 0 0 0 0
0 comments
Elliott Fishman

Director o, Trading Services Gro...

Price Price
$1.860
Owned Owned
No

TOP PICK

His go to name for when WTI returns to $80 next year.  Even at today’s high stock price, this could still go to $5 per share.  They have reduced their leverage and could become debt-free in the near future.  Yield 0%.  (Analysts’ price target is $1.85 )

oil/gas
0 0 0 0 0
0 comments

His go to name for when WTI returns to $80 next year.  Even at today’s high stock price, this could still go to $5 per share.  They have reduced their leverage and could become debt-free in the near future.  Yield 0%.  (Analysts’ price target is $1.85 )

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.670
Owned Owned
Yes

TOP PICK

There is a concern that they have too much debt. However, they have been reducing it and are now down to 275 million debt, which is about 2x cash flow. They could be debt free in the next 3-to-4 months because they are going to be monetizing some of their infrastructure assets. This offers the highest leverage to a change in oil price. This is where money will flow when there is a change in sentiment. They have 55% exposure to light oil, a long reserve life, with a clean balance sheet. (Analysts’ price target is 1.70$)

oil/gas
0 0 0 0 0
0 comments

There is a concern that they have too much debt. However, they have been reducing it and are now down to 275 million debt, which is about 2x cash flow. They could be debt free in the next 3-to-4 months because they are going to be monetizing some of their infrastructure assets. This offers the highest leverage to a change in oil price. This is where money will flow when there is a change in sentiment. They have 55% exposure to light oil, a long reserve life, with a clean balance sheet. (Analysts’ price target is 1.70$)

oil/gas
0 0 0 0 0
0 comments
Eric Nuttall

Partner & , Ninepoint Partners...

Price Price
$1.430
Owned Owned
Yes

Showing 1 to 15 of 174 entries
Successfully Saved Company
Successfully Saved Company
4+
JOIN THE DISCUSSION
4 comments in the last 7 days