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Investor Insights

This summary was created by AI, based on 15 opinions in the last 12 months.

Experts generally seem positive about Athabasca Oil Sands Corp, highlighting its recent spin-out of assets with Cenovus Energy, direct exposure to Canadian heavy oil, successful use of free cashflow to pay down debt, and plans to enhance shareholder returns. Some caution is also advised due to its high-cost production and potential vulnerability to a significant drop in oil prices.

Consensus
Positive
Valuation
Undervalued
HOLD

Likes recent spin-out of assets with Cenovus Energy. Would recommend holding stock. 

oil / gas
HOLD

Direct exposure to Canadian heave oil. Expecting stock price to increase with higher energy prices. Momentum strongest in energy stocks is May (driving season starts). Would recommend holding stock. 

oil / gas
PAST TOP PICK
(A Top Pick Jan 27/23, Up 48%)

Roughly 40 years of inventory. Successful at using free cashflow to pay down debt. Paying more to shareholders. 17% free cashflow next year, trades at 3.5x cashflow. WCS differential should shrink next year. Still very good upside.

oil / gas
TOP PICK

Owns ~9.9% in fund.
Offers highest leverage to narrowing Canadian differential in oil price. 
40 years of Proved Reserves. 
Trading at 3x cash flow.
Expecting move to 75% return of capital.
Expecting a ~$6 share price. 
Company is now debt free.

oil / gas
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

Some companies can be very specific in outlning their plans for capital, but others stay quiet. There is no 'requirement' to disclose plans but the majority typically provide some guidance on this. As of June 30, ATH has about $80M net debt. It will likely be in a net cash position by year end. But ATH has discussed its plans. In a recent press release, it noted: the Company intends to direct a portion of free cash flow to its shareholders. The Company will assess market conditions to determine the best method to enhance shareholder returns, which could include a dividend, or share buybacks. We also note that it bought back $46M in stock in the 2Q, and $14M subsequent to the end of the quarter.
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oil / gas
WEAK BUY

Attracted to all Canadian oil/gas. Likes it, but doesn't own, as you can't own everything.

oil / gas
RISKY

Close to bankruptcy 3 years ago, made it around the corner, and paid off debt. Now a cashflow machine. Be aware that it's a high-cost producer, so if oil goes back to $40 this stock is going way down. This could happen, for example, if China's in a huge recession. Great levered play if you want leverage to oil. See his Top Picks.

oil / gas
TOP PICK

A 10% weight for his fund. At $80 oil, trades at 19% free cashflow yield. Prudent divestments mean 75% minimum free cashflow is returned to shareholders. Aggressively buying back stock. Exposure to WCS, which he's very bullish on. 35+ years of inventory. Should be debt-free by year's end, so lots of optionality. No dividend.

(Analysts’ price target is $4.33)
oil / gas
Unspecified

It is in an uptrend with technical support around the current level. It is down a bit right now but don't hold if it takes out the low of about $2.50. In the recent quarter it declared a loss of $57 million but had positive operating income of $57 million.

oil / gas
DON'T BUY
ATH vs. MEG

Doesn't own either. Usually sticks with light oil, but see his Top Picks. If he had to choose, he'd pick MEG: larger market cap, better liquidity and institutional ownership. 

ATH is more focused on debt reduction. It does buybacks, and he prefers dividends for income. Rocky stock performance. 

oil / gas
BUY

A timely buy. It's seen an uptrend in 2023 to return to the June 2022 high. It's pushing on new highs now. Definitely the time to buy.

oil / gas
TOP PICK

High exposure to rising oil prices.
Excellent prospects going forward.
Major tax loses will cover any tax expenses going forward.
~30 years of proved reserves.
Starting share buyback next month.
Expecting more than 100% upside potential for the share price.

oil / gas
DON'T BUY

Trading in a range for some time. Earnings forecasts are slipping, may come under pressure. Not his favourite. Too expensive. See his Top Picks.

oil / gas
TOP PICK

Largest shareholder in company. 
Very large reserve life index.
Company is now debt free.
Will return 75% of free cash flow starting in April.
Expecting major share buybacks.
Trading at 1.8x cash flow @ $100 oil.
Tax losses worth $0.44 per share.
5x multiple would suggest a $6 share price.

oil / gas
HOLD
ATH vs. TWM for growth?

Great long-life reserves. If oil stays at current levels, it will flow to the bottom line. Cash generator with a long history. TWM has better growth prospects for production.

oil / gas
Showing 1 to 15 of 224 entries

Athabasca Oil Sands Corp(ATH-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 10

Stockchase rating for Athabasca Oil Sands Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Athabasca Oil Sands Corp(ATH-T) Frequently Asked Questions

What is Athabasca Oil Sands Corp stock symbol?

Athabasca Oil Sands Corp is a Canadian stock, trading under the symbol ATH-T on the Toronto Stock Exchange (ATH-CT). It is usually referred to as TSX:ATH or ATH-T

Is Athabasca Oil Sands Corp a buy or a sell?

In the last year, 10 stock analysts published opinions about ATH-T. 5 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Athabasca Oil Sands Corp.

Is Athabasca Oil Sands Corp a good investment or a top pick?

Athabasca Oil Sands Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Athabasca Oil Sands Corp.

Why is Athabasca Oil Sands Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Athabasca Oil Sands Corp worth watching?

10 stock analysts on Stockchase covered Athabasca Oil Sands Corp In the last year. It is a trending stock that is worth watching.

What is Athabasca Oil Sands Corp stock price?

On 2024-02-20, Athabasca Oil Sands Corp (ATH-T) stock closed at a price of $4.59.