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
TOP PICK
Expecting $100 oil in the coming months. Planning for $6.80 share price this year. High oil torque and leverage to rising oil price. Pledged to return at least 75% of cash to shareholders (starting April). Expecting SIB & NCIB in the coming months. 31% free cash flow yield with $100 oil. 22% free cash flow yield at $80 oil. Massive ($3B) tax pools available.
oil / gas
PAST TOP PICK
(A Top Pick Nov 05/21, Up 116%) One of the top 10 holdings. Own 50 million shares. Within next few weeks expecting announcement of 75% return of cash to shareholders. Given valuation, wanting more buybacks.
oil / gas
PAST TOP PICK
(A Top Pick Nov 05/21, Up 94%) It did a refinancing and deferred the catalyst of shareholder returns. Will pay back in two months with a 75% return. Over 30 years reserves with good tax loss picture so will not be taxed for a long time. Should go to $6. He is the largest shareholder.
oil / gas
BUY
Is largest shareholder in the company (~50 million share). Expecting debt to be paid down in the next few months. Trading at ~30% free cash flow yield and ~1.8x. Massive tax pools providing large amount of value. Expecting a $5 share price.
oil / gas
BUY ON WEAKNESS
Volatile share price with high exposure to energy prices. Operations are high cost (Duvernay shale & heavy oil sands operations). Assets have a lot of operating leverage. If oil prices drop, share price will fall quickly (large amount of torque).
oil / gas
BUY
Has bought more shares in the company (55 million shares or 9.6%). Seeing meaningful upside in the company. Expecting company to be debt free by the end of the year. Currently trading at ~2x cash flow and 26% free cash flow yield. Company should be returning capital back to shareholders (dividends and share buybacks). 5x multiple would value the company at around $5 share price.
oil / gas
BUY
Bought at $0.18 and sold at $1.32 (currently trading ~$2.00). Lesson in selling too early. Matt Taylor (CFO) is excellent at selling company. Currently trading at 46% free cash flow yield ($100 oil). Should be trading around $4.00 share price ($100 oil). Paying down debt and production hedged.
oil / gas
BUY
Company has extremely high torque to oil price given financial structure of company. Is a good long term hold. Absolute valuation of the company remains undervalued. Valuation relative to other Canadian energy companies is fair.
oil / gas
BUY
They had finance fears for their notes that were due. Now they have good leverage to rising prices. You are buying for the oil sands assets. Now, they also have huge tax losses that can be useful. Selling at 1x free cashflow if you give value to the tax losses. There is still good upside and is still a meaningful shareholder.
oil / gas
Showing 1 to 15 of 215 entries

Athabasca Oil Sands Corp(ATH-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 9

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, 9 stock analysts published opinions about ATH-T. 6 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?

9 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 2023-06-05, Athabasca Oil Sands Corp (ATH-T) stock closed at a price of $2.96.