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Last C$1.49 CAD
Change Today -0.115 / -7.19%
Volume 2.0M
ATH On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 2:44 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

athabasca oil corp (ATH) Snapshot

Open
C$1.52
Previous Close
C$1.60
Day High
C$1.54
Day Low
C$1.47
52 Week High
09/2/14 - C$7.91
52 Week Low
08/24/15 - C$1.16
Market Cap
599.0M
Average Volume 10 Days
2.8M
EPS TTM
C$-0.44
Shares Outstanding
403.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ATHABASCA OIL CORP (ATH)

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athabasca oil corp (ATH) Details

Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Light Oil and Thermal Oil segments. The Light Oil segment produces light oil, natural gas, and natural gas liquids located in various regions in the province of Alberta. This segment primarily focuses on the Kaybob and Saxon/Placid areas targeting Duvernay, Montney, Charlie Lake, Nordegg, Slave Point, Rainbow Lake, and Muskwa formations in northwestern Alberta. The Thermal Oil segment produces bitumen from sand and carbonate rock formations located in the Athabasca region of northern Alberta. This segment’s oil sands assets include Hangingstone, Dover West, Birch, and Grosmont projects. As of December 31, 2014, Athabasca Oil Corporation held approximately 3.63 million net acres of mineral resource leases and permits, which include approximately 1.18 million net acres of oil sands leases and permits in the Athabasca region of northeastern Alberta and approximately 2.45 million net acres of petroleum and natural gas leases in northwestern Alberta. The company was formerly known as Athabasca Oil Sands Corp. and changed its name to Athabasca Oil Corporation in May 2012. Athabasca Oil Corporation was founded in 2006 and is headquartered in Calgary, Canada.

278 Employees
Last Reported Date: 03/12/15
Founded in 2006

athabasca oil corp (ATH) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: C$473.1K
Chief Financial Officer
Total Annual Compensation: C$273.4K
Vice President of Legal and Corporate Secreta...
Total Annual Compensation: C$290.7K
Vice-President of Corporate Development
Total Annual Compensation: C$290.7K
Vice President of Light Oil
Total Annual Compensation: C$361.3K
Compensation as of Fiscal Year 2014.

athabasca oil corp (ATH) Key Developments

Alliance Pipeline Force Majeure Results in Athabasca Oil's Temporary Production Reduction At Greater Kaybob

Athabasca Oil Corporation was informed by Alliance Pipeline of the shutdown of its mainline pipeline system on August 6, 2015. Alliance advised shippers on August 6, 2015 evening that an amount of hydrogen sulfide (H2S) entered into its mainline pipeline as result of complications experienced by an upstream operator. Alliance has declared this to be a force majeure event. Athabasca has shifted a portion of its regional Kaybob production to the SemCAMS KA plant and TCPL system, however approximately 4,200 boe/d of the company's Light Oil production is currently impacted.

Athabasca Oil Corporation Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Operating Results for the Second Quarter of 2015; Provides CapEx Guidance for the Second Half and Full Year of 2015; Provides Operating Guidance for the Third Quarter, Second Half and Full Year of 2015

Athabasca Oil Corporation announced earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss and comprehensive loss of $29,044,000 or $0.07 per share compared to $56,766,000 or $0.14 per share a year ago. Cash flow from operating activities was $8,576,000 or $0.02 per share compared to cash used in operating activities of $18,641,000 or $0.05 per share basic and diluted a year ago. Funds from operations were $5,085,000 or $0.01 per share basic and diluted compared to $5,016,000 or $0.01 per share basic and diluted a year ago. Capital expenditures were $48,498,000 compared to $109,056,000 a year ago. For the quarter, the company reported net loss and comprehensive loss of $54,156,000 or $0.13 per share compared to $78,119,000 or $0.19 per share a year ago. Cash flow from operating activities was $5,922,000 or $0.01 per share compared to cash used in operating activities of $3,229,000 or $0.01 per share basic and diluted a year ago. Funds from operations were $8,201,000 or $0.02 per share basic and diluted compared to $14,483,000 or $0.04 per share basic and diluted a year ago. Capital expenditures were $197,950,000 compared to $349,918,000 a year ago. For the second quarter, the company’s production averaged 5,459 boe/d (48% liquids) compared to 5,767 boe/d (52% liquids) a year ago. Light Oil operating netbacks were $21.51/boe compared to $46.12/boe in the second quarter of 2014. For the second half 2015, the company expects total capital spending of $135 million. For the year 2015, the company expects total capital spending of $291 million. The company’s third quarter production is expected to average approximately 5,000 boe/d and 2015 year-end Light Oil exit production guidance remains unchanged at 7,000 ­ 8,000 boe/d (December average). For the second half of 2015, the company expects total light oil production of $112 million. For the year 2015, the company expects light oil production of $203 million.

Athabasca Oil Corporation to Report Q2, 2015 Results on Jul 31, 2015

Athabasca Oil Corporation announced that they will report Q2, 2015 results at 9:30 AM, US Eastern Standard Time on Jul 31, 2015

 

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Industry Analysis

ATH

Industry Average

Valuation ATH Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 6.6x
Price/Book 0.2x
Price/Cash Flow 19.6x
TEV/Sales NM Not Meaningful
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