Athabasca Oil (ATH) Stock Price, News & Analysis

Company Overview

Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. It operates through Thermal Oil and Light Oil segments. The company's principal properties are in the Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer/Corner, Hangingstone, and Dover West projects located in the Athabasca region of northeastern Alberta. It produces light and medium crude oil, tight oil, conventional natural gas, shale gas, and natural gas liquids, as well as bitumen from sand and carbonate rock formations. 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 incorporated in 2006 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$4.99 to C$5.13
• 50-Day Range: C$4.71 to C$5.41
• 52-Week Range: C$3.36 to C$5.72
• Volume: 2.31 million shs
• Average Volume: 3.04 million shs
• Market Capitalization: C$2.72 billion
• P/E Ratio: 33.40
• Dividend Yield: 8.10%
• Price Target: C$6.25
• Consensus Rating: Moderate Buy

Athabasca Oil Stock Analysis - MarketRank™

Athabasca Oil scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Athabasca Oil has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Athabasca Oil has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Athabasca Oil is 33.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Athabasca Oil is 33.40, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.33.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for Athabasca Oil, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

Athabasca Oil has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ATH.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Athabasca Oil is a leading dividend payer. It pays a dividend yield of 8.10%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Athabasca Oil does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ATH.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.14

News Sentiment

Athabasca Oil has a news sentiment score of 1.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Athabasca Oil this week, compared to 2 articles on an average week.

Search Interest

Only 6 people have searched for ATH on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Athabasca Oil to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Athabasca Oil insiders have bought 16.51% more of their company's stock than they have sold. Specifically, they have bought C$1,396,848.00 in company stock and sold C$1,198,879.00 in company stock.

Percentage Held by Insiders

Only 0.24% of the stock of Athabasca Oil is held by insiders.

Percentage Held by Institutions

Only 17.41% of the stock of Athabasca Oil is held by institutions.

ATH Stock Analysis - Frequently Asked Questions

How have ATH shares performed this year?

Athabasca Oil's stock was trading at C$4.17 at the beginning of the year. Since then, ATH stock has increased by 20.1% and is now trading at C$5.01.
View the best growth stocks for 2024 here.

How do I buy shares of Athabasca Oil?

Shares of ATH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Athabasca Oil own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Athabasca Oil investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Hawkins (HWKN), BlackRock (BLK), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV).

Company Calendar

• Today: 11/12/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: TSE:ATH
• CUSIP: N/A
• CIK: N/A
• Web: www.atha.com
• Phone: +1-403-8179104
• Fax: N/A
• Employees: 170
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$6.25
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$5.50
• Potential Upside/Downside: +24.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.70
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.15
• Trailing P/E Ratio: 33.40
• Forward P/E Ratio: 9.27
• P/E Growth: -0.51
• Net Income: C$82.98 million
• Net Margins: 6.32%
• Pretax Margin: N/A
• Return on Equity: 5.04%
• Return on Assets: 9.71%

Debt

• Debt-to-Equity Ratio: 11.60
• Current Ratio: 2.46
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: C$1.31 billion
• Price / Sales: 2.08
• Cash Flow: C$0.77 per share
• Price / Cash Flow: 6.54
• Book Value: C$2.87 per share
• Price / Book: 1.75

Miscellaneous

• Outstanding Shares: 543,900,000
• Free Float: N/A
• Market Cap: C$2.72 billion
• Optionable: Not Optionable
• Beta: 2.05