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.
Mediocre balance sheet and overvalued.
Share Price & News
How has Athabasca Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATHO.F's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: ATHO.F underperformed the US Oil and Gas industry which returned -33.6% over the past year.
Return vs Market: ATHO.F underperformed the US Market which returned 9.3% over the past year.
Price Volatility Vs. Market
How volatile is Athabasca Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Athabasca Oil undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ATHO.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ATHO.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ATHO.F is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: ATHO.F is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATHO.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATHO.F is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.7x).
How is Athabasca Oil forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ATHO.F's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if ATHO.F's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ATHO.F's revenue is expected to decline over the next 3 years (-26.2% per year).
High Growth Revenue: ATHO.F's revenue is forecast to decline over the next 3 years (-26.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ATHO.F's Return on Equity is forecast to be high in 3 years time
How has Athabasca Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATHO.F is currently unprofitable.
Growing Profit Margin: ATHO.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ATHO.F is unprofitable, but has reduced losses over the past 5 years at a rate of 15.5% per year.
Accelerating Growth: Unable to compare ATHO.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ATHO.F is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.8%).
Return on Equity
High ROE: ATHO.F has a negative Return on Equity (-67.57%), as it is currently unprofitable.
How is Athabasca Oil's financial position?
Financial Position Analysis
Short Term Liabilities: ATHO.F's short term assets (CA$406.9M) exceed its short term liabilities (CA$158.9M).
Long Term Liabilities: ATHO.F's short term assets (CA$406.9M) do not cover its long term liabilities (CA$735.9M).
Debt to Equity History and Analysis
Debt Level: ATHO.F's debt to equity ratio (87%) is considered high.
Reducing Debt: ATHO.F's debt to equity ratio has increased from 25.9% to 87% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ATHO.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ATHO.F has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 31.1% each year.
What is Athabasca Oil's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATHO.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATHO.F's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATHO.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATHO.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATHO.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Robert Anthony Broen, also known as Rob, B.Sc.Eng., P.Eng., has been the Chief Executive Officer of Athabasca Oil Corporation (formerly known as Athabasca Oil Sands Corp.) since April 21, 2015 and its ...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.91M) is above average for companies of similar size in the US market ($USD593.36K).
Compensation vs Earnings: Rob's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||0.58yr||CA$1.13m||0.16% CA$83.4k|
|Vice President of Thermal Oil||2.42yrs||CA$1.17m||0.046% CA$24.4k|
Experienced Management: ATHO.F's management team is considered experienced (2.4 years average tenure).
|Independent Director||5.42yrs||CA$195.46k||0.0085% CA$4.5k|
|Independent Director||0.083yr||no data||0.11% CA$59.4k|
|Independent Chairman of the Board||4.25yrs||CA$240.91k||0.068% CA$35.5k|
|Independent Director||2.08yrs||CA$195.46k||0.019% CA$9.9k|
|Independent Director||4.25yrs||CA$202.27k||0.094% CA$49.5k|
Experienced Board: ATHO.F's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Athabasca Oil Corporation's company bio, employee growth, exchange listings and data sources
- Name: Athabasca Oil Corporation
- Ticker: ATHO.F
- Exchange: OTCPK
- Founded: 2006
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$71.645m
- Listing Market Cap: CA$52.580m
- Shares outstanding: 530.70m
- Website: https://www.atha.com
Number of Employees
- Athabasca Oil Corporation
- 215 – 9th Avenue SW
- Suite 1200
- T2P 1K3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ATH||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Apr 2010|
|ATI||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Apr 2010|
|ATHO.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Apr 2010|
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. The company operates in Light Oil and Thermal Oil segments. Its principal properties are in the Greater Placid and Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer and Hangingstone projects located in the Athabasca region of northeastern Alberta. The company produces light oil, natural gas, and natural gas liquids; and bitumen from sand and carbonate rock formations. As of December 31, 2019, it held approximately 1,116,228 net acres of mineral resource leases, licenses, and permits, which include approximately 760,000 net acres of oil sands leases and permits in the Athabasca region of northeastern Alberta and approximately 259,200 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 04:39|
|End of Day Share Price||2020/06/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.