Loading...

Athabasca Oil

OTCPK:ATHO.F
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ATHO.F
OTCPK
CA$486M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

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 last earnings update was 14 days ago. More info.


Add to Portfolio Compare Print
ATHO.F Share Price and Events
7 Day Returns
-1.7%
OTCPK:ATHO.F
0.9%
US Oil and Gas
1.6%
US Market
1 Year Returns
-54.6%
OTCPK:ATHO.F
-17.5%
US Oil and Gas
2.6%
US Market
ATHO.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Athabasca Oil (ATHO.F) -1.7% -17.1% -7.4% -54.6% -37% -90%
US Oil and Gas 0.9% -4.9% -3.1% -17.5% -0.8% -32.9%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • ATHO.F underperformed the Oil and Gas industry which returned -17.5% over the past year.
  • ATHO.F underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
ATHO.F
Industry
5yr Volatility vs Market

Value

 Is Athabasca Oil undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Athabasca Oil. This is due to cash flow or dividend data being unavailable. The share price is $0.673.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Athabasca Oil's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Athabasca Oil's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ATHO.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.52
TSX:ATH Share Price ** TSX (2019-05-21) in CAD CA$0.93
United States of America Oil and Gas Industry PE Ratio Median Figure of 101 Publicly-Listed Oil and Gas Companies 13.25x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Athabasca Oil.

OTCPK:ATHO.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:ATH Share Price ÷ EPS (both in CAD)

= 0.93 ÷ -0.52

-1.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Athabasca Oil is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Athabasca Oil is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Athabasca Oil's expected growth come at a high price?
Raw Data
OTCPK:ATHO.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
40.4%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 76 Publicly-Listed Oil and Gas Companies 0.52x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Athabasca Oil, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Athabasca Oil's assets?
Raw Data
OTCPK:ATHO.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$2.27
TSX:ATH Share Price * TSX (2019-05-21) in CAD CA$0.93
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.09x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
OTCPK:ATHO.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:ATH Share Price ÷ Book Value per Share (both in CAD)

= 0.93 ÷ 2.27

0.41x

* Primary Listing of Athabasca Oil.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Athabasca Oil is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Athabasca Oil's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Athabasca Oil has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Athabasca Oil expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Athabasca Oil expected to grow at an attractive rate?
  • Athabasca Oil's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Athabasca Oil's earnings growth is expected to exceed the United States of America market average.
  • Athabasca Oil's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:ATHO.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ATHO.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 40.4%
OTCPK:ATHO.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts -1.7%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:ATHO.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:ATHO.F Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 263
2022-12-31 188
2021-12-31 796 122 1
2020-12-31 812 152 -97 2
2019-12-31 882 177 204 1
OTCPK:ATHO.F Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 808 69 -270
2018-12-31 791 84 -570
2018-09-30 932 123 -291
2018-06-30 870 111 -317
2018-03-31 826 111 -274
2017-12-31 772 62 -209
2017-09-30 592 5 -779
2017-06-30 460 -64 -817
2017-03-31 292 -86 -901
2016-12-31 174 -71 -937
2016-09-30 152 -107 -762
2016-06-30 119 -106 -767

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Athabasca Oil's earnings are expected to grow significantly at over 20% yearly.
  • Athabasca Oil's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:ATHO.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Athabasca Oil Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ATHO.F Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 -0.10 -0.10 -0.10 1.00
2020-12-31 -0.08 -0.08 -0.08 1.00
2019-12-31 -0.04 -0.04 -0.04 1.00
OTCPK:ATHO.F Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.52
2018-12-31 -1.11
2018-09-30 -0.57
2018-06-30 -0.62
2018-03-31 -0.54
2017-12-31 -0.42
2017-09-30 -1.64
2017-06-30 -1.82
2017-03-31 -2.13
2016-12-31 -2.31
2016-09-30 -1.88
2016-06-30 -1.90

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Athabasca Oil will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Athabasca Oil's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Athabasca Oil has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Athabasca Oil performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Athabasca Oil's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Athabasca Oil does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Athabasca Oil's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Athabasca Oil's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Athabasca Oil's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Athabasca Oil Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ATHO.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 808.29 -269.53 35.04
2018-12-31 790.94 -569.66 39.49
2018-09-30 932.08 -290.77 43.39
2018-06-30 870.49 -317.07 42.66
2018-03-31 825.73 -273.57 41.00
2017-12-31 772.41 -209.41 36.53
2017-09-30 591.80 -779.22 36.67
2017-06-30 460.47 -817.37 36.16
2017-03-31 292.29 -900.77 35.28
2016-12-31 173.75 -936.73 36.64
2016-09-30 151.87 -761.70 34.11
2016-06-30 118.85 -766.91 37.78
2016-03-31 103.54 -736.79 42.75
2015-12-31 84.51 -696.77 43.72
2015-09-30 73.61 -221.90 50.46
2015-06-30 83.31 -203.60 54.54
2015-03-31 98.22 -231.32 55.10
2014-12-31 114.66 -227.56 57.87
2014-09-30 118.75 -138.22 64.67
2014-06-30 114.06 -148.78 70.04
2014-03-31 114.64 -122.00 75.33
2013-12-31 110.91 -126.14 87.57
2013-09-30 100.45 220.18 84.96
2013-06-30 77.70 238.89 80.24
2013-03-31 46.73 254.44 77.24
2012-12-31 24.56 260.23 68.61
2012-09-30 10.85 130.16 63.97
2012-06-30 9.13 128.80 59.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Athabasca Oil has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Athabasca Oil has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Athabasca Oil improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Athabasca Oil's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Athabasca Oil has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Athabasca Oil's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Athabasca Oil's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Athabasca Oil is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Athabasca Oil's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Athabasca Oil's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Athabasca Oil Company Filings, last reported 1 month ago.

OTCPK:ATHO.F Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,172.95 570.41 272.24
2018-12-31 965.95 581.14 73.90
2018-09-30 1,452.95 546.51 128.34
2018-06-30 1,418.59 554.28 93.29
2018-03-31 1,434.35 541.46 128.92
2017-12-31 1,524.61 526.21 163.32
2017-09-30 1,731.55 523.78 174.08
2017-06-30 1,723.74 541.20 179.61
2017-03-31 1,695.58 553.38 213.00
2016-12-31 1,557.10 546.21 650.30
2016-09-30 2,333.52 545.13 570.48
2016-06-30 2,363.40 544.04 472.82
2016-03-31 2,419.65 823.35 493.51
2015-12-31 2,482.14 841.27 559.49
2015-09-30 3,085.50 830.75 671.45
2015-06-30 3,119.22 809.95 582.40
2015-03-31 3,141.45 813.59 663.16
2014-12-31 3,164.19 789.25 579.09
2014-09-30 3,289.08 780.04 722.75
2014-06-30 3,301.01 777.03 182.50
2014-03-31 3,353.44 534.29 149.74
2013-12-31 3,373.96 533.21 322.79
2013-09-30 3,403.95 532.13 372.35
2013-06-30 3,423.18 531.04 480.92
2013-03-31 3,444.66 530.07 756.58
2012-12-31 3,459.72 529.01 962.80
2012-09-30 3,136.92 0.00 600.83
2012-06-30 3,139.54 0.00 753.24
  • Athabasca Oil's level of debt (48.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16% vs 48.6% today).
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.

  • Athabasca Oil has sufficient cash runway for 1.5 years based on current free cash flow.
  • Athabasca Oil has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of -16.9% each year.
X
Financial health checks
We assess Athabasca Oil's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Athabasca Oil has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Athabasca Oil's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Athabasca Oil dividends. Estimated to be 0% next year.
If you bought $2,000 of Athabasca Oil shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Athabasca Oil's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Athabasca Oil's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:ATHO.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 66 Stocks 3.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:ATHO.F Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Athabasca Oil has not reported any payouts.
  • Unable to verify if Athabasca Oil's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Athabasca Oil's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Athabasca Oil has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Athabasca Oil's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Athabasca Oil's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Athabasca Oil afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Athabasca Oil has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Athabasca Oil's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rob Broen
COMPENSATION CA$2,842,358
TENURE AS CEO 4.1 years
CEO Bio

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 President since January 2015. Mr. Broen served as the President and a director of Talisman Energy USA Inc. from 2009 to April 2012. Previously, he was President and Chief Operating Officer of Athabasca Oil Corp. from January 6, 2015 to April 21, 2015 and Chief Operating Officer of the Athabasca Oil Corp. from October 11, 2013 to January 6, 2015. He served as Senior Vice President of Light Oil of Athabasca Oil Corporation since November 26, 2012 October 12, 2013. He has been a Director of Athabasca Oil Corporation since April 21, 2015. Mr. Broen was the Senior Vice-President, North American Shale at Talisman Energy Inc. from April 2012 to November 2012. He has over 20 years of exploration and production expertise. Mr. Broen led a 120,000 boe/d North American shale gas portfolio (Montney, Duvernay, Marcellus and Eagle Ford) for an international exploration and production company.

CEO Compensation
  • Rob's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Rob's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the Athabasca Oil management team in years:

4.1
Average Tenure
  • The tenure for the Athabasca Oil management team is about average.
Management Team

Rob Broen

TITLE
President
COMPENSATION
CA$3M
TENURE
4.1 yrs

Kim Anderson

TITLE
Chief Financial Officer
COMPENSATION
CA$1M
TENURE
5.3 yrs

Dave Stewart

TITLE
Vice President of Operations
COMPENSATION
CA$1M
TENURE
2.5 yrs

Angela Avery

TITLE
General Counsel & VP of Business Development
COMPENSATION
CA$1M
TENURE
1.7 yrs

Matt Taylor

TITLE
Vice President of Capital Markets & Communications
COMPENSATION
CA$1M
TENURE
5 yrs

Karla Ingoldsby

TITLE
Vice President of Thermal Oil
Board of Directors Tenure

Average tenure and age of the Athabasca Oil board of directors in years:

3.2
Average Tenure
60
Average Age
  • The tenure for the Athabasca Oil board of directors is about average.
Board of Directors

Ron Eckhardt

TITLE
Chairman of the Board
COMPENSATION
CA$250K
AGE
63
TENURE
3.2 yrs

Rob Broen

TITLE
President
COMPENSATION
CA$3M
TENURE
4.1 yrs

Marshall McRae

TITLE
Independent Director
COMPENSATION
CA$215K
AGE
61
TENURE
9.6 yrs

Bryan Begley

TITLE
Independent Director
COMPENSATION
CA$208K
TENURE
3.2 yrs

Anne Downey

TITLE
Director
COMPENSATION
CA$226K
TENURE
1.7 yrs

Carlos Fierro

TITLE
Independent Director
COMPENSATION
CA$200K
AGE
57
TENURE
4.3 yrs

Tom Ebbern

TITLE
Independent Director
COMPENSATION
CA$170K
AGE
59
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Athabasca Oil insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Apr 19 Buy Matthew Taylor Individual 10. Apr 19 10. Apr 19 5,000 $0.75 $3,752
02. Apr 19 Buy Robert Broen Individual 02. Apr 19 02. Apr 19 10,000 $0.65 $6,511
02. Apr 19 Buy Matthew Taylor Individual 01. Oct 14 02. Apr 19 15,000 $4.94 $31,234
08. Feb 19 Buy Robert Broen Individual 31. Jan 19 31. Jan 19 6,000 $0.76 $4,564
17. Dec 18 Buy Anne Downey Individual 14. Dec 18 14. Dec 18 5,000 $0.81 $4,072
14. Dec 18 Buy Matthew Taylor Individual 14. Dec 18 14. Dec 18 10,000 $0.81 $8,032
14. Dec 18 Buy Thomas Ebbern Individual 14. Dec 18 14. Dec 18 100,000 $0.81 $80,693
21. Jun 18 Buy Anne Downey Individual 19. Jun 18 19. Jun 18 12,300 $1.20 $14,734
28. May 18 Buy Matthew Taylor Individual 28. May 18 28. May 18 5,000 $1.30 $6,492
X
Management checks
We assess Athabasca Oil's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Athabasca Oil has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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 the Kaybob and Placid asset areas located in northwestern Alberta; and the Leismer and Hangingstone assets located in 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, 2018, it held approximately 1,300,000 net acres of mineral resource leases and permits, which include approximately 1 million net acres of oil sands leases and permits in the Athabasca region of northeastern Alberta and approximately 242,000 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.

Details
Name: Athabasca Oil Corporation
ATHO.F
Exchange: OTCPK
Founded: 2006
CA$362,035,066
522,420,494
Website: http://www.atha.com
Address: Athabasca Oil Corporation
215 – 9th Avenue SW,
Suite 1200,
Calgary,
Alberta, T2P 1K3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX ATH Common Shares The Toronto Stock Exchange CA CAD 08. Apr 2010
OTCPK ATHO.F Common Shares Pink Sheets LLC US USD 08. Apr 2010
DB ATI Common Shares Deutsche Boerse AG DE EUR 08. Apr 2010
Number of employees
Current staff
Staff numbers
198
Athabasca Oil employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:28
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/10
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.