Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Purchases 128,800 Shares

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation acquired 128,800 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The stock was acquired at an average price of C$6.69 per share, with a total value of C$861,672.00. Following the acquisition, the insider directly owned 547,200 shares of the company’s stock, valued at approximately C$3,660,768. This represents a 30.78% increase in their position.

Athabasca Oil Corporation also recently made the following trade(s):

• On Wednesday, October 1st, Athabasca Oil Corporation acquired 128,000 shares of Athabasca Oil stock. The stock was acquired at an average price of C$6.72 per share, with a total value of C$860,160.00.
• On Thursday, October 2nd, Athabasca Oil Corporation acquired 128,400 shares of Athabasca Oil stock. The stock was acquired at an average price of C$6.72 per share, with a total value of C$862,848.00.
• On Monday, October 6th, Athabasca Oil Corporation acquired 127,000 shares of Athabasca Oil stock. The stock was acquired at an average price of C$6.79 per share, with a total value of C$862,330.00.
• On Tuesday, October 7th, Athabasca Oil Corporation acquired 126,800 shares of Athabasca Oil stock. The stock was acquired at an average price of C$6.80 per share, with a total value of C$862,240.00.
• On Wednesday, October 8th, Athabasca Oil Corporation acquired 122,200 shares of Athabasca Oil stock. The stock was acquired at an average price of C$7.07 per share, with a total value of C$863,954.00.
• On Thursday, October 9th, Athabasca Oil Corporation acquired 121,900 shares of Athabasca Oil stock. The stock was acquired at an average price of C$7.09 per share, with a total value of C$864,271.00.
• On Friday, October 10th, Athabasca Oil Corporation purchased 127,900 shares of Athabasca Oil stock. The stock was purchased at an average price of C$6.74 per share, with a total value of C$862,046.00.
• On Friday, October 10th, Athabasca Oil Corporation purchased 137,500 shares of Athabasca Oil stock. The stock was purchased at an average price of C$6.26 per share, with a total value of C$860,750.00.
• On Tuesday, October 14th, Athabasca Oil Corporation purchased 132,200 shares of Athabasca Oil stock. The stock was purchased at an average price of C$6.53 per share, with a total value of C$863,266.00.
• On Wednesday, October 15th, Athabasca Oil Corporation purchased 133,500 shares of Athabasca Oil stock. The stock was purchased at an average price of C$6.47 per share, with a total value of C$863,745.00.

Athabasca Oil Stock Up 2.3%

Shares of Athabasca Oil stock opened at C$7.05 on Tuesday. Athabasca Oil Co. has a 52-week low of C$4.05 and a 52-week high of C$7.20. The company has a 50 day moving average of C$6.53 and a 200 day moving average of C$5.82. The company has a quick ratio of 1.24, a current ratio of 2.54 and a debt-to-equity ratio of 12.55. The company has a market capitalization of C$3.43 billion, a P/E ratio of 8.10, a P/E/G ratio of -0.51 and a beta of 0.99.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Raymond James Financial lifted their price target on shares of Athabasca Oil from C$6.50 to C$7.00 in a research note on Thursday, October 30th. Scotiabank lifted their price target on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 9th. TD Securities lifted their price target on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the stock a “hold” rating in a research note on Thursday, October 30th. Finally, Royal Bank Of Canada upped their target price on shares of Athabasca Oil from C$6.50 to C$7.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$6.80.

About Athabasca Oil

Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.