Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Buys 38,100 Shares of Stock

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation acquired 38,100 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were acquired at an average cost of C$10.73 per share, with a total value of C$408,813.00. Following the acquisition, the insider directly owned 641,300 shares of the company’s stock, valued at C$6,881,149. This represents a 6.32% increase in their position.

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

• On Tuesday, July 21st, Athabasca Oil Corporation bought 38,900 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.79 per share, for a total transaction of C$419,731.00.
• On Wednesday, July 22nd, Athabasca Oil Corporation bought 37,500 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.85 per share, with a total value of C$406,875.00.
• On Thursday, July 23rd, Athabasca Oil Corporation bought 37,300 shares of Athabasca Oil stock. The shares were bought at an average price of C$11.25 per share, with a total value of C$419,625.00.
• On Friday, July 24th, Athabasca Oil Corporation purchased 36,800 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.99 per share, for a total transaction of C$404,432.00.
• On Monday, July 27th, Athabasca Oil Corporation acquired 39,500 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.56 per share, for a total transaction of C$417,120.00.
• On Tuesday, July 28th, Athabasca Oil Corporation bought 39,400 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.38 per share, with a total value of C$408,972.00.
• On Wednesday, July 29th, Athabasca Oil Corporation purchased 39,900 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$10.47 per share, with a total value of C$417,753.00.
• On Thursday, July 30th, Athabasca Oil Corporation purchased 39,500 shares of Athabasca Oil stock. The shares were acquired at an average price of C$10.45 per share, for a total transaction of C$412,775.00.
• On Friday, July 31st, Athabasca Oil Corporation purchased 43,500 shares of Athabasca Oil stock. The shares were acquired at an average cost of C$10.41 per share, for a total transaction of C$452,835.00.
• On Tuesday, June 23rd, Athabasca Oil Corporation acquired 47,300 shares of Athabasca Oil stock. The stock was acquired at an average price of C$10.77 per share, with a total value of C$509,421.00.

Athabasca Oil Trading Down 2.7%

Shares of ATH stock traded down C$0.28 on Tuesday, hitting C$10.08. 1,296,208 shares of the company’s stock traded hands, compared to its average volume of 2,552,608. The company has a debt-to-equity ratio of 10.95, a quick ratio of 1.24 and a current ratio of 1.90. Athabasca Oil Co. has a one year low of C$5.57 and a one year high of C$12.86. The company’s fifty day simple moving average is C$10.81 and its 200 day simple moving average is C$10.13. The stock has a market capitalization of C$4.85 billion, a price-to-earnings ratio of 21.45, a P/E/G ratio of -0.51 and a beta of -0.19.

Athabasca Oil (TSE:ATH) last posted its quarterly earnings results on Thursday, July 30th. The oil and gas exploration company reported C$0.13 earnings per share for the quarter. Athabasca Oil had a net margin of 17.68% and a return on equity of 12.57%. The business had revenue of C$306.54 million during the quarter. Equities analysts forecast that Athabasca Oil Co. will post 0.5403473 EPS for the current year.

Analyst Ratings Changes

Several analysts have weighed in on the company. Royal Bank Of Canada boosted their price objective on Athabasca Oil from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a research report on Friday, May 8th. Desjardins set a C$12.50 price target on shares of Athabasca Oil and gave the company a “hold” rating in a report on Friday, July 17th. Finally, Jefferies Financial Group set a C$14.00 price target on shares of Athabasca Oil and gave the stock a “buy” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of C$11.50.

Athabasca Oil News Summary

Here are the key news stories impacting Athabasca Oil this week:

• Positive Sentiment: The insider’s direct ownership increased from 641,300 to 993,600 shares, a gain of roughly 55% over the reported transactions. Repeated purchases—rather than a single trade—may indicate confidence in Athabasca Oil’s valuation and outlook, potentially supporting the stock after its recent decrease. Athabasca Oil insider trading information
• Neutral Sentiment: The purchases were made at an average price of approximately C$10.68 per share, above the recently cited C$10.08 trading level. This provides a reference point for investor sentiment but does not guarantee that the stock will recover, particularly as ATH remains below its 50-day moving average and well below its 52-week high.

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.