Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Acquires 39,500 Shares

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation bought 39,500 shares of the company’s stock in a transaction on Thursday, July 30th. The shares were bought at an average price of C$10.45 per share, with a total value of C$412,775.00. Following the completion of the transaction, the insider owned 950,100 shares of the company’s stock, valued at C$9,928,545. The trade was a 4.34% increase in their ownership of the stock.

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

• On Monday, July 20th, Athabasca Oil Corporation purchased 38,100 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.73 per share, with a total value of C$408,813.00.
• On Tuesday, July 21st, Athabasca Oil Corporation purchased 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 acquired 37,500 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.85 per share, for a total transaction of C$406,875.00.
• On Thursday, July 23rd, Athabasca Oil Corporation acquired 37,300 shares of Athabasca Oil stock. The shares were bought at an average price of C$11.25 per share, for a total transaction of C$419,625.00.
• On Friday, July 24th, Athabasca Oil Corporation acquired 36,800 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.99 per share, with a total value of C$404,432.00.
• On Monday, July 27th, Athabasca Oil Corporation bought 39,500 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.56 per share, with a total value of C$417,120.00.
• On Tuesday, July 28th, Athabasca Oil Corporation bought 39,400 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.38 per share, for a total transaction of C$408,972.00.
• On Wednesday, July 29th, Athabasca Oil Corporation bought 39,900 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.47 per share, for a total transaction of C$417,753.00.
• On Friday, July 31st, Athabasca Oil Corporation purchased 43,500 shares of Athabasca Oil stock. The shares were purchased at an average price of C$10.41 per share, for a total transaction of C$452,835.00.
• On Tuesday, June 23rd, Athabasca Oil Corporation purchased 47,300 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$10.77 per share, with a total value of C$509,421.00.

Athabasca Oil Trading Down 2.9%

Shares of ATH stock opened at C$10.06 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 10.95. The firm has a market cap of C$4.84 billion, a P/E ratio of 21.40, a price-to-earnings-growth ratio of -0.51 and a beta of -0.19. The business has a 50-day moving average price of C$10.78 and a two-hundred day moving average price of C$10.15. Athabasca Oil Co. has a 12-month low of C$5.57 and a 12-month high of C$12.86.

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

Athabasca Oil News Roundup

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

• Positive Sentiment: Athabasca Oil Corporation bought a combined 390,400 shares of Athabasca Oil between July 20 and July 31 for approximately C$4.17 million, at an average price of about C$10.68 per share. The purchases increased the insider’s direct ownership to 993,600 shares, valued at roughly C$10.34 million. The sustained buying—particularly as shares traded near or below the purchase prices—may support investor confidence that management views the stock as attractively valued. Athabasca Oil insider trading report
• Neutral Sentiment: The purchases were made several days before the transactions were reported and appear to be the same insider’s repeated acquisitions rather than a new company announcement. Investors should therefore weigh the signal alongside oil prices, production results and Athabasca’s upcoming financial performance. The stock remains below its 50-day moving average and near its 200-day moving average, suggesting that broader market and commodity factors continue to influence trading. Athabasca Oil stock information

Wall Street Analyst Weigh In

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

Athabasca Oil Company Profile

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.