Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Buys 39,400 Shares of Stock

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation purchased 39,400 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were bought at an average price of C$10.38 per share, for a total transaction of C$408,972.00. Following the purchase, the insider directly owned 870,700 shares in the company, valued at C$9,037,866. This represents a 4.74% increase in their position.

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

• On Monday, July 20th, Athabasca Oil Corporation acquired 38,100 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.73 per share, with a total value of C$408,813.00.
• On Tuesday, July 21st, Athabasca Oil Corporation acquired 38,900 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.79 per share, with a total value 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 cost of C$10.85 per share, for a total transaction of C$406,875.00.
• On Thursday, July 23rd, Athabasca Oil Corporation bought 37,300 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$11.25 per share, for a total transaction of C$419,625.00.
• On Friday, July 24th, Athabasca Oil Corporation bought 36,800 shares of Athabasca Oil stock. The stock was purchased 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 bought 39,500 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.56 per share, with a total value of C$417,120.00.
• 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 purchased at an average cost of C$10.45 per share, with a total value of C$412,775.00.
• 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 price of C$10.77 per share, for a total transaction of C$509,421.00.

Athabasca Oil Stock Down 2.9%

Shares of ATH stock opened at C$10.06 on Wednesday. The stock’s 50-day simple moving average is C$10.78 and its 200-day simple moving average is C$10.15. The company has a debt-to-equity ratio of 10.95, a quick ratio of 1.24 and a current ratio of 1.90. The firm has a market capitalization of C$4.84 billion, a PE ratio of 21.40, a P/E/G ratio of -0.51 and a beta of -0.19. Athabasca Oil Co. has a fifty-two week low of C$5.57 and a fifty-two week 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 EPS for the quarter. Athabasca Oil had a return on equity of 12.57% and a net margin of 17.68%.The firm had revenue of C$306.54 million during the quarter. Equities analysts expect that Athabasca Oil Co. will post 0.5403473 earnings per share for the current year.

Key Athabasca Oil News

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

Analyst Ratings Changes

Several brokerages have commented on ATH. Desjardins set a C$12.50 price objective on shares of Athabasca Oil and gave the company a “hold” rating in a research note on Friday, July 17th. Royal Bank Of Canada increased their price objective on shares of Athabasca Oil from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group set a C$14.00 target price 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 given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus 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.