Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Purchases 43,500 Shares of Stock

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation bought 43,500 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was bought at an average cost of C$10.41 per share, with a total value of C$452,835.00. Following the completion of the acquisition, the insider owned 993,600 shares in the company, valued at C$10,343,376. This represents a 4.58% increase in their position.

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, for a total transaction 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 purchased 37,500 shares of Athabasca Oil stock. The stock was 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, with a total value 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 purchased 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 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 shares were purchased at an average price 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 Tuesday, June 23rd, Athabasca Oil Corporation purchased 47,300 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.77 per share, for a total transaction of C$509,421.00.

Athabasca Oil Price Performance

Shares of Athabasca Oil stock opened at C$10.06 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.24 and a debt-to-equity ratio of 10.95. The stock has a market capitalization of C$4.84 billion, a price-to-earnings ratio of 21.40, a P/E/G ratio of -0.51 and a beta of -0.19. Athabasca Oil Co. has a 1-year low of C$5.57 and a 1-year high of C$12.86. The firm’s 50-day moving average price is C$10.78 and its two-hundred day moving average price is C$10.15.

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

Key Stories Impacting Athabasca Oil

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 analysts have commented 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 stock a “sector perform” rating in a research note on Friday, May 8th. Desjardins set a C$12.50 price target on shares of Athabasca Oil and gave the stock a “hold” rating in a research report on Friday, July 17th. Finally, 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. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of C$11.50.

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.