Athabasca Oil (TSE:ATH) Insider Acquires C$417,120.00 in Stock

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation purchased 39,500 shares of the business’s stock in a transaction on Monday, July 27th. The stock was bought at an average cost of C$10.56 per share, for a total transaction of C$417,120.00. Following the purchase, the insider owned 831,300 shares of the company’s stock, valued at approximately C$8,778,528. This represents a 4.99% 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 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 cost 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 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 stock was bought 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 acquired 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 Tuesday, July 28th, Athabasca Oil Corporation bought 39,400 shares of Athabasca Oil stock. The stock was bought at an average cost of C$10.38 per share, with a total value 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 stock was purchased at an average cost 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 stock was 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 acquired 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 Stock Up 3.2%

TSE:ATH opened at C$9.92 on Friday. The stock has a 50-day simple moving average of C$10.72 and a 200 day simple moving average of C$10.19. Athabasca Oil Co. has a 52-week low of C$5.57 and a 52-week high of C$12.86. The company has a market cap of C$4.77 billion, a PE ratio of 21.11, a PEG ratio of -0.51 and a beta of -0.23. 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 (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 for the quarter. On average, sell-side analysts expect that Athabasca Oil Co. will post 0.5403473 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on ATH shares. Desjardins set a C$12.50 price objective on shares of Athabasca Oil and gave the stock a “hold” rating in a research report on Friday, July 17th. Royal Bank Of Canada raised 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 research report on Friday, May 8th. Finally, Jefferies Financial Group set a C$14.00 price target on shares of Athabasca Oil and gave the company a “buy” rating in a research note on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Athabasca Oil presently 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.