Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Acquires 47,700 Shares of Company Stock

Athabasca Oil Co. (TSE:ATH – Get Free Report) insider Athabasca Oil Corporation acquired 47,700 shares of Athabasca Oil stock in a transaction that occurred on Monday, September 28th. The stock was purchased at an average price of C$10.45 per share, with a total value of C$498,465.00. Following the transaction, the insider owned 937,000 shares of the company’s stock, valued at C$9,791,650. This trade represents a 5.36% increase in their ownership of the stock.

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

  • On Monday, September 21st, Athabasca Oil Corporation acquired 49,400 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$10.08 per share, for a total transaction of C$497,952.00.
  • On Tuesday, September 22nd, Athabasca Oil Corporation bought 49,500 shares of Athabasca Oil stock. The shares were acquired at an average cost of C$10.14 per share, with a total value of C$501,930.00.
  • On Wednesday, September 23rd, Athabasca Oil Corporation purchased 49,400 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$10.10 per share, with a total value of C$498,940.00.
  • On Thursday, September 24th, Athabasca Oil Corporation purchased 49,200 shares of Athabasca Oil stock. The stock was acquired at an average price of C$10.20 per share, for a total transaction of C$501,840.00.
  • On Friday, September 25th, Athabasca Oil Corporation acquired 48,600 shares of Athabasca Oil stock. The shares were acquired at an average cost of C$10.23 per share, for a total transaction of C$497,178.00.
  • On Tuesday, September 29th, Athabasca Oil Corporation acquired 48,700 shares of Athabasca Oil stock. The stock was acquired at an average price of C$10.28 per share, with a total value of C$500,636.00.
  • On Wednesday, August 19th, Athabasca Oil Corporation bought 46,200 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$10.82 per share, with a total value of C$499,884.00.
  • On Thursday, August 20th, Athabasca Oil Corporation bought 45,500 shares of Athabasca Oil stock. The shares were bought at an average price of C$11.02 per share, for a total transaction of C$501,410.00.
  • On Friday, August 21st, Athabasca Oil Corporation purchased 45,300 shares of Athabasca Oil stock. The shares were bought at an average cost of C$11.06 per share, for a total transaction of C$501,018.00.
  • On Monday, August 24th, Athabasca Oil Corporation purchased 46,400 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.78 per share, with a total value of C$500,192.00.

Athabasca Oil Price Performance

Shares of TSE ATH traded up C$0.06 during midday trading on Thursday, hitting C$10.45. The company had a trading volume of 1,131,948 shares, compared to its average volume of 2,449,784. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 10.95. Athabasca Oil Co. has a twelve month low of C$6.11 and a twelve month high of C$12.86. The business has a 50-day simple moving average of C$10.60 and a two-hundred day simple moving average of C$10.81. The firm has a market capitalization of C$5.03 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of -0.51 and a beta of -0.17.

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

Analyst Ratings Changes

Several brokerages recently issued reports on ATH. Jefferies Financial Group set a C$14.00 price objective on Athabasca Oil and gave the stock a “buy” rating in a report on Thursday, June 4th. BMO Capital Markets lowered Athabasca Oil from an “outperform” rating to a “hold” rating and set a C$12.50 target price on the stock. in a report on Wednesday, September 16th. Desjardins set a C$12.50 price target on Athabasca Oil and gave the stock a “hold” rating in a research note on Friday, July 17th. Finally, Royal Bank Of Canada set a C$12.00 price objective on shares of Athabasca Oil and gave the stock a “sector perform” rating in a research report on Thursday, September 10th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Athabasca Oil currently has a consensus rating of “Hold” and a consensus target price of C$11.56.

Get Our Latest Stock Analysis on ATH

About Athabasca Oil

(Get Free Report)

Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca’s light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca’s common shares trade on the TSX under the symbol ‘ATH’.

See Also

Insider Buying and Selling by Quarter for Athabasca Oil (TSE:ATH)

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