Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Acquires 36,800 Shares of Stock

Athabasca Oil Co. (TSE:ATH) insider Athabasca Oil Corporation bought 36,800 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were purchased at an average price of C$10.99 per share, with a total value of C$404,432.00. Following the completion of the acquisition, the insider directly owned 791,800 shares in the company, valued at C$8,701,882. This trade represents a 4.87% 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 shares were acquired at an average price 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 shares were acquired 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 stock was acquired at an average cost of C$10.85 per share, with a total value of C$406,875.00.
• On Thursday, July 23rd, Athabasca Oil Corporation acquired 37,300 shares of Athabasca Oil stock. The stock was acquired at an average cost of C$11.25 per share, with a total value of C$419,625.00.
• On Monday, July 27th, Athabasca Oil Corporation acquired 39,500 shares of Athabasca Oil stock. The stock was acquired 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 shares were acquired 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 acquired at an average price of C$10.47 per share, for a total transaction of C$417,753.00.
• On Thursday, July 30th, Athabasca Oil Corporation purchased 39,500 shares of Athabasca Oil stock. The stock was acquired 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 stock was acquired at an average price of C$10.41 per share, with a total value of C$452,835.00.
• On Tuesday, June 23rd, Athabasca Oil Corporation acquired 47,300 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.77 per share, for a total transaction of C$509,421.00.

Athabasca Oil Stock Down 2.9%

Shares of TSE ATH opened at C$10.06 on Wednesday. The stock has a market cap of C$4.84 billion, a P/E ratio of 21.40, a PEG ratio of -0.51 and a beta of -0.19. The company has a current ratio of 1.90, a quick ratio of 1.24 and a debt-to-equity ratio of 10.95. Athabasca Oil Co. has a 12-month low of C$5.57 and a 12-month high of C$12.86. The business’s fifty day simple moving average is C$10.78 and its 200-day simple moving average is C$10.15.

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 (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. As a group, equities analysts predict that Athabasca Oil Co. will post 0.5403473 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ATH has been the topic of a number of recent research reports. Jefferies Financial Group set a C$14.00 target price on shares of Athabasca Oil and gave the stock a “buy” rating in a research note on Thursday, June 4th. Desjardins set a C$12.50 price objective on shares of Athabasca Oil and gave the company a “hold” rating in a research report on Friday, July 17th. Finally, Royal Bank Of Canada lifted 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 report on Friday, May 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$11.50.

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

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.