Shares of Athabasca Oil Co. (OTCMKTS:ATHOF – Get Free Report) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.
A number of research firms have recently issued reports on ATHOF. BMO Capital Markets downgraded Athabasca Oil to a “market perform” rating in a research note on Wednesday, September 16th. Raymond James Financial reissued an “outperform” rating on shares of Athabasca Oil in a report on Wednesday, September 16th. Finally, Jefferies Financial Group assumed coverage on Athabasca Oil in a research note on Thursday, June 4th. They set a “buy” rating for the company.
View Our Latest Research Report on ATHOF
Athabasca Oil Stock Performance
Athabasca Oil Company Profile
Athabasca Oil Corporation, trading as ATHOF on the OTCMKTS, is a Canadian energy company focused on the exploration, development and production of heavy oil and bitumen resources. The company’s asset portfolio spans key regions in Western Canada, including the Peace River, Cold Lake and Lloydminster heavy oil plays, as well as select light oil and natural gas opportunities in emerging formations.
Through a vertically integrated operating model, Athabasca Oil manages activities from reservoir optimization and drilling to surface facility construction and bitumen handling.
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