Athabasca Oil Co. (TSE:ATH – Get Free Report) insider Athabasca Oil Corporation purchased 37,300 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The stock was bought at an average cost of C$11.25 per share, for a total transaction of C$419,625.00. Following the completion of the acquisition, the insider directly owned 755,000 shares of the company’s stock, valued at C$8,493,750. This represents a 5.20% increase in their ownership of the stock.
Athabasca Oil Corporation also recently made the following trade(s):
- On Monday, July 20th, Athabasca Oil Corporation acquired 38,100 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.73 per share, with a total value of C$408,813.00.
- On Tuesday, July 21st, Athabasca Oil Corporation bought 38,900 shares of Athabasca Oil stock. The stock was 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 bought 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 Friday, July 24th, Athabasca Oil Corporation bought 36,800 shares of Athabasca Oil stock. The stock was bought at an average price of C$10.99 per share, for a total transaction of C$404,432.00.
- On Monday, July 27th, Athabasca Oil Corporation purchased 39,500 shares of Athabasca Oil stock. The shares were bought at an average cost of C$10.56 per share, for a total transaction of C$417,120.00.
- On Tuesday, July 28th, Athabasca Oil Corporation purchased 39,400 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.38 per share, with a total value of C$408,972.00.
- On Wednesday, July 29th, Athabasca Oil Corporation acquired 39,900 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.47 per share, with a total value of C$417,753.00.
- On Thursday, July 30th, Athabasca Oil Corporation acquired 39,500 shares of Athabasca Oil stock. The shares were purchased at an average price of C$10.45 per share, for a total transaction of C$412,775.00.
- On Friday, July 31st, Athabasca Oil Corporation bought 43,500 shares of Athabasca Oil stock. The shares were purchased at an average cost of C$10.41 per share, for a total transaction of C$452,835.00.
- On Tuesday, June 23rd, Athabasca Oil Corporation bought 47,300 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.77 per share, with a total value of C$509,421.00.
Athabasca Oil Price Performance
Shares of TSE ATH 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 company has a market capitalization of C$4.84 billion, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of -0.51 and a beta of -0.19. Athabasca Oil Co. has a twelve month low of C$5.57 and a twelve month high of C$12.86. The business has a 50 day simple moving average of C$10.78 and a 200-day simple moving average of C$10.15.
Wall Street Analysts Forecast Growth
ATH has been the subject of a number of research reports. Royal Bank Of Canada lifted their target price on Athabasca Oil from C$12.00 to C$12.50 and gave the company a “sector perform” rating in a research note on Friday, May 8th. Desjardins set a C$12.50 price target on Athabasca Oil and gave the stock a “hold” rating in a report on Friday, July 17th. Finally, Jefferies Financial Group set a C$14.00 price target on Athabasca Oil and gave the stock a “buy” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$11.50.
Read Our Latest Analysis on ATH
Athabasca Oil News Summary
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
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.
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