Athabasca Oil (TSE:ATH) Insider Athabasca Oil Corporation Purchases 49,100 Shares of Stock

Athabasca Oil Co. (TSE:ATHGet Free Report) insider Athabasca Oil Corporation bought 49,100 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was bought at an average cost of C$10.67 per share, for a total transaction of C$523,897.00. Following the acquisition, the insider owned 947,300 shares of the company’s stock, valued at approximately C$10,107,691. This trade represents a 5.47% increase in their position.

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

  • On Wednesday, August 19th, Athabasca Oil Corporation purchased 46,200 shares of Athabasca Oil stock. The shares were bought at an average price of C$10.82 per share, with a total value of C$499,884.00.
  • On Thursday, August 20th, Athabasca Oil Corporation purchased 45,500 shares of Athabasca Oil stock. The shares were bought at an average cost of C$11.02 per share, with a total value of C$501,410.00.
  • On Friday, August 21st, Athabasca Oil Corporation acquired 45,300 shares of Athabasca Oil stock. The stock was purchased at an average price of C$11.06 per share, for a total transaction of C$501,018.00.
  • On Monday, August 24th, Athabasca Oil Corporation acquired 46,400 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.78 per share, for a total transaction of C$500,192.00.
  • On Tuesday, August 25th, Athabasca Oil Corporation acquired 47,600 shares of Athabasca Oil stock. The shares were purchased at an average price of C$10.54 per share, with a total value of C$501,704.00.
  • On Wednesday, August 26th, Athabasca Oil Corporation acquired 46,900 shares of Athabasca Oil stock. The shares were purchased at an average price of C$10.66 per share, with a total value of C$499,954.00.
  • On Thursday, August 27th, Athabasca Oil Corporation bought 43,800 shares of Athabasca Oil stock. The stock was purchased at an average price of C$10.80 per share, with a total value of C$473,040.00.
  • On Monday, August 31st, Athabasca Oil Corporation bought 46,900 shares of Athabasca Oil stock. The stock was purchased at an average cost of C$10.68 per share, for a total transaction of C$500,892.00.
  • On Monday, July 20th, Athabasca Oil Corporation bought 38,100 shares of Athabasca Oil stock. The stock was purchased at an average cost 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 purchased at an average price of C$10.79 per share, for a total transaction of C$419,731.00.

Athabasca Oil Stock Performance

TSE ATH traded up C$0.23 during trading hours on Tuesday, hitting C$10.86. 846,969 shares of the stock were exchanged, compared to its average volume of 2,465,573. The company has a quick ratio of 1.24, a current ratio of 1.90 and a debt-to-equity ratio of 10.95. The stock has a 50-day moving average of C$10.52 and a 200 day moving average of C$10.52. Athabasca Oil Co. has a 12-month low of C$5.98 and a 12-month high of C$12.86. The company has a market cap of C$5.23 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of -0.51 and a beta of -0.23.

Athabasca Oil (TSE:ATHGet Free Report) last issued 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 net margin of 17.68% and a return on equity of 12.57%. The company had revenue of C$306.54 million during the quarter. As a group, equities research analysts forecast that Athabasca Oil Co. will post 0.5403473 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. 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. Desjardins set a C$12.50 price target on 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 target on Athabasca Oil from C$12.00 to C$12.50 and gave the stock a “sector perform” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of C$11.50.

Get Our Latest Stock Analysis on ATH

About Athabasca Oil

(Get Free Report)

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

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