Athabasca Oil (OTCMKTS:ATHOF – Get Free Report) is expected to release its results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of $0.0983 per share and revenue of $253.0790 million for the quarter.
Athabasca Oil Price Performance
Shares of Athabasca Oil stock opened at $6.46 on Monday. The company’s fifty day simple moving average is $5.61 and its two-hundred day simple moving average is $5.13. Athabasca Oil has a 12-month low of $2.86 and a 12-month high of $6.67.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada cut shares of Athabasca Oil from an “outperform” rating to a “sector perform” rating in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Athabasca Oil currently has a consensus rating of “Hold”.
About Athabasca Oil
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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