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Athabasca Oil Corp

Company price
11.93 CAD 0.02 ( 0.17%)
Last update at 2026-10-28T20:00:00Z
VOLUME
2753120
Market Cap
5339.06M
P/E
22.71

Momentum Score

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Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates through the Athabasca (Thermal Oil) and Duvernay Energy segments. The Athabasca segment focuses on the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. Its Duvernay Energy segment engages in the exploration, development, and production of light crude oil and medium crude oil, tight oil, conventional natural gas, shale gas, and NGLs located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. The company was formerly known as Athabasca Oil Sands Corp. and changed its name to Athabasca Oil Corporation in May 2012. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada.

Source: TradingView
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Day Price Range
11.91
Low
11.98
High
52 Week Price Range
4.36
Low
11.54
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Athabasca Oil Corporation produces heavy oil and bitumen in Alberta within the Western Canadian Sedimentary Basin. Long-term growth drivers include higher oil prices, production gains at thermal and conventional assets and disciplined capital allocation that could support cash flow; investors may find the company attractive for exposure to Canadian oil fundamentals.
Principal risks are commodity price swings, heavy crude differentials and takeaway constraints, tightening Canadian regulation and environmental policy, and operational or balance-sheet pressure from capital-intensive projects.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
11.91
Dividend Yield
-
Revenue TTM
1310.27M
Revenue Per Share
2.62
Gross Profit TTM
565.13M
Debt / Equity
0.11
ROE
13.19%
Net Debt
-114.51M
ROCE
16.24%
Diluted EPS TTM
0.49

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 327.24M 617.34M -37.13M 158.98M 457.61M
Minority interest -2.70M -4.26M 0.00M - -
Net income 245.11M 467.74M -51.22M 572.27M 685.09M
Selling general administrative 146.43M 52.75M 74.87M 146.64M 126.95M
Selling and marketing expenses - 89.12M 94.97M - -
Gross profit 423.06M 751.90M 414.79M 731.03M 564.58M
Reconciled depreciation 131.30M 115.05M 110.80M 119.58M 98.64M
Ebit 368.70M 666.00M -8.12M 286.76M 307.30M
Ebitda 508.65M 781.05M 110.46M 406.34M 405.94M
Depreciation and amortization 139.95M 115.05M 118.58M 119.58M 98.64M
Operating income 368.70M 435.05M 219.84M 286.76M 307.30M
Other operating expenses 941.57M 1007.04M 1048.69M 1221.15M 708.35M
Interest expense 7.09M 40.71M 30.39M 78.99M 77.17M
Tax provision 79.42M 145.34M 14.09M -413.29M -
Interest income 12.81M 22.22M 11.59M 4.89M 7.43M
Net interest income -6.78M -48.18M -18.80M -75.76M -77.84M
Income tax expense 79.42M 145.34M 14.09M -413.29M -227.48M
Total revenue 1310.27M 1442.09M 1195.08M 1504.68M 1016.32M
Total operating expenses 54.36M 316.86M 373.00M 447.50M 256.61M
Cost of revenue 887.21M 690.19M 780.28M 773.65M 451.74M
Total other income expense net -41.47M 182.29M -256.97M -127.78M 150.31M
Net income from continuing ops 247.81M 472.00M -51.22M 572.27M 457.61M
Net income applicable to common shares - 467.74M -51.22M 572.27M 457.61M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 2550.74M 2474.61M 2048.64M 2230.35M 1742.13M
Other current assets 12.08M - 14.75M 12.70M 15.19M
Total liab 657.43M 610.88M 465.18M 519.86M 716.17M
Total stockholder equity 1773.93M 1747.06M 1583.45M 1710.50M 1025.96M
Other current liab 95.17M 72.79M 52.22M 216.17M 211.70M
Common stock 1742.94M - 2273.43M 2352.89M 2242.05M
Capital stock 1742.94M 1964.42M 2273.43M 2352.89M 2242.05M
Retained earnings -108.83M -353.94M -821.68M -770.46M -1342.73M
Other liab - - - 93.94M 113.39M
Other assets - - - 463.69M 52.64M
Cash 316.37M 344.84M 343.31M 197.53M 223.06M
Cash and equivalents - - - 197.53M 223.06M
Total current liabilities 280.27M 244.09M 185.13M 274.47M 286.44M
Net debt -114.51M - -157.77M 8.61M 161.24M
Short term debt 0.20M - 3.21M 58.30M 74.74M
Short long term debt - - - 58.30M 74.74M
Short long term debt total 201.86M - 185.54M 206.13M 384.30M
Other stockholder equity 139.82M - 131.70M 128.06M 126.64M
Property plant equipment - - - 1410.05M 1319.39M
Total current assets 498.51M 540.62M 500.65M 356.61M 370.11M
Net tangible assets - - - 1710.50M 1025.96M
Net receivables 126.18M 132.02M 100.11M 89.48M 88.83M
Long term debt 197.83M 195.83M 179.71M 147.83M 309.55M
Inventory 43.88M 43.21M 42.49M 56.90M 43.04M
Accounts payable 184.90M 168.56M 129.70M 126.09M 111.97M
Accumulated other comprehensive income - - 0.00M - -
Non currrent assets other 40.14M - 37.72M 50.41M 52.64M
Non current assets total 2052.23M 1933.99M 1547.99M 1873.75M 1372.02M
Long term debt total - - - 152.24M 318.04M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -251.34M 20.56M -146.00M 22.70M
Change to liabilities - - - 0.00M 0.00M
Total cashflows from investing activities -305.77M -251.34M 20.56M -146.00M 22.70M
Net borrowings 1.04M -34.52M -28.86M -230.44M -159.23M
Total cash from financing activities -230.74M -328.68M -170.73M -204.95M -159.20M
Change to operating activities - - - 8.97M 11.87M
Net income 245.11M 467.74M -51.22M 572.27M 457.61M
Change in cash -28.47M 1.53M 145.78M -25.53M 57.85M
Begin period cash flow 344.84M 343.31M 197.53M 223.06M 165.20M
End period cash flow 316.37M 344.84M 343.31M 197.53M 223.06M
Total cash from operating activities 520.46M 557.54M 305.53M 315.62M 194.25M
Depreciation - 123.00M 118.58M 119.58M 98.64M
Other cashflows from investing activities 16.29M 17.17M 11.96M 1.45M 94.61M
Sale purchase of stock -230.23M -316.96M -158.58M 39.80M 0.04M
Other cashflows from financing activities -2.14M 22.80M 14.09M 39.80M 399.73M
Change to netincome - - - -395.72M -387.87M
Capital expenditures 322.54M 268.04M 139.83M 147.45M 92.14M
Change in working capital 18.38M -1.51M -0.53M 8.97M 11.87M
Stock based compensation 5.93M 6.55M 3.56M 6.44M 0.92M
Other non cash items 256.97M -180.84M 221.05M 21.65M -276.14M
Free cash flow 520.46M 289.50M 165.69M 168.17M 102.11M

Peer Comparison*

Sector: Energy Industry: Oil & Gas E&P

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ATH
Athabasca Oil Corp
0.02
0.17%
11.93 22.71 15.43 4.07 2.92 3.72 10.59
CNQ
Canadian Natural Resources Ltd
0.83
1.09%
76.78 11.45 12.38 3.26 2.78 3.15 6.36
OXY
Occidental Petroleum CDR (CAD Hedged)
0.10
0.38%
26.12 42.29 13.11 2.65 2.04 3.96 7.33
TOU
Tourmaline Oil Corp.
0.41
0.61%
67.74 87.74 15.80 5.03 1.50 3.97 7.33
OVV
Ovintiv Inc
-0.05
0.05%
99.83 11.06 7.80 2.46 1.34 2.39 6.40

Profile*

Athabasca Oil Corp

Athabasca Oil Corporation engages in the exploration, development, and production of thermal and light oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates through the Athabasca (Thermal Oil) and Duvernay Energy segments. The Athabasca segment focuses on the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. Its Duvernay Energy segment engages in the exploration, development, and production of light crude oil and medium crude oil, tight oil, conventional natural gas, shale gas, and NGLs located primarily in the Greater Kaybob area near the town of Fox Creek, Alberta. The company was formerly known as Athabasca Oil Sands Corp. and changed its name to Athabasca Oil Corporation in May 2012. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada.

215 - 9th Avenue SW, Calgary, AB, Canada, T2P 1K3

403-237-8227

187

Name Title Year Born
Mr. Robert Anthony Broen B.Sc.Eng., P.Eng. Pres, CEO & Director NA
Mr. Matthew Taylor C.F.A. Chief Financial Officer NA
Ms. Karla Dawn Ingoldsby VP of Thermal Oil NA
Mr. Michael S.J. Wojcichowsky VP of Light Oil NA
Mr. Cameron Danyluk VP of Bus. Devel. & Gen. Counsel NA
Mr. Robert Anthony Broen B.Sc.Eng., P.Eng. President, CEO & Director NA
Mr. Cameron Danyluk B.Com., L.L.B. VP of Business Development & General Counsel NA
Ms. Karla Dawn Ingoldsby Vice President of Thermal Oil NA
Mr. Bruce Michael Beynon Vice President of Light Oil 1965
Mr. Bruce Michael Beynon Vice President of Light Oil 1964

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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