ATH:CA:TSX-Athabasca Oil Corporation (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 0.15

Change

-0.01 (-6.45)%

Market Cap

CAD 0.08B

Volume

1.37M

Average Target Price

CAD 0.08 (-48.28%)
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates in Light Oil and Thermal Oil segments. Its principal properties are in the Greater Placid and Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer and Hangingstone projects located in the Athabasca region of northeastern Alberta. The company produces light oil, natural gas, and natural gas liquids; and bitumen from sand and carbonate rock formations. As of December 31, 2019, it held approximately 1,116,228 net acres of mineral resource leases, licenses, and permits, which include approximately 760,000 net acres of oil sands leases and permits in the Athabasca region of northeastern Alberta and approximately 259,200 net acres of petroleum and natural gas leases in northwestern 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 founded in 2006 and is headquartered in Calgary, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-01 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

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CAD60.81B 13.85 1.07
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CAD34.99B 695.33 9.60
TOU:CA Tourmaline Oil Corp

-0.19 (-1.05%)

CAD4.92B 97.20 5.40
OVV:CA Ovintiv Inc

N/A

CAD4.32B 3.13 3.76
PXT:CA Parex Resources Inc

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CAD2.40B 19.56 4.25
PSK:CA PrairieSky Royalty Ltd

-0.11 (-1.07%)

CAD2.30B 56.96 15.32
ARX:CA ARC Resources Ltd

-0.20 (-3.11%)

CAD2.28B 17.30 7.87
VII:CA Seven Generations Energy Ltd

+0.12 (+2.22%)

CAD1.80B 1.96 14.01
WCP:CA Whitecap Resources Inc

-0.02 (-0.51%)

CAD1.60B 30.85 5.99
CPG:CA Crescent Point Energy Corp

-0.02 (-0.86%)

CAD1.23B N/A 2.73

ETFs Containing ATH:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -75.42% 11% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -75.42% 7% F 1% F
Trailing 12 Months  
Capital Gain -59.72% 24% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -59.72% 24% F 3% F
Trailing 5 Years  
Capital Gain -91.42% 15% F 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -91.42% 10% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain -20.06% N/A N/A 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -20.06% N/A N/A 5% F
Risk Return Profile  
Volatility (Standard Deviation) 44.55% N/A N/A 16% F
Risk Adjusted Return -45.04% N/A N/A 11% F
Market Capitalization 0.08B 40% F 37% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 0.29 100% A+ 97% A+
Price/Book Ratio 0.13 91% A- 99% A+
Price / Cash Flow Ratio 0.89 64% D 77% C+
EV/EBITDA 0.85 94% A 98% A+
Management Effectiveness  
Return on Equity -65.88% 38% F 10% F
Return on Invested Capital -0.57% 38% F 35% F
Return on Assets -2.13% 59% F 32% F
Debt to Equity Ratio 45.87% 38% F 50% F
Technical Ratios  
Short Ratio 9.18 24% F 9% F
Short Percent N/A N/A N/A N/A N/A
Beta 2.32 59% F 8% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.