Ratings Athabasca Oil Corporation

Equities

ATH

CA04682R1073

Market Closed - Toronto S.E. Other stock markets 21:00:00 09/05/2024 BST			5-day change	1st Jan Change
4.99 ^CAD	+3.31%		+3.96%	+19.66%

05-09	Athabasca Oil's Rating Upgraded to Outperform, Price Target Raised to $7 by National Bank of Canada	MT
05-09	Athabasca Oil Corporation Reports Consolidated Production Results for the First Quarter Ended March 31, 2024	CI

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
According to Refinitiv, the company's ESG score for its industry is poor.

Strengths

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Its low valuation, with P/E ratio at 8.18 and 6.74 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company has a low valuation given the cash flows generated by its activity.
Over the last twelve months, the sales forecast has been frequently revised upwards.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past twelve months, EPS forecast has been revised upwards.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Over the past four months, analysts' average price target has been revised upwards significantly.
Over the past twelve months, analysts' opinions have been strongly revised upwards.
Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

The overall consensus opinion of analysts has deteriorated sharply over the past four months.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Oil & Gas Exploration and Production

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ATHABASCA OIL CORPORATION	+19.66%	2.04B		C-
CIVITAS RESOURCES, INC.	+14.30%	7.74B		C
SNGN ROMGAZ SA	+5.79%	4.42B		-
TOPAZ ENERGY CORP.	+16.82%	2.4B		C-
PAREX RESOURCES INC.	-1.40%	1.84B		B+
PETRORECONCAVO S.A.	-1.70%	1.22B		D+
MATEN PETROLEUM	-.--%	1.12B	-	-
SURGE ENERGY INC.	+11.27%	530M		C-
CITIC RESOURCES HOLDINGS LIMITED	+48.57%	513M	-	-
GREENFIRE RESOURCES LTD.	+20.99%	406M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes