Athabasca Oil announces new $500 million credit facility
The four-year facility enhances liquidity and supports growth plans to exceed 60,000 bbl/d by 2030.
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Liquids-weighted Canadian oil producer
atha.comLast updated
In short: Athabasca Oil reported robust production growth, established a new $500 million credit facility, and formed the Duvernay Energy venture.
The four-year facility enhances liquidity and supports growth plans to exceed 60,000 bbl/d by 2030.
Production grew 7% to 40,242 boe/d. Adjusted Funds Flow reached $128 million. 2026 outlook increased to $550-$575 million.
TSX approves buying up to 46,976,750 shares from March 18, 2026 to March 17, 2027. Commits 100% of 2026 free cash flow to buybacks.
Production grew 7% to 39,375 boe/d. Adjusted Funds Flow reached $504 million. Reserves total 1.3 billion boe 2P with $5.8 billion NPV10. 2026 guidance maintained at 37,000-39,000 boe/d.
Desjardins set a C$12.50 price target on Athabasca Oil and gave the stock a "hold" rating in a research note on Friday.
Detailed price information for Athabasca Oil Corp (ATHOF) from The Globe and Mail including charting and trades.
Detailed price information for Athabasca Oil Corp (ATH-T) from The Globe and Mail including charting and trades.
Hit a new 52-week High of $12.33. Athabasca last week reported GAAP EPS of $0.10 for the full year. Corby Spirit and Wine Limited (T.CSW.A...
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