Ratings Athabasca Oil Corporation

Equities

ATH

CA04682R1073

Delayed Toronto S.E. Other stock markets 11:36:09 2024-05-02 am EDT			5-day change	1st Jan Change
4.745 ^CAD	+1.82%		-5.57%	+13.91%

Apr. 29	Athabasca Oil Brief: National Bank Says Rating and Target Reflect Its "Noted Fair Value" Based On a 2024e EV/DACF of 6.0x, and "Leaves Upside Through Corporate Execution of Growth"	MT
Apr. 29	Athabasca Oil Brief: National Bank Initiating Coverage With a Sector Perform Rating and $6.50 Target	MT

Summary

The company presents an interesting fundamental situation from a short-term investment perspective.
The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

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.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
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.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
For the past twelve months, EPS forecast has been revised upwards.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
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.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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	+13.91%	1.89B		C-
CIVITAS RESOURCES, INC.	+3.74%	7.08B		C
SNGN ROMGAZ SA	+4.79%	4.34B		-
PAREX RESOURCES INC.	-3.95%	1.77B		B+
PETRORECONCAVO S.A.	+0.60%	1.23B		D+
MATEN PETROLEUM	-.--%	1.11B	-	-
BERRY CORPORATION	+13.16%	618M		C+
CITIC RESOURCES HOLDINGS LIMITED	+54.29%	532M	-	-
SURGE ENERGY INC.	+11.88%	523M		C-
GREENFIRE RESOURCES LTD.	+18.11%	397M	-	-

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