Latest news with #AthabascaOilCorporation
Yahoo
08-05-2025
- Business
- Yahoo
Athabasca Oil Corporation Announces Results from 2025 Annual Shareholder Meeting
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) ('Athabasca' or the 'Company') announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 8, 2025 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at eight, electing eight proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows: Nominee Votes For Votes Withheld No. % No. % Ronald Eckhardt 281,658,153 99.1 2,612,876 0.9 Angela Avery 282,469,547 99.4 1,801,482 0.6 Bryan Begley 275,896,264 97.1 8,374,765 2.9 Robert Broen 283,592,923 99.8 678,106 0.2 John Festival 205,388,503 72.3 78,882,526 27.7 Marty Proctor 280,816,256 98.8 3,454,773 1.2 Marnie Smith 283,480,131 99.7 790,898 0.3 Theresa Roessel 283,458,217 99.7 812,812 0.3 About Athabasca Oil Corporation Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta's Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca's light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca's common shares trade on the TSX under the symbol 'ATH'. For more information, visit For more information, please contact: Matthew Taylor Chief Financial Officer 1-403-817-9104 mtaylor@ Robert Broen President and CEO1-403-817-9190rbroen@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
08-05-2025
- Business
- Hamilton Spectator
Athabasca Oil Corporation Announces Results from 2025 Annual Shareholder Meeting
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) ('Athabasca' or the 'Company') announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 8, 2025 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at eight, electing eight proposed director nominees and the appointment of Ernst & Young LLP as auditors. The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows: About Athabasca Oil Corporation Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta's Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca's light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca's common shares trade on the TSX under the symbol 'ATH'. For more information, visit .
Yahoo
30-01-2025
- Business
- Yahoo
Even though Athabasca Oil (TSE:ATH) has lost CA$233m market cap in last 7 days, shareholders are still up 986% over 5 years
Long term investing can be life changing when you buy and hold the truly great businesses. While not every stock performs well, when investors win, they can win big. To wit, the Athabasca Oil Corporation (TSE:ATH) share price has soared 986% over five years. And this is just one example of the epic gains achieved by some long term investors. On the other hand, the stock price has retraced 8.3% in the last week. We love happy stories like this one. The company should be really proud of that performance! While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment. See our latest analysis for Athabasca Oil There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, Athabasca Oil became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. Since the company was unprofitable five years ago, but not three years ago, it's worth taking a look at the returns in the last three years, too. We can see that the Athabasca Oil share price is up 280% in the last three years. In the same period, EPS is up 142% per year. This EPS growth is higher than the 56% average annual increase in the share price over the same three years. Therefore, it seems the market has moderated its expectations for growth, somewhat. This cautious sentiment is reflected in its (fairly low) P/E ratio of 11.08. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). We know that Athabasca Oil has improved its bottom line over the last three years, but what does the future have in store? It might be well worthwhile taking a look at our free report on how its financial position has changed over time. Athabasca Oil shareholders are up 14% for the year. But that was short of the market average. If we look back over five years, the returns are even better, coming in at 61% per year for five years. Maybe the share price is just taking a breather while the business executes on its growth strategy. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For example, we've discovered 2 warning signs for Athabasca Oil (1 can't be ignored!) that you should be aware of before investing here. But note: Athabasca Oil may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
