Athabasca Oil Corporation (TSE:ATH) has released an update.
Athabasca Oil Corporation has reported robust first quarter results in 2024, including a production increase with the Leismer expansion and new wells in Duvernay. The company has also successfully completed its inaugural share buyback program, reinforcing its capital return strategy. With strong operational performance, Athabasca anticipates significant free cash flow generation over the next three years.
For further insights into TSE:ATH stock, check out TipRanks’ Stock Analysis page.
