Athabasca Oil: Stocks Analysts Recently Downgraded on TSX (ATH)
Athabasca Oil Corp is among the group of Toronto Stock Exchange stocks recently downgraded by analysts. This means each stock on this list has seen its averge consensus value drop in the last week so at least one analyst has downgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included in this list when its mean rating decreases from the previous week. Stocks in this category are generally sold to preserve capital.
Companies can get downgraded for a number of reasons - but primarily due to reduced future earnings potential due to loss of contracts, new faltering product lines or increasing costs relative to revenue or financial risk.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| TRP | TC Energy Corp | 3 | 3 | 7 | 0 | 0 | 0 | 3.6923 | 3.7857 | Outperform |
| PPL | Pembina Pipeline Corp | 6 | 0 | 3 | 0 | 0 | 0 | 4.3333 | 4.4 | Outperform |
| KEY | Keyera Corp | 3 | 0 | 6 | 0 | 0 | 0 | 3.6667 | 3.7273 | Outperform |
| PSK | PrairieSky Royalty Ltd | 2 | 0 | 6 | 0 | 0 | 0 | 3.5 | 3.6667 | Hold |
| POU | Paramount Resources Ltd | 4 | 1 | 2 | 0 | 0 | 0 | 4.2857 | 4.375 | Outperform |
| BTE | Baytex Energy Corp | 6 | 0 | 2 | 0 | 0 | 0 | 4.5 | 4.5556 | Outperform |
| PEY | Peyto Exploration & Development Corp | 5 | 0 | 4 | 0 | 0 | 0 | 4.1111 | 4.2 | Outperform |
| SES | Secure Energy Services Inc | 4 | 2 | 2 | 0 | 0 | 0 | 4.25 | 4.3333 | Outperform |
| ATH | Athabasca Oil Corp | 4 | 0 | 3 | 0 | 0 | 0 | 4.1429 | 4.25 | Outperform |
| NVA | NuVista Energy Ltd | 5 | 1 | 3 | 0 | 0 | 0 | 4.2222 | 4.3 | Outperform |
| VET | Vermilion Energy Inc | 5 | 1 | 3 | 0 | 0 | 0 | 4.2222 | 4.3 | Outperform |
| IPCO | International Petroleum Corp | 2 | 0 | 2 | 0 | 0 | 0 | 4 | 4.2 | Outperform |
| HWX | Headwater Exploration Inc | 4 | 1 | 1 | 0 | 0 | 0 | 4.5 | 4.5714 | Outperform |
| AAV | Advantage Energy Ltd | 2 | 2 | 2 | 0 | 0 | 0 | 4 | 4.25 | Outperform |
| CJ | Cardinal Energy Ltd | 1 | 0 | 4 | 0 | 0 | 0 | 3.4 | 3.6667 | Hold |
| TCW | Trican Well Service Ltd | 4 | 1 | 3 | 0 | 0 | 0 | 4.125 | 4.2222 | Outperform |
| EFX | Enerflex Ltd | 5 | 1 | 3 | 0 | 0 | 0 | 4.2222 | 4.3 | Outperform |
| OBE | Obsidian Energy Ltd | 2 | 0 | 1 | 0 | 0 | 0 | 4.3333 | 4.5 | Outperform |
| CR | Crew Energy Inc | 3 | 3 | 3 | 0 | 0 | 0 | 4 | 4.1 | Outperform |
| KEC | Kiwetinohk Energy Corp | 4 | 1 | 1 | 0 | 0 | 0 | 4.5 | 4.5714 | Outperform |
| DIV | Diversified Royalty Corp | 1 | 2 | 1 | 0 | 0 | 0 | 4 | 4.2 | Outperform |
| CET | Cathedral Energy Services Ltd | 3 | 1 | 0 | 0 | 0 | 0 | 4.75 | 4.8 | Buy |
| BNE | Bonterra Energy Corp | 2 | 0 | 1 | 0 | 0 | 0 | 4.3333 | 4.5 | Outperform |
| JOY | Journey Energy Inc | 2 | 1 | 1 | 0 | 0 | 0 | 4.25 | 4.4 | Outperform |
| RBY | Rubellite Energy Inc | 2 | 1 | 0 | 0 | 0 | 0 | 4.6667 | 4.75 | Buy |
All data provided as of June 13, 2024.
More about Athabasca Oil Corp
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.
Athabasca Oil Corp is listed under ATH on the Toronto Stock Exchange.
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