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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (146721)3/24/2023 2:29:45 PM
From: Goose94Read Replies (3) of 202923
 
Athabasca Oil (ATH-T) revisited 2.0 Eric Nuttall on BNN.ca Market Call Friday March 24th @ 1200ET

The company stands on the cusp of initiating its very first share buyback program next month, having committed 75 per cent of free cash flow to be returned to shareholders. Trading at a 20 per cent/29 per cent free cash flow yield at US$80/US$100WTI, we see meaningful share buybacks acting as a catalyst to drive a re-rating in the stock valuation.
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