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Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. The company operates through Thermal Oil and Light Oil segments. Its principal properties are in the Greater Placid and Greater Kaybob areas near the Town of Fox Creek in northwestern Alberta; and the Leismer and Hangingstone projects located in the Athabasca region of northeastern Alberta. The company produces light and medium crude oil, tight oil, conventional natural gas, shale gas, and natural gas liquids; and bitumen from sand and carbonate rock formations. As of December 31, 2021, it held approximately 889,000 net acres of mineral resource leases, licenses, and permits, which include approximately 347,000 net acres of oil sands leases and permits, and approximately 337,000 net acres of petroleum and natural gas leases in the Athabasca region of northwestern Alberta; approximately 204,000 net acres of petroleum and natural gas leases in northwestern Alberta; and had an interest in approximately 254 gross wells of bitumen, crude oil, and natural gas. The company was formerly known as Athabasca Oil Sands Corp. and changed its name to Athabasca Oil Corporation in May 2012. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada.

Athabasca Oil Dividend Announcement

• Athabasca Oil does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Athabasca Oil dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Athabasca Oil Dividend History

Athabasca Oil Dividend Yield

Athabasca Oil current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Athabasca Oil stock? Use our calculator to estimate your expected dividend yield:

Athabasca Oil Financial Ratios

P/E ratio11.90
PEG ratio0.08
P/B ratio1.76
ROE14.73%
Payout ratio0.00%
Current ratio2.54
Quick ratio2.32
Cash Ratio1.69

Athabasca Oil Dividend FAQ

Does Athabasca Oil stock pay dividends?
Athabasca Oil does not currently pay dividends to its shareholders.
Has Athabasca Oil ever paid a dividend?
No, Athabasca Oil has no a history of paying dividends to its shareholders. Athabasca Oil is not known for its dividend payments.
Why doesn't Athabasca Oil pay dividends?
There are several potential reasons why Athabasca Oil would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Athabasca Oil ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Athabasca Oil has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Athabasca Oil a dividend aristocrat?
Athabasca Oil is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Athabasca Oil a dividend king?
Athabasca Oil is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Athabasca Oil a dividend stock?
No, Athabasca Oil is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Athabasca Oil stocks?
To buy Athabasca Oil you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Athabasca Oil stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.