Athabasca Oil Corp
TSX:ATH
Operating Margin
Athabasca Oil Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
Athabasca Oil Corp
TSX:ATH
|
2.8B CAD |
47%
|
|
| US |
|
Conocophillips
NYSE:COP
|
115.7B USD |
24%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
707.1B CNY |
44%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
64.9B USD |
35%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
88.7B CAD |
29%
|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
32%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
34%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
40.6B USD |
41%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
40.6B USD |
35%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
35.4B USD |
6%
|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
46.3B AUD |
37%
|
Athabasca Oil Corp
Glance View
Athabasca Oil Corporation stands as a testament to the dynamic nature of the energy sector, navigating the complexities of Canada's rich oil sands and conventional oil reserves. Established in the heart of Alberta, Athabasca has focused its operations primarily on thermal and light oil production. The company's thermal oil segment comprises significant assets in the Athabasca region, where it harnesses advanced thermal recovery technology to extract bitumen. This process, while capital-intensive, allows for a steady and reliable production stream crucial in supplying energy demands and generating revenue. The extracted bitumen is then either upgraded into synthetic crude or sold, providing a critical income stream for the company. On the other hand, the corporation's light oil division complements its portfolio with lower-cost projects characterized by quicker returns on investment. Through strategic development of these light oil plays, Athabasca enhances its production mix and mitigates the risks associated with volatile oil prices. By employing horizontal drilling and multi-stage fracturing techniques, the company taps into these reservoirs with greater efficiency and environmental care. More than just an oil producer, Athabasca Oil Corp. positions itself strategically through its marketing and transportation initiatives, ensuring that its resources move efficiently to market, optimizing revenue streams. This dual-pronged approach balances risk and return, providing stakeholders with confidence in the company’s resilience in an unpredictable industry landscape.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Athabasca Oil Corp's most recent financial statements, the company has Operating Margin of 47.3%.
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