Athabasca Oil Q3 net income and comprehensive income rises 12% year over year to $77.81 million
Bitget2026/10/28 23:05- Athabasca Oil’s third-quarter 2026 net income and comprehensive income rose 12% year over year to $77.81 million.
- Petroleum, natural gas and midstream sales climbed 38% year over year to $461.05 million.
- Cash flow from operating activities fell 27% year over year to $114.57 million.
- Cenovus will acquire the business for $12 per share in a $5.7 billion cash-and-share transaction, expected to close in December 2026.
- The Leismer expansion remains on budget and on schedule, targeting production of 40,000 barrels per day by year-end 2027.
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