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flag Athabasca Oil shares fell 9.7% on Jan. 8, 2026, after reporting quarterly earnings and revenue, despite insider buying and a hold rating.

flag Athabasca Oil (TSE:ATH) shares dropped 9.7% to C$6.45 on January 8, 2026, on heavy volume, following a quarterly earnings report showing C$0.14 earnings per share and C$321.09 million in revenue. flag The company, focused on light and thermal oil production in Alberta, has a market cap of C$3.12 billion and a P/E ratio of 7.37. flag Insiders bought 2.08 million shares worth C$13.8 million in the past three months, with a significant purchase of 129,800 shares on October 31. flag Analysts maintain a "Hold" rating with a C$7.04 target.

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