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  5. ATH: On MarketCall, regarding oil sands companies, Eric Nuttall top picked MEG and Athabasca, while having some negative comments about Cenovus, particularly the negative EBITDA they are generating from... [Athabasca Oil Corporation]

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Q: On MarketCall, regarding oil sands companies, Eric Nuttall top picked MEG and Athabasca, while having some negative comments about Cenovus, particularly the negative EBITDA they are generating from their refining business. Would you sell a position in CVE and buy ATH or MEG instead?
Asked by Dan on March 13, 2025
5i Research Answer:
CVE is significantly larger than both, and pays a higher dividend (no dividend on ATH). Thus, we...
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