Athabasca Oil Corporation Q3 Revenue Rises 38.3% to $461.04 Million

Athabasca Oil Corporation generated $461.04 million in revenue for its third quarter, a 38.3% increase from a year earlier, while adjusted funds flow reached $0.33 per basic share.

Cenovus Energy agreed to acquire Athabasca at a 14% premium to its recent average price. The deal was included in an earlier roundup of energy transactions.