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Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.


TSX:ATH - Post by User

Comment by Maxmoeon Jun 07, 2022 12:14am
230 Views
Post# 34736018

RE:Indices

RE:IndicesThey aren't "on" the index, they are "in" the index. The tsx index is a basket of stocks that represent the larger, liquid companies that trade ON the tsx. Now you get it? Is it easier to think of the Dow Jones industrial average? There are only 30 stocks that make up the Dow Jones you see quoted as up or down 200 points. It's probably the oldest, most followed stock index there is. But it's not a stock exchange like the Toronto stock exchange. It's just another baffling example of how difficult the English language can be especially when it concerns technical jargon. The fact you struggle understanding the difference between an exchange(tsx) and an index(also tsx) is but one example of how your knowledge comes up a little short and I warn you for your own sake, to not rely solely on your existing understanding of investing. I'm just a grumpy old schmuck trying to help you out. Now go to bed or you're grounded.
smallcaptdr wrote: The truth is that I never look to see if any stocks that I'm trading are on the TSX Indices, I only trade on the TSX-V and TSX and the only thing that I care about when I'm picking stocks are that they have lots cash and revenues for the most part then I look into their trading volume and outstanding shares but I never look to see if they're on the indices. JMHO


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