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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 BigJakeon Feb 29, 2024 5:46pm
134 Views
Post# 35907801

RE:shares outstanding 2023

RE:shares outstanding 2023
filefish wrote: One thing of concern to me is the amount of shares outstanding. How do you reconcile purchasing 44 mil shares in 2023 and having the diluted share count only drop by 3 mil from the start to the end of 2023.
Weighted average shares outstanding - diluted                    583,757,575       586,913,328  
 

I read fully diluted sharecount went from 605 million to 588 million, still I agree this bears watching 
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