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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

Post by MLEWICKIMBAon Dec 20, 2024 4:25am
227 Views
Post# 36371627

ATH Share Count

ATH Share Count Reember the pre refinancing days when the share count was 531M Shares.

Then with the warrants and tthe covid employee share incentives and management stock options the number was 600M ++

And then here we are today.

TMX:

Total Shares Outstanding (All Classes)
524,119,484

Listed Shares
528,000,000

BNN BL

528,110,000 

This means that in December (now) and the first six months of 2025 ATH will go SUB 500M to 499,999,000...

ATH IS UNDERVALUED BY 20% today.

ML
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