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Secure Energy Services (TSX:SES) Shares Outstanding (EOP) : 279 Mil (As of Mar. 2024)


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What is Secure Energy Services Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Secure Energy Services's shares outstanding for the quarter that ended in Mar. 2024 was 279 Mil.

Secure Energy Services's quarterly shares outstanding declined from Dec. 2023 (288 Mil) to Mar. 2024 (279 Mil). It means Secure Energy Services bought back shares from Dec. 2023 to Mar. 2024 .

Secure Energy Services's annual shares outstanding declined from Dec. 2022 (309 Mil) to Dec. 2023 (288 Mil). It means Secure Energy Services bought back shares from Dec. 2022 to Dec. 2023 .


Secure Energy Services Shares Outstanding (EOP) Historical Data

The historical data trend for Secure Energy Services's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Secure Energy Services Shares Outstanding (EOP) Chart

Secure Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.46 158.70 308.16 309.38 287.63

Secure Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 300.82 293.63 289.07 287.63 279.07

Competitive Comparison of Secure Energy Services's Shares Outstanding (EOP)

For the Waste Management subindustry, Secure Energy Services's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Secure Energy Services's Shares Outstanding (EOP) Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Secure Energy Services's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Secure Energy Services's Shares Outstanding (EOP) falls into.



Secure Energy Services Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Secure Energy Services  (TSX:SES) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Secure Energy Services Shares Outstanding (EOP) Related Terms

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Secure Energy Services (TSX:SES) Business Description

Traded in Other Exchanges
Address
2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2
Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.