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Pure Acquisition (Pure Acquisition) Shares Outstanding (Diluted Average) : 31.84 Mil (As of Jun. 2020)


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What is Pure Acquisition Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Pure Acquisition's average diluted shares outstanding for the quarter that ended in Jun. 2020 was 31.84 Mil.


Pure Acquisition Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Pure Acquisition's Shares Outstanding (Diluted Average) 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.

Pure Acquisition Shares Outstanding (Diluted Average) Chart

Pure Acquisition Annual Data
Trend Dec17 Dec18 Dec19
Shares Outstanding (Diluted Average)
- 51.75 50.93

Pure Acquisition Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.75 51.75 48.48 47.17 31.84

Pure Acquisition Shares Outstanding (Diluted Average) 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 exact time point. 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.


Pure Acquisition  (NAS:PACQ) Shares Outstanding (Diluted Average) 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.


Be Aware

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.


Pure Acquisition Shares Outstanding (Diluted Average) Related Terms

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Pure Acquisition (Pure Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
421 West 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
Website
Pure Acquisition Corp is a blank check company. The firm intends to focus its search for a target business in the energy industry, including the upstream oil and gas industry in North America.

Pure Acquisition (Pure Acquisition) Headlines

From GuruFocus

Pure Acquisition Corp. Names Michael L. Hollis as President

By GlobeNewswire GlobeNewswire 12-09-2019

Pure Acquisition Corp. Announces Business Combination Transaction

By Marketwired Marketwired 05-04-2020