Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Karoon Energy's shares outstanding for the quarter that ended in Dec. 2025 was 722.1 Mil.
Karoon Energy's quarterly shares outstanding
declined
from Jun. 2025 (735.6 Mil) to Dec. 2025 (722.1 Mil).
It means Karoon Energybought back shares from Jun. 2025 to Dec. 2025 .
Karoon Energy's annual shares outstanding
declined
from Dec. 2024 (764.4 Mil) to Dec. 2025 (722.1 Mil).
It means Karoon Energybought back shares from Dec. 2024 to Dec. 2025 .
Karoon Energy (ASX:KAR) 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.
Karoon Energy Shares Outstanding (EOP) Related Terms
Karoon Energy Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Karoon Energy'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.
ASX:KAR vs COP, EOG, FANG: Shares Outstanding (EOP) Comparison
For the Oil & Gas E&P subindustry, Karoon Energy'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.
Karoon Energy Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Karoon Energy's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Karoon Energy's Shares Outstanding (EOP) falls into.
Karoon Energy 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.
What does a Shares Outstanding (EOP) of 722.1 Mil mean?
Karoon Energy (ASX:KAR) has a Shares Outstanding (EOP) of 722.1 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Karoon Energy and its competitors.
Is Karoon Energy's Shares Outstanding (EOP) too high?
Karoon Energy's current Shares Outstanding (EOP) is 722.1 Mil. Overall, Karoon Energy has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Karoon Energy's Shares Outstanding (EOP) compare to COP and EOG?
Karoon Energy's Shares Outstanding (EOP) of 722.1 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for an Oil & Gas company?
A good Shares Outstanding (EOP) depends on the Oil & Gas industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Karoon Energy and its competitors. Karoon Energy's current Shares Outstanding (EOP) is 722.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karoon Energy stock overvalued right now?
Based on GuruFocus' analysis, Karoon Energy (ASX:KAR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.64, compared to a current price of A$1.38 — trading 16.2% below its estimated fair value. The current Shares Outstanding (EOP) is 722.1 Mil. Karoon Energy's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Karoon Energy (ASX:KAR), the current Shares Outstanding (EOP) is 722.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Karoon Energy (ASX:KAR) Overvalued in 2026?
Based on GuruFocus' analysis, Karoon Energy stock appears to be undervalued.
The current stock price of A$1.38 is trading 16.2% below its estimated GF Value™ of A$1.64.
GuruFocus considers Karoon Energy to be Modestly Undervalued.
Key valuation signals for ASX:KAR:
Shares Outstanding (EOP): 722.1 Mil
GF Value™: A$1.64 vs. price of A$1.38 (16.2% below fair value)
No single metric tells the full story. See the ASX:KAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karoon produces around 8 million barrels of oil equivalent annually from its wholly owned Baúna field in Brazil's offshore Santos Basin and around 3.5 mmboe from 30% owned Who Dat in the US Gulf. The company acquired Baúna from Petrobras in 2020 and steadily increased production via well interventions and new developments. Field life is approaching six years based on proven and probable reserves of 46 million barrels at the end of December 2025, though this excludes a further 140 million barrels in 2C contingent resources that have the potential to increase life further. We credit a life of more than 10 years, assuming conversion of some 2C contingent resources into the reserve category with drilling. There are also prospective untested targets within Karoon's permits.
59GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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