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Strike Energy (ASX:STX) Shares Outstanding (EOP) : 2,860.77 Mil (As of Jun. 2024)


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What is Strike Energy Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Strike Energy's shares outstanding for the quarter that ended in Jun. 2024 was 2,860.77 Mil.

Strike Energy's quarterly shares outstanding declined from Dec. 2023 (2,862.23 Mil) to Jun. 2024 (2,860.77 Mil). It means Strike Energy bought back shares from Dec. 2023 to Jun. 2024 .

Strike Energy's annual shares outstanding increased from Jun. 2023 (2,531.55 Mil) to Jun. 2024 (2,860.77 Mil). It means Strike Energy issued new shares from Jun. 2023 to Jun. 2024 .


Strike Energy Shares Outstanding (EOP) Historical Data

The historical data trend for Strike 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.

* Premium members only.

Strike Energy Shares Outstanding (EOP) Chart

Strike Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,706.25 2,016.12 2,037.70 2,531.55 2,860.77

Strike Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2,037.70 2,223.93 2,531.55 2,862.23 2,860.77

Competitive Comparison of Strike Energy's Shares Outstanding (EOP)

For the Oil & Gas E&P subindustry, Strike 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.


Strike Energy's Shares Outstanding (EOP) Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strike Energy's Shares Outstanding (EOP) distribution charts can be found below:

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



Strike 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.

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.


Strike Energy  (ASX:STX) 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.


Strike Energy Shares Outstanding (EOP) Related Terms

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Strike Energy Business Description

Industry
Traded in Other Exchanges
Address
40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.