GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (BSP:E1CO34) » Definitions » Shares Outstanding (EOP)

Ecopetrol (BSP:E1CO34) Shares Outstanding (EOP) : 4,112 Mil (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ecopetrol Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ecopetrol's shares outstanding for the quarter that ended in Sep. 2024 was 4,112 Mil.

Ecopetrol's quarterly shares outstanding stayed the same from Jun. 2024 (4,112 Mil) to Sep. 2024 (4,112 Mil).

Ecopetrol's annual shares outstanding stayed the same from Dec. 2022 (4,112 Mil) to Dec. 2023 (4,112 Mil).


Ecopetrol Shares Outstanding (EOP) Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Shares Outstanding (EOP) Chart

Ecopetrol 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 4,111.67 4,111.67 4,111.67 4,111.67 4,111.67

Ecopetrol Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4,111.67 4,111.67 4,111.67 4,111.67 4,111.67

Competitive Comparison of Ecopetrol's Shares Outstanding (EOP)

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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



Ecopetrol 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.


Ecopetrol  (BSP:E1CO34) 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.


Ecopetrol Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Ecopetrol's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecopetrol Business Description

Industry
Traded in Other Exchanges
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Refining and Petrochemical segment.

Ecopetrol Headlines

No Headlines