Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Indonesia Energy's shares outstanding for the quarter that ended in Dec. 2025 was 14.99 Mil.
Indonesia Energy's quarterly shares outstanding
stayed the same
from Jun. 2025 (14.99 Mil) to Dec. 2025 (14.99 Mil).
Indonesia Energy's annual shares outstanding
increased
from Dec. 2024 (13.60 Mil) to Dec. 2025 (14.99 Mil).
It means Indonesia Energyissued new shares from Dec. 2024 to Dec. 2025 .
Indonesia Energy (AMEX:INDO) 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.
Indonesia Energy Shares Outstanding (EOP) Related Terms
Indonesia Energy Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Indonesia 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.
INDO vs VOC, RSRV, CRT: Shares Outstanding (EOP) Comparison
For the Oil & Gas E&P subindustry, Indonesia 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.
Indonesia Energy Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indonesia Energy's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Indonesia Energy's Shares Outstanding (EOP) falls into.
Indonesia 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 14.99 Mil mean?
Indonesia Energy (INDO) has a Shares Outstanding (EOP) of 14.99 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Indonesia Energy and its competitors.
Is Indonesia Energy's Shares Outstanding (EOP) too high?
Indonesia Energy's current Shares Outstanding (EOP) is 14.99 Mil. Overall, Indonesia Energy has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indonesia Energy's Shares Outstanding (EOP) compare to VOC and RSRV?
Indonesia Energy's Shares Outstanding (EOP) of 14.99 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 Indonesia Energy and its competitors. Indonesia Energy's current Shares Outstanding (EOP) is 14.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indonesia Energy stock overvalued right now?
Based on GuruFocus' analysis, Indonesia Energy (INDO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.29, compared to a current price of $2.80 — trading 116.7% above its estimated fair value. The current Shares Outstanding (EOP) is 14.99 Mil. Indonesia Energy's overall GF Score™ is 50/100 with 3 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 Indonesia Energy (INDO), the current Shares Outstanding (EOP) is 14.99 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 Indonesia Energy (INDO) Overvalued in 2026?
Based on GuruFocus' analysis, Indonesia Energy stock appears to be overvalued.
The current stock price of $2.80 is trading 116.7% above its estimated GF Value™ of $1.29.
GuruFocus considers Indonesia Energy to be Significantly Overvalued.
Key valuation signals for INDO:
Shares Outstanding (EOP): 14.99 Mil
GF Value™: $1.29 vs. price of $2.80 (116.7% above fair value)
No single metric tells the full story. See the INDO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. The company is an independent energy company engaged in the oil and gas business and holds two oil and gas assets through its subsidiaries in Indonesia: The Kruh Block and the Citarum Block. It has also identified a potential third exploration block known as the Rangkas area. . Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.
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