KDKN (Kodiak Energy) Shares Outstanding (EOP): 129.68 Mil (As of Sep. 2011)

Kodiak Energy  (OTCPK:KDKN) 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.

Kodiak Energy Shares Outstanding (EOP) Related Terms

The historical data trend for Kodiak 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.

Kodiak Energy Shares Outstanding (EOP) Chart

Kodiak Energy Annual Data
	Trend	Mar01	Mar02	Mar03	Mar04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Shares Outstanding (EOP)		Get a 7-Day Free Trial					106.69	106.69	110.02	110.41	119.68

Kodiak Energy Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Shares Outstanding (EOP)	Get a 7-Day Free Trial															110.41	119.68	129.68	129.68	129.68

KDKN vs CPPXF, PVAHQ: Shares Outstanding (EOP) Comparison

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

Kodiak Energy Shares Outstanding (EOP) vs Oil & Gas Industry

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

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

Kodiak 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.

Kodiak Energy Business Description