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MMEX ResourcesMMEX Shares Outstanding (EOP) is 22,173.40 Mil as of Apr. 2026. The stock has 4 warning signs investors should review.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. MMEX Resources's shares outstanding for the quarter that ended in Apr. 2026 was 22,173.40 Mil.
MMEX Resources's quarterly shares outstanding
declined
from Jan. 2026 (22,295.73 Mil) to Apr. 2026 (22,173.40 Mil).
It means MMEX Resourcesbought back shares from Jan. 2026 to Apr. 2026 .
MMEX Resources's annual shares outstanding
increased
from Apr. 2025 (11,340.98 Mil) to Apr. 2026 (18,544.42 Mil).
It means MMEX Resourcesissued new shares from Apr. 2025 to Apr. 2026 .
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.
MMEX Resources Shares Outstanding (EOP) Related Terms
MMEX Resources Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for MMEX Resources'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.
MMEX vs SODE, OFAL, MDLK: Shares Outstanding (EOP) Comparison
For the Engineering & Construction subindustry, MMEX Resources'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.
MMEX Resources Shares Outstanding (EOP) vs Construction Industry
For the Construction industry and Industrials sector, MMEX Resources's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where MMEX Resources's Shares Outstanding (EOP) falls into.
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 22,173.40 Mil mean?
MMEX Resources (MMEX) has a Shares Outstanding (EOP) of 22,173.40 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on MMEX Resources and its competitors.
Is MMEX Resources' Shares Outstanding (EOP) too high?
MMEX Resources' current Shares Outstanding (EOP) is 22,173.40 Mil.
How does MMEX Resources' Shares Outstanding (EOP) compare to SODE and OFAL?
MMEX Resources' Shares Outstanding (EOP) of 22,173.40 Mil can be compared against companies in the Construction 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 a Construction company?
A good Shares Outstanding (EOP) depends on the Construction 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 MMEX Resources and its competitors. MMEX Resources's current Shares Outstanding (EOP) is 22,173.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMEX Resources stock overvalued right now?
MMEX Resources (MMEX) has a current Shares Outstanding (EOP) of 22,173.40 Mil. The current Shares Outstanding (EOP) is 22,173.40 Mil. 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 MMEX Resources (MMEX), the current Shares Outstanding (EOP) is 22,173.40 Mil as of Apr. 2026. 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.
MMEX Resources Corp is a development-stage company formed to engage in energy industry infrastructure projects. The group is in the development phase of the Clean Fuels Refinery in Pecos County, Permian Basin, Texas.
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