Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. TotalEnergies Marketing Nigeria's shares outstanding for the quarter that ended in Dec. 2025 was 340 Mil.
TotalEnergies Marketing Nigeria's quarterly shares outstanding
stayed the same
from Sep. 2025 (340 Mil) to Dec. 2025 (340 Mil).
TotalEnergies Marketing Nigeria's annual shares outstanding
stayed the same
from Dec. 2024 (340 Mil) to Dec. 2025 (340 Mil).
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.
TotalEnergies Marketing Nigeria Shares Outstanding (EOP) Related Terms
TotalEnergies Marketing Nigeria Shares Outstanding (EOP) Historical Data
* 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.
NSA:TOTL vs VLO, MPC, PSX: Shares Outstanding (EOP) Comparison
For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Nigeria'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.
TotalEnergies Marketing Nigeria Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TotalEnergies Marketing Nigeria's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where TotalEnergies Marketing Nigeria'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 340 Mil mean?
TotalEnergies Marketing Nigeria (NSA:TOTL) has a Shares Outstanding (EOP) of 340 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on TotalEnergies Marketing Nigeria and its competitors.
Is TotalEnergies Marketing Nigeria's Shares Outstanding (EOP) too high?
TotalEnergies Marketing Nigeria's current Shares Outstanding (EOP) is 340 Mil. Overall, TotalEnergies Marketing Nigeria has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies Marketing Nigeria's Shares Outstanding (EOP) compare to VLO and MPC?
TotalEnergies Marketing Nigeria's Shares Outstanding (EOP) of 340 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 TotalEnergies Marketing Nigeria and its competitors. TotalEnergies Marketing Nigeria's current Shares Outstanding (EOP) is 340 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies Marketing Nigeria stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria (NSA:TOTL) is currently considered Fairly Valued. The stock's GF Value™ is ₦581.85, compared to a current price of ₦640.00 — trading 10% above its estimated fair value. The current Shares Outstanding (EOP) is 340 Mil. TotalEnergies Marketing Nigeria's overall GF Score™ is 68/100 with 5 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 TotalEnergies Marketing Nigeria (NSA:TOTL), the current Shares Outstanding (EOP) is 340 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 TotalEnergies Marketing Nigeria (NSA:TOTL) Overvalued in 2026?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria stock appears to be overvalued.
The current stock price of ₦640.00 is trading 10% above its estimated GF Value™ of ₦581.85.
GuruFocus considers TotalEnergies Marketing Nigeria to be Fairly Valued.
Key valuation signals for NSA:TOTL:
Shares Outstanding (EOP): 340 Mil
GF Value™: ₦581.85 vs. price of ₦640.00 (10% above fair value)
No single metric tells the full story. See the NSA:TOTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TotalEnergies Marketing Nigeria Business Description
TotalEnergies Marketing Nigeria PLC is engaged in the marketing and distribution of petroleum products. Its operating segment includes the Network segment, which includes sales to service stations. The General Trade segment is engaged in sales to corporate customers, excluding customers in the aviation industry. Its Aviation segment is engaged in sales to customers in the aviation industry. The company generates maximum revenue from the Network segment. Geographically, it derives a majority of revenue from Nigeria. Its product categories include Motorcycle Lubricants, Engine Oil for Cars, Engine Oils for Heavy-Duty Engines, and Other Lubricants.
68GF Score
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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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