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Empire Petroleum (STU:6W8) Shares Outstanding (EOP) : 33.67 Mil (As of Dec. 2024)


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What is Empire Petroleum Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Empire Petroleum's shares outstanding for the quarter that ended in Dec. 2024 was 33.67 Mil.

Empire Petroleum's quarterly shares outstanding increased from Sep. 2024 (31.68 Mil) to Dec. 2024 (33.67 Mil). It means Empire Petroleum issued new shares from Sep. 2024 to Dec. 2024 .

Empire Petroleum's annual shares outstanding increased from Dec. 2023 (25.98 Mil) to Dec. 2024 (33.67 Mil). It means Empire Petroleum issued new shares from Dec. 2023 to Dec. 2024 .


Empire Petroleum Shares Outstanding (EOP) Historical Data

The historical data trend for Empire Petroleum'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.

Empire Petroleum Shares Outstanding (EOP) Chart

Empire Petroleum Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.34 20.21 22.50 25.98 33.67

Empire Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.98 25.64 31.39 31.68 33.67

Competitive Comparison of Empire Petroleum's Shares Outstanding (EOP)

For the Oil & Gas E&P subindustry, Empire Petroleum'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.


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

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

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


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Empire Petroleum 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.


Empire Petroleum  (STU:6W8) 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.


Empire Petroleum Shares Outstanding (EOP) Related Terms

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


Empire Petroleum Business Description

Traded in Other Exchanges
Address
2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.

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