Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Gibson Energy's shares outstanding for the quarter that ended in Mar. 2026 was 172 Mil.
Gibson Energy's quarterly shares outstanding
increased
from Dec. 2025 (164 Mil) to Mar. 2026 (172 Mil).
It means Gibson Energyissued new shares from Dec. 2025 to Mar. 2026 .
Gibson Energy's annual shares outstanding
increased
from Dec. 2024 (163 Mil) to Dec. 2025 (164 Mil).
It means Gibson Energyissued new shares from Dec. 2024 to Dec. 2025 .
Gibson Energy (TSX:GEI) 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.
Gibson Energy Shares Outstanding (EOP) Related Terms
Gibson Energy Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Gibson 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.
TSX:GEI vs WMB, EPD, KMI: Shares Outstanding (EOP) Comparison
For the Oil & Gas Midstream subindustry, Gibson 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.
Gibson Energy Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gibson Energy's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Gibson Energy's Shares Outstanding (EOP) falls into.
Gibson 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 172 Mil mean?
Gibson Energy (TSX:GEI) has a Shares Outstanding (EOP) of 172 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Gibson Energy and its competitors.
Is Gibson Energy's Shares Outstanding (EOP) too high?
Gibson Energy's current Shares Outstanding (EOP) is 172 Mil. Overall, Gibson Energy has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gibson Energy's Shares Outstanding (EOP) compare to WMB and EPD?
Gibson Energy's Shares Outstanding (EOP) of 172 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 Gibson Energy and its competitors. Gibson Energy's current Shares Outstanding (EOP) is 172 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gibson Energy stock overvalued right now?
Based on GuruFocus' analysis, Gibson Energy (TSX:GEI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.24, compared to a current price of C$29.53 — trading 45.9% above its estimated fair value. The current Shares Outstanding (EOP) is 172 Mil. Gibson Energy's overall GF Score™ is 68/100 with 10 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 Gibson Energy (TSX:GEI), the current Shares Outstanding (EOP) is 172 Mil as of Mar. 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.
Is Gibson Energy (TSX:GEI) Overvalued in 2026?
Based on GuruFocus' analysis, Gibson Energy stock appears to be overvalued.
The current stock price of C$29.53 is trading 45.9% above its estimated GF Value™ of C$20.24.
GuruFocus considers Gibson Energy to be Significantly Overvalued.
Key valuation signals for TSX:GEI:
Shares Outstanding (EOP): 172 Mil
GF Value™: C$20.24 vs. price of C$29.53 (45.9% above fair value)
No single metric tells the full story. See the TSX:GEI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gibson Energy Inc is an oil infrastructure company engaged in the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. The company's reportable segments are: Infrastructure and Marketing. The majority of its revenue is generated from the Marketing segment, which is involved in the purchasing, selling, storing, and optimizing of hydrocarbon products (such as crude oil, natural gas liquids, road asphalt, etc.) and marketing its refined products. The Marketing segment sources the majority of its hydrocarbon products from Western Canada as well as the Permian Basin and markets those products throughout Canada and the United States. Geographically, the company generates maximum revenue from Canada.
68GF Score
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