TUPRF (Tupras-Turkiye Petrol Rafineleri AS) Shares Outstanding (EOP): 1,927 Mil (As of Mar. 2026)


TUPRF Tupras-Turkiye Petrol Rafineleri AS TUPRF
80 GF Score
Price $3.46
GF Value $2.34
! 4 Warning Signs
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What is Tupras-Turkiye Petrol Rafineleri AS Shares Outstanding (EOP)?

Tupras-Turkiye Petrol Rafineleri AS TUPRF 80 Shares Outstanding (EOP) is 1,927 Mil as of Mar. 2026. GuruFocus rates TUPRF with a GF Score™ of 80/100 and a GF Value™ of $2.34. 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. Tupras-Turkiye Petrol Rafineleri AS's shares outstanding for the quarter that ended in Mar. 2026 was 1,927 Mil.

Tupras-Turkiye Petrol Rafineleri AS's quarterly shares outstanding stayed the same from Dec. 2025 (1,927 Mil) to Mar. 2026 (1,927 Mil).

Tupras-Turkiye Petrol Rafineleri AS's annual shares outstanding stayed the same from Dec. 2024 (1,927 Mil) to Dec. 2025 (1,927 Mil).


Tupras-Turkiye Petrol Rafineleri AS  (OTCPK:TUPRF) 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.


Tupras-Turkiye Petrol Rafineleri AS Shares Outstanding (EOP) Related Terms


Tupras-Turkiye Petrol Rafineleri AS Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Tupras-Turkiye Petrol Rafineleri AS'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.

Tupras-Turkiye Petrol Rafineleri AS Shares Outstanding (EOP) Chart

Tupras-Turkiye Petrol Rafineleri AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,752.93 1,926.80 1,926.80 1,926.80 1,926.80

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,926.80 1,926.80 1,926.80 1,926.80 1,926.80

TUPRF vs VLO, MPC, PSX: Shares Outstanding (EOP) Comparison

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS'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.


Tupras-Turkiye Petrol Rafineleri AS Shares Outstanding (EOP) vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Shares Outstanding (EOP) falls into.


TUPRF
80GF Score
Tupras-Turkiye Petrol Rafineleri AS TUPRF
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Tupras-Turkiye Petrol Rafineleri AS 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.

What does a Shares Outstanding (EOP) of 1,927 Mil mean?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a Shares Outstanding (EOP) of 1,927 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Tupras-Turkiye Petrol Rafineleri AS and its competitors.
Is Tupras-Turkiye Petrol Rafineleri AS's Shares Outstanding (EOP) too high?
Tupras-Turkiye Petrol Rafineleri AS's current Shares Outstanding (EOP) is 1,927 Mil. Overall, Tupras-Turkiye Petrol Rafineleri AS has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Tupras-Turkiye Petrol Rafineleri AS's Shares Outstanding (EOP) compare to VLO and MPC?
Tupras-Turkiye Petrol Rafineleri AS's Shares Outstanding (EOP) of 1,927 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 Tupras-Turkiye Petrol Rafineleri AS and its competitors. Tupras-Turkiye Petrol Rafineleri AS's current Shares Outstanding (EOP) is 1,927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tupras-Turkiye Petrol Rafineleri AS stock overvalued right now?
Tupras-Turkiye Petrol Rafineleri AS (TUPRF) has a current Shares Outstanding (EOP) of 1,927 Mil. The stock's GF Value™ is $2.34, compared to a current price of $3.46 — trading 48% above its estimated fair value. The current Shares Outstanding (EOP) is 1,927 Mil. Tupras-Turkiye Petrol Rafineleri AS's overall GF Score™ is 80/100 with 4 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 Tupras-Turkiye Petrol Rafineleri AS (TUPRF), the current Shares Outstanding (EOP) is 1,927 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 Tupras-Turkiye Petrol Rafineleri AS (TUPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tupras-Turkiye Petrol Rafineleri AS stock appears to be overvalued. The current stock price of $3.46 is trading 48% above its estimated GF Value™ of $2.34.

Key valuation signals for TUPRF:

  • Shares Outstanding (EOP): 1,927 Mil
  • GF Value™: $2.34 vs. price of $3.46 (48% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the TUPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tupras-Turkiye Petrol Rafineleri AS Business Description

Industry EnergyOil & Gas
Other Exchanges TUPRS:Turkey
Address Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.
80GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.46
Price
$2.34
GF Value