Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Tesla Exploration's shares outstanding for the quarter that ended in Mar. 2016 was 22.56 Mil.
Tesla Exploration's quarterly shares outstanding
increased
from Dec. 2015 (22.21 Mil) to Mar. 2016 (22.56 Mil).
It means Tesla Explorationissued new shares from Dec. 2015 to Mar. 2016 .
Tesla Exploration's annual shares outstanding
stayed the same
from Dec. 2014 (22.21 Mil) to Dec. 2015 (22.21 Mil).
Tesla Exploration (OTCPK:TXLZF) 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.
Tesla Exploration Shares Outstanding (EOP) Related Terms
Tesla Exploration Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Tesla Exploration'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.
TXLZF vs SES, DPDW, BAS: Shares Outstanding (EOP) Comparison
For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.
Tesla Exploration Shares Outstanding (EOP) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tesla Exploration's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Tesla Exploration's Shares Outstanding (EOP) falls into.
Tesla Exploration 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 22.56 Mil mean?
Tesla Exploration (TXLZF) has a Shares Outstanding (EOP) of 22.56 Mil as of Mar. 2016. The total shares a company has outstanding, at period-end. View historical data on Tesla Exploration and its competitors.
Is Tesla Exploration's Shares Outstanding (EOP) too high?
Tesla Exploration's current Shares Outstanding (EOP) is 22.56 Mil.
How does Tesla Exploration's Shares Outstanding (EOP) compare to SES and DPDW?
Tesla Exploration's Shares Outstanding (EOP) of 22.56 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 Tesla Exploration and its competitors. Tesla Exploration's current Shares Outstanding (EOP) is 22.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current Shares Outstanding (EOP) of 22.56 Mil. The current Shares Outstanding (EOP) is 22.56 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 Tesla Exploration (TXLZF), the current Shares Outstanding (EOP) is 22.56 Mil as of Mar. 2016. 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.
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.
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