BlueNord ASA (CHIX:BNORO) Shares Outstanding (Basic Average): 26 Mil (As of Mar. 2026)


CHIX:BNORO BlueNord ASA CHIX:BNORO
69 GF Score
Price kr533.50
GF Value kr815.90
Valuation Possible Value Trap
! 3 Warning Signs
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What is BlueNord ASA Shares Outstanding (Basic Average)?

BlueNord ASA CHIX:BNORO 69 Shares Outstanding (Basic Average) is 26 Mil as of Mar. 2026. GuruFocus rates CHIX:BNORO with a GF Score™ of 69/100 and a GF Value™ of kr815.90 (Possible Value Trap). The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. BlueNord ASA's average basic shares outstanding for the quarter that ended in Mar. 2026 was 26 Mil.


BlueNord ASA  (CHIX:BNORo) Shares Outstanding (Basic Average) 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.


Be Aware

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.


BlueNord ASA Shares Outstanding (Basic Average) Related Terms


BlueNord ASA Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for BlueNord ASA's Shares Outstanding (Basic Average) 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.

BlueNord ASA Shares Outstanding (Basic Average) Chart

BlueNord ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.11 25.00 26.04 26.32 26.10

BlueNord ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) 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 26.50 26.50 25.83 25.57 25.57
CHIX:BNORO
69GF Score
BlueNord ASA CHIX:BNORO
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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BlueNord ASA Shares Outstanding (Basic Average) 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 exact time point. 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 (Basic Average) of 26 Mil mean?
BlueNord ASA (CHIX:BNORO) has a Shares Outstanding (Basic Average) of 26 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BlueNord ASA and its competitors.
Is BlueNord ASA's Shares Outstanding (Basic Average) too high?
BlueNord ASA's current Shares Outstanding (Basic Average) is 26 Mil. Overall, BlueNord ASA has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlueNord ASA's Shares Outstanding (Basic Average) compare to COP and EOG?
BlueNord ASA's Shares Outstanding (Basic Average) of 26 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 (Basic Average) for an Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas industry context. However, Shares Outstanding (Basic Average) 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 (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on BlueNord ASA and its competitors. BlueNord ASA's current Shares Outstanding (Basic Average) is 26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueNord ASA stock overvalued right now?
Based on GuruFocus' analysis, BlueNord ASA (CHIX:BNORO) is currently considered Possible Value Trap. The stock's GF Value™ is kr815.90, compared to a current price of kr533.50 — trading 34.6% below its estimated fair value. The current Shares Outstanding (Basic Average) is 26 Mil. BlueNord ASA's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For BlueNord ASA (CHIX:BNORO), the current Shares Outstanding (Basic Average) is 26 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 BlueNord ASA (CHIX:BNORO) Overvalued in 2026?

Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued. The current stock price of kr533.50 is trading 34.6% below its estimated GF Value™ of kr815.90. GuruFocus considers BlueNord ASA to be Possible Value Trap.

Key valuation signals for CHIX:BNORO:

  • Shares Outstanding (Basic Average): 26 Mil
  • GF Value™: kr815.90 vs. price of kr533.50 (34.6% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


BlueNord ASA Business Description

Industry EnergyOil & Gas
Address Nedre Vollgate 3, Oslo, NOR, 0158
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
69GF Score

Get the complete analysis for CHIX:BNORO

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

kr533.50
Price
kr815.90
GF Value