DPM (Desert Peak Minerals) Shares Outstanding (Basic Average): 10.00 Mil (As of Jun. 2021)


What is Desert Peak Minerals Shares Outstanding (Basic Average)?

Desert Peak Minerals DPM Shares Outstanding (Basic Average) is 10.00 Mil as of Jun. 2021.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Desert Peak Minerals's average basic shares outstanding for the quarter that ended in Jun. 2021 was 10.00 Mil.

Desert Peak Minerals  (NYSE:DPM) 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.

Desert Peak Minerals Shares Outstanding (Basic Average) Related Terms

Desert Peak Minerals Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Desert Peak Minerals'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.

Desert Peak Minerals Shares Outstanding (Basic Average) Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Shares Outstanding (Basic Average)
10.00 10.00

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Shares Outstanding (Basic Average) 10.00 10.00 10.00

Desert Peak Minerals 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 10.00 Mil mean?
Desert Peak Minerals (DPM) has a Shares Outstanding (Basic Average) of 10.00 Mil as of Jun. 2021. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Shares Outstanding (Basic Average) too high?
Desert Peak Minerals' current Shares Outstanding (Basic Average) is 10.00 Mil.
How does Desert Peak Minerals' Shares Outstanding (Basic Average) compare to ?
Desert Peak Minerals' Shares Outstanding (Basic Average) of 10.00 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 Desert Peak Minerals and its competitors. Desert Peak Minerals's current Shares Outstanding (Basic Average) is 10.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Peak Minerals stock overvalued right now?
Desert Peak Minerals (DPM) has a current Shares Outstanding (Basic Average) of 10.00 Mil. The current Shares Outstanding (Basic Average) is 10.00 Mil. 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 Desert Peak Minerals (DPM), the current Shares Outstanding (Basic Average) is 10.00 Mil as of Jun. 2021. 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.

Desert Peak Minerals Business Description

Industry EnergyOil & Gas
Comparable Companies
Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.