EONR (EON Resources) Shares Outstanding (Basic Average): 38.07 Mil (As of Sep. 2025)


EONR EON Resources Inc EONR
32 GF Score
Price $0.48
GF Value $0.38
Valuation Modestly Overvalued
! 2 Warning Signs
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What is EON Resources Shares Outstanding (Basic Average)?

EON Resources EONR +1.06% 32 Shares Outstanding (Basic Average) is 38.07 Mil as of Sep. 2025. GuruFocus rates EONR with a GF Score™ of 32/100 and a GF Value™ of $0.38 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. EON Resources's average basic shares outstanding for the quarter that ended in Sep. 2025 was 38.07 Mil.


EON Resources  (AMEX:EONR) 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.


EON Resources Shares Outstanding (Basic Average) Related Terms


EON Resources Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for EON Resources'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.

EON Resources Shares Outstanding (Basic Average) Chart

EON Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Shares Outstanding (Basic Average)
0.00 11.63 11.63 0.00 6.48

EON Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 5.73 9.46 15.34 22.58 38.07
EONR
32GF Score
EON Resources Inc EONR
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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EON Resources 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 38.07 Mil mean?
EON Resources (EONR) has a Shares Outstanding (Basic Average) of 38.07 Mil as of Sep. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on EON Resources and its competitors.
Is EON Resources' Shares Outstanding (Basic Average) too high?
EON Resources' current Shares Outstanding (Basic Average) is 38.07 Mil. Overall, EON Resources has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EON Resources' Shares Outstanding (Basic Average) compare to SPND and BATL?
EON Resources' Shares Outstanding (Basic Average) of 38.07 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 EON Resources and its competitors. EON Resources's current Shares Outstanding (Basic Average) is 38.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EON Resources stock overvalued right now?
Based on GuruFocus' analysis, EON Resources (EONR) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.38, compared to a current price of $0.48 — trading 25% above its estimated fair value. The current Shares Outstanding (Basic Average) is 38.07 Mil. EON Resources' overall GF Score™ is 32/100 with 2 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 EON Resources (EONR), the current Shares Outstanding (Basic Average) is 38.07 Mil as of Sep. 2025. 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 EON Resources (EONR) Overvalued in 2026?

Based on GuruFocus' analysis, EON Resources stock appears to be overvalued. The current stock price of $0.48 is trading 25% above its estimated GF Value™ of $0.38. GuruFocus considers EON Resources to be Modestly Overvalued.

Key valuation signals for EONR:

  • Shares Outstanding (Basic Average): 38.07 Mil
  • GF Value™: $0.38 vs. price of $0.48 (25% above fair value)
  • GF Score™: 32/100 with 2 warning signs

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


EON Resources Business Description

Industry EnergyOil & Gas
Address 3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098
EON Resources Inc is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in the United States. Its current focus is as an upstream energy company producing oil and gas properties in the Permian Basin.
32GF Score

Get the complete analysis for EONR

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

$0.48
Price
$0.38
GF Value