LNG Energy Group (FRA:E26) Shares Outstanding (Basic Average): 155.69 Mil (As of Sep. 2024)


What is LNG Energy Group Shares Outstanding (Basic Average)?

LNG Energy Group FRA:E26 Shares Outstanding (Basic Average) is 155.69 Mil as of Sep. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. LNG Energy Group's average basic shares outstanding for the quarter that ended in Sep. 2024 was 155.69 Mil.


LNG Energy Group  (FRA:E26) 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.


LNG Energy Group Shares Outstanding (Basic Average) Related Terms


LNG Energy Group Shares Outstanding (Basic Average) Historical Data

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The historical data trend for LNG Energy Group'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.

LNG Energy Group Shares Outstanding (Basic Average) Chart

LNG Energy Group Annual Data
Trend May22 May23
Shares Outstanding (Basic Average)
15.64 15.91

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial 19.66 19.66 155.53 155.53 155.69

LNG Energy Group 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 155.69 Mil mean?
LNG Energy Group (FRA:E26) has a Shares Outstanding (Basic Average) of 155.69 Mil as of Sep. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Shares Outstanding (Basic Average) too high?
LNG Energy Group's current Shares Outstanding (Basic Average) is 155.69 Mil.
How does LNG Energy Group's Shares Outstanding (Basic Average) compare to ALTX and CRCE?
LNG Energy Group's Shares Outstanding (Basic Average) of 155.69 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 LNG Energy Group and its competitors. LNG Energy Group's current Shares Outstanding (Basic Average) is 155.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (FRA:E26) has a current Shares Outstanding (Basic Average) of 155.69 Mil. The current Shares Outstanding (Basic Average) is 155.69 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 LNG Energy Group (FRA:E26), the current Shares Outstanding (Basic Average) is 155.69 Mil as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.