PetroChina Co (FRA:PC6) Shares Outstanding (Basic Average): 183,076 Mil (As of Mar. 2026)


FRA:PC6 PetroChina Co Ltd FRA:PC6
44 GF Score
Price €0.99
GF Value €0.93
Valuation Fairly Valued
! 2 Warning Signs
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What is PetroChina Co Shares Outstanding (Basic Average)?

PetroChina Co FRA:PC6 -2.70% 44 Shares Outstanding (Basic Average) is 183,076 Mil as of Mar. 2026. GuruFocus rates FRA:PC6 with a GF Score™ of 44/100 and a GF Value™ of €0.93 (Fairly Valued). 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. PetroChina Co's average basic shares outstanding for the quarter that ended in Mar. 2026 was 183,076 Mil.


PetroChina Co  (FRA:PC6) 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.


PetroChina Co Shares Outstanding (Basic Average) Related Terms


PetroChina Co Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for PetroChina Co'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.

PetroChina Co Shares Outstanding (Basic Average) Chart

PetroChina Co 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 184,322.00 183,627.16 183,425.00 182,973.33 182,909.30

PetroChina Co 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 183,204.63 181,982.32 183,852.17 182,598.08 183,075.76
FRA:PC6
44GF Score
PetroChina Co Ltd FRA:PC6
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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PetroChina Co 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 183,076 Mil mean?
PetroChina Co (FRA:PC6) has a Shares Outstanding (Basic Average) of 183,076 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on PetroChina Co and its competitors.
Is PetroChina Co's Shares Outstanding (Basic Average) too high?
PetroChina Co's current Shares Outstanding (Basic Average) is 183,076 Mil. Overall, PetroChina Co has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Shares Outstanding (Basic Average) compare to XOM and CVX?
PetroChina Co's Shares Outstanding (Basic Average) of 183,076 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 PetroChina Co and its competitors. PetroChina Co's current Shares Outstanding (Basic Average) is 183,076 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroChina Co stock overvalued right now?
Based on GuruFocus' analysis, PetroChina Co (FRA:PC6) is currently considered Fairly Valued. The stock's GF Value™ is €0.93, compared to a current price of €0.99 — trading 6.7% above its estimated fair value. The current Shares Outstanding (Basic Average) is 183,076 Mil. PetroChina Co's overall GF Score™ is 44/100 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 PetroChina Co (FRA:PC6), the current Shares Outstanding (Basic Average) is 183,076 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 PetroChina Co (FRA:PC6) Overvalued in 2026?

Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued. The current stock price of €0.99 is trading 6.7% above its estimated GF Value™ of €0.93. GuruFocus considers PetroChina Co to be Fairly Valued.

Key valuation signals for FRA:PC6:

  • Shares Outstanding (Basic Average): 183,076 Mil
  • GF Value™: €0.93 vs. price of €0.99 (6.7% above fair value)
  • GF Score™: 44/100 with 2 warning signs

No single metric tells the full story. See the FRA:PC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PetroChina Co Business Description

Industry EnergyOil & Gas
Address No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2025, it produced more than 1.8 billion barrels of oil equivalent of oil and gas, and processed 1.4 billion barrels of crude oil. It also has more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 82%.
44GF Score

Get the complete analysis for FRA:PC6

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

€0.99
Price
€0.93
GF Value