Oman Chlorine CoOG (MUS:OCHL) Shares Outstanding (Basic Average): 71.51 Mil (As of Dec. 2018)


What is Oman Chlorine CoOG Shares Outstanding (Basic Average)?

Oman Chlorine CoOG MUS:OCHL Shares Outstanding (Basic Average) is 71.51 Mil as of Dec. 2018.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Oman Chlorine CoOG's average basic shares outstanding for the quarter that ended in Dec. 2018 was 71.51 Mil.


Oman Chlorine CoOG  (MUS:OCHL) 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.


Oman Chlorine CoOG Shares Outstanding (Basic Average) Related Terms


Oman Chlorine CoOG Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Oman Chlorine CoOG'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.

Oman Chlorine CoOG Shares Outstanding (Basic Average) Chart

Oman Chlorine CoOG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.51 71.51 71.51 71.51 71.51

Oman Chlorine CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18
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 71.63 76.65 72.89 71.51 71.51

Oman Chlorine CoOG 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 71.51 Mil mean?
Oman Chlorine CoOG (MUS:OCHL) has a Shares Outstanding (Basic Average) of 71.51 Mil as of Dec. 2018. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Oman Chlorine CoOG and its competitors.
Is Oman Chlorine CoOG's Shares Outstanding (Basic Average) too high?
Oman Chlorine CoOG's current Shares Outstanding (Basic Average) is 71.51 Mil.
How does Oman Chlorine CoOG's Shares Outstanding (Basic Average) compare to competitors?
Oman Chlorine CoOG's Shares Outstanding (Basic Average) of 71.51 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Shares Outstanding (Basic Average) depends on the Chemicals 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 Oman Chlorine CoOG and its competitors. Oman Chlorine CoOG's current Shares Outstanding (Basic Average) is 71.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Chlorine CoOG stock overvalued right now?
Oman Chlorine CoOG (MUS:OCHL) has a current Shares Outstanding (Basic Average) of 71.51 Mil. The current Shares Outstanding (Basic Average) is 71.51 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 Oman Chlorine CoOG (MUS:OCHL), the current Shares Outstanding (Basic Average) is 71.51 Mil as of Dec. 2018. 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.

Oman Chlorine CoOG Business Description

Address Al Bashaar Street, Bldg No. 708, Way No. 2114, Madinat Sulatan Qaboos, Muscat, OMN
Oman Chlorine Co SAOG manufactures and sells industrial chemicals. The company focuses on manufacturing Hydrochloric Acid, Caustic Lye, Calcium Chloride, and Sodium Hypochlorite. Hydrochloric acid is mainly supplied to oil producers in the Gulf market. The caustic is used in desalination plants and refineries. Sodium Hypochlorite is used mainly in water treatment applications. Calcium Chloride is used in establishing and maintaining oil and gas wells. The company generates the majority of its revenue from Oman. The firm also exports its products to the United Arab Emirates and Saudi Arabia.