Aradel Holdings (NSA:ARADEL) Shares Outstanding (Basic Average): 4,345 Mil (As of Mar. 2026)


NSA:ARADEL Aradel Holdings PLC NSA:ARADEL
16 GF Score
Price ₦1,275.80
! 7 Warning Signs
View Full Analysis

What is Aradel Holdings Shares Outstanding (Basic Average)?

Aradel Holdings NSA:ARADEL 16 Shares Outstanding (Basic Average) is 4,345 Mil as of Mar. 2026. GuruFocus rates NSA:ARADEL with a GF Score™ of 16/100. The stock has 7 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Aradel Holdings's average basic shares outstanding for the quarter that ended in Mar. 2026 was 4,345 Mil.


Aradel Holdings  (NSA:ARADEL) 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.


Aradel Holdings Shares Outstanding (Basic Average) Related Terms


Aradel Holdings Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Aradel Holdings'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.

Aradel Holdings Shares Outstanding (Basic Average) Chart

Aradel Holdings Annual Data
Trend Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
4,344.84 4,344.84 4,344.84

Aradel Holdings Quarterly Data
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 4,344.84 4,344.84 4,344.84 4,344.84 4,344.84
NSA:ARADEL
16GF Score
Aradel Holdings PLC NSA:ARADEL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aradel Holdings 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 4,345 Mil mean?
Aradel Holdings (NSA:ARADEL) has a Shares Outstanding (Basic Average) of 4,345 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Aradel Holdings and its competitors.
Is Aradel Holdings' Shares Outstanding (Basic Average) too high?
Aradel Holdings' current Shares Outstanding (Basic Average) is 4,345 Mil. Overall, Aradel Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Aradel Holdings' Shares Outstanding (Basic Average) compare to XOM and CVX?
Aradel Holdings' Shares Outstanding (Basic Average) of 4,345 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 Aradel Holdings and its competitors. Aradel Holdings's current Shares Outstanding (Basic Average) is 4,345 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aradel Holdings stock overvalued right now?
Aradel Holdings (NSA:ARADEL) has a current Shares Outstanding (Basic Average) of 4,345 Mil. The current Shares Outstanding (Basic Average) is 4,345 Mil. Aradel Holdings' overall GF Score™ is 16/100 with 7 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 Aradel Holdings (NSA:ARADEL), the current Shares Outstanding (Basic Average) is 4,345 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.

Aradel Holdings Business Description

Industry EnergyOil & Gas
Address 15 Babatunde Jose Road, Victoria Island, Lagos, NGA
Aradel Holdings PLC is an indigenous energy company in Nigeria. It engaged in the upstream, midstream, and downstream value chain of the oil and gas industry. Its operations include Energy Transition and Renewable Energy. The group's assets are OML 54, OML 53, OML 34, and OPL 227. The group's operations cover four segments: Crude Oil, Gas, Refinery & Investment Properties. The maximum revenue is from Crude Oil.
16GF Score

Get the complete analysis for NSA:ARADEL

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

₦1,275.80
Price