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SOC (Sable Offshore) Shares Outstanding (Basic Average) : 62.17 Mil (As of Sep. 2024)


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What is Sable Offshore Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sable Offshore's average basic shares outstanding for the quarter that ended in Sep. 2024 was 62.17 Mil.


Sable Offshore Shares Outstanding (Basic Average) Historical Data

The historical data trend for Sable Offshore'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.

* Premium members only.

Sable Offshore Shares Outstanding (Basic Average) Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
- 31.61 35.94 18.06

Sable Offshore Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.29 13.29 - 60.17 62.17

Sable Offshore 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.


Sable Offshore  (NYSE:SOC) 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.


Sable Offshore Shares Outstanding (Basic Average) Related Terms

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Sable Offshore Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sable Offshore Corp (NYSE:SOC) » Definitions » Shares Outstanding (Basic Average)
Traded in Other Exchanges
N/A
Address
845 Texas Avenue, Suite 2900, Houston, TX, USA, 77002
Sable Offshore Corp is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Pilgrim Global Advisors Llc 10 percent owner 4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin 10 percent owner C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002