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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Eastern Gas's average diluted shares outstanding for the quarter that ended in Dec. 2025 was 62.50 Mil.
Eastern Gas (ASX:EGA) Shares Outstanding (Diluted 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.
Eastern Gas Shares Outstanding (Diluted Average) Related Terms
Eastern Gas Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for Eastern Gas's Shares Outstanding (Diluted 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.
Eastern Gas Shares Outstanding (Diluted Average) Chart
Eastern Gas Shares Outstanding (Diluted 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 (Diluted Average) of 62.50 Mil mean?
Eastern Gas (ASX:EGA) has a Shares Outstanding (Diluted Average) of 62.50 Mil as of Dec. 2025. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Eastern Gas and its competitors.
Is Eastern Gas' Shares Outstanding (Diluted Average) too high?
Eastern Gas' current Shares Outstanding (Diluted Average) is 62.50 Mil. Overall, Eastern Gas has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Gas' Shares Outstanding (Diluted Average) compare to COP and EOG?
Eastern Gas' Shares Outstanding (Diluted Average) of 62.50 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 (Diluted Average) for an Oil & Gas company?
A good Shares Outstanding (Diluted Average) depends on the Oil & Gas industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Eastern Gas and its competitors. Eastern Gas's current Shares Outstanding (Diluted Average) is 62.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Gas stock overvalued right now?
Eastern Gas (ASX:EGA) has a current Shares Outstanding (Diluted Average) of 62.50 Mil. The current Shares Outstanding (Diluted Average) is 62.50 Mil. Eastern Gas' overall GF Score™ is 1/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Eastern Gas (ASX:EGA), the current Shares Outstanding (Diluted Average) is 62.50 Mil as of Dec. 2025. 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.
Eastern Gas Corp Ltd is an natural gas exploration company. The company provides energy security and a reliable source of power and projects of the company includes Project Venus in Surat Basin and Project Windorah in Cooper Basin.
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