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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Epsilon Energy's average diluted shares outstanding for the quarter that ended in Jun. 2026 was 30.42 Mil.
Epsilon Energy (NAS:EPSN) 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.
Epsilon Energy Shares Outstanding (Diluted Average) Related Terms
Epsilon Energy Shares Outstanding (Diluted Average) Historical Data
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The historical data trend for Epsilon Energy'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.
Epsilon Energy Shares Outstanding (Diluted Average) Chart
Epsilon Energy 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 30.42 Mil mean?
Epsilon Energy (EPSN) has a Shares Outstanding (Diluted Average) of 30.42 Mil as of Jun. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Epsilon Energy and its competitors.
Is Epsilon Energy's Shares Outstanding (Diluted Average) too high?
Epsilon Energy's current Shares Outstanding (Diluted Average) is 30.42 Mil. Overall, Epsilon Energy has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Epsilon Energy's Shares Outstanding (Diluted Average) compare to PED and AMPY?
Epsilon Energy's Shares Outstanding (Diluted Average) of 30.42 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 Epsilon Energy and its competitors. Epsilon Energy's current Shares Outstanding (Diluted Average) is 30.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epsilon Energy stock overvalued right now?
Based on GuruFocus' analysis, Epsilon Energy (EPSN) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.05, compared to a current price of $6.27 — trading 22.1% below its estimated fair value. The current Shares Outstanding (Diluted Average) is 30.42 Mil. Epsilon Energy's overall GF Score™ is 73/100 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 (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Epsilon Energy (EPSN), the current Shares Outstanding (Diluted Average) is 30.42 Mil as of Jun. 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 Epsilon Energy (EPSN) Overvalued in 2026?
Based on GuruFocus' analysis, Epsilon Energy stock appears to be undervalued.
The current stock price of $6.27 is trading 22.1% below its estimated GF Value™ of $8.05.
GuruFocus considers Epsilon Energy to be Modestly Undervalued.
Key valuation signals for EPSN:
Shares Outstanding (Diluted Average): 30.42 Mil
GF Value™: $8.05 vs. price of $6.27 (22.1% below fair value)
No single metric tells the full story. See the EPSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Epsilon Energy Ltd is a North American on-shore focused independent natural gas and oil company engaged in the acquisition, development, gathering and production of natural gas and oil reserves. Its properties include Appalachian Basin-Pennsylvania, Permian Basin-Texas and New Mexico, Anadarko Basin-Oklahoma, Powder River Basin-Wyoming, Western Canadian Sedimentary Basin-Alberta, Canada. Its segments include The Upstream segment activities include acquisition, development and production of natural gas and oil reserves on properties within the United States and Canada; and The Gas Gathering segment partners with two other companies to operate a natural gas gathering system. The Upstream segment derives the majority of the revenue.
73GF Score
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