VYEY (Victory Oilfield Tech) Shares Outstanding (Diluted Average): 530.70 Mil (As of Sep. 2024)

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What is Victory Oilfield Tech Shares Outstanding (Diluted Average)?

Victory Oilfield Tech VYEY Shares Outstanding (Diluted Average) is 530.70 Mil as of Sep. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Victory Oilfield Tech's average diluted shares outstanding for the quarter that ended in Sep. 2024 was 530.70 Mil.

Victory Oilfield Tech  (OTCPK:VYEY) 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.

Victory Oilfield Tech Shares Outstanding (Diluted Average) Related Terms

Victory Oilfield Tech Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Victory Oilfield Tech'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.

Victory Oilfield Tech Shares Outstanding (Diluted Average) Chart

Victory Oilfield Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.04 28.04 28.04 28.04 28.13

Victory Oilfield Tech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Shares Outstanding (Diluted 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 418.82 418.82 522.69 530.70 530.70

Victory Oilfield Tech 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 530.70 Mil mean?
Victory Oilfield Tech (VYEY) has a Shares Outstanding (Diluted Average) of 530.70 Mil as of Sep. 2024. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Victory Oilfield Tech and its competitors.
Is Victory Oilfield Tech's Shares Outstanding (Diluted Average) too high?
Victory Oilfield Tech's current Shares Outstanding (Diluted Average) is 530.70 Mil.
How does Victory Oilfield Tech's Shares Outstanding (Diluted Average) compare to LEEN and SPOWF?
Victory Oilfield Tech's Shares Outstanding (Diluted Average) of 530.70 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 Victory Oilfield Tech and its competitors. Victory Oilfield Tech's current Shares Outstanding (Diluted Average) is 530.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Oilfield Tech stock overvalued right now?
Victory Oilfield Tech (VYEY) has a current Shares Outstanding (Diluted Average) of 530.70 Mil. The current Shares Outstanding (Diluted Average) is 530.70 Mil. 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 Victory Oilfield Tech (VYEY), the current Shares Outstanding (Diluted Average) is 530.70 Mil as of Sep. 2024. 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.

Victory Oilfield Tech Business Description

Industry EnergyOil & Gas
Address 3355 Bee Caves Road, Suite 608, Austin, TX, USA, 78746
Victory Oilfield Tech Inc. is a US-based oilfield products and services company focused on improving well performance and extending the life of drilling and production equipment. Through its Hardband Services segment, it applies wear-resistant hardbanding to drill pipe, heavyweight pipe, drill collars, and production tubing, protecting tubulars from abrasion during drilling and extending their service life. The company also offers products such as drill-pipe and production-tubing solutions and radio frequency identification (RFID) enclosures used to identify and track oilfield equipment. Its customers are primarily oil and gas drilling contractors and oilfield operators, and revenue is generated mainly by providing hardbanding application services and related products, typically tied to drilling activity levels. The company operates in the United States, serving onshore and offshore oilfield markets, and its results are closely linked to capital spending and rig activity in the energy industry.