SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'shares_basic'
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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. W&T Offshore's average basic shares outstanding for the quarter that ended in Dec. 2023 was 146.6 Mil.
The historical data trend for W&T 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.
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.
W&T Offshore (NYSE:WTI) 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.
Thank you for viewing the detailed overview of W&T Offshore's Shares Outstanding (Basic Average) provided by GuruFocus.com. Please click on the following links to see related term pages.
Sameer Parasnis | officer: EVP & Chief Financial Officer | 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201 |
Nancy T Chang | director | 101 WESTCOTT, SUITE 603, HOUSTON TX 77007 |
Jonathan Charles Curth | officer: See Remarks | 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057 |
Hartman Bart P. Iii | officer: VP and CAO | 5718 WESTHEIMER RD. SUITE 700, HOUSTON TX 77057 |
Conwill Daniel O. Iv | director | 400 POYDRAS STREET, SUITE 3100, NEW ORLEANS LA 70130 |
Shahid Ghauri | officer: SEE REMARKS | NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046 |
Virginia Boulet | director | 909 POYDRAS ST SUITE 3600, NEW ORLEANS LA 70112 |
B Frank Stanley | director | NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046 |
Tracy W Krohn | director, 10 percent owner, officer: Chairman & CEO | EIGHT GREENWAY PLAZA, HOUSTON TX 77046 |
Stuart B Katz | director | 520 MADISON AVE., NEW YORK NY 10022 |
William J Williford | officer: EVP and GM of Gulf of Mexico | NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046 |
David M Bump | officer: See Remarks | NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046 |
Sunghee Janet Yang | officer: SEE REMARKS | NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046 |
Stephen L Schroeder | officer: SVP & Chief Technical Officer | C/O W&T OFFSHORE, INC., EIGHT GREENWAY PLAZA, SUITE 1330, HOUSTON TX 77046 |
John D Gibbons | officer: SVP & Chief Financial Officer | P.O. BOX 500, SAN ANTONIO TX 78292-0500 |
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