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Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Diamondback Energy's shares outstanding for the quarter that ended in Mar. 2024 was 178 Mil.
Diamondback Energy's quarterly shares outstanding declined from Dec. 2023 (179 Mil) to Mar. 2024 (178 Mil). It means Diamondback Energy bought back shares from Dec. 2023 to Mar. 2024 .
Diamondback Energy's annual shares outstanding declined from Dec. 2022 (180 Mil) to Dec. 2023 (179 Mil). It means Diamondback Energy bought back shares from Dec. 2022 to Dec. 2023 .
The historical data trend for Diamondback Energy's Shares Outstanding (EOP) 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.
Diamondback Energy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Shares Outstanding (EOP) | Get a 7-Day Free Trial | 159.00 | 158.09 | 177.55 | 179.84 | 178.72 |
Diamondback Energy Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Shares Outstanding (EOP) | Get a 7-Day Free Trial | 181.61 | 179.22 | 178.82 | 178.72 | 178.34 |
For the Oil & Gas E&P subindustry, Diamondback Energy's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Diamondback Energy's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Diamondback Energy's Shares Outstanding (EOP) falls into.
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 end of period. 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.
Diamondback Energy (NAS:FANG) Shares Outstanding (EOP) 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.
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.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Diamondback Energy's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.
Van't Hof Matthew Kaes | officer: Sr. VP - Strategy & Corp Dev | 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701 |
David L Houston | director | 14313 NORTH MAY AVENUE, OKLAHOMA CITY OK 73134 |
Matt Zmigrosky | officer: Exec. VP and General Counsel | 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701 |
Steven E West | director | 411 WEST PUTNAM AVE., SUITE 125, GREENWICH CT 06830 |
Daniel N Wesson | officer: Exec. VP - Operations | 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701 |
Travis D. Stice | director, officer: Chief Executive Officer | 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701 |
Frank D. Tsuru | director | 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701 |
Rebecca A Klein | director | 1411 E MISSION AVE, SPOKANE WA 99202 |
Teresa L. Dick | officer: CFO, Exec. VP, Assist. Sec. | 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701 |
Jennifer Soliman | officer: Sr. VP and Chief HR Officer | 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701 |
Russell Pantermuehl | officer: Exec. VP Reservoir Engineering | 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701 |
Michael P Cross | director | 515 CENTRAL PARK, OKLAHOMA CITY OK 73101 |
Thomas F. Hawkins | officer: Sr. VP - Land | 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701 |
Stephanie K. Mains | director | C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202 |
Vincent K Brooks | director | 900 POLO CLUB DRIVE, AUSTIN TX 78737 |
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