GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Shares Outstanding (Diluted Average)

Puissant Industries (Puissant Industries) Shares Outstanding (Diluted Average) : 9.98 Mil (As of Dec. 2013)


View and export this data going back to 2012. Start your Free Trial

What is Puissant Industries Shares Outstanding (Diluted Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Puissant Industries's average diluted shares outstanding for the quarter that ended in Dec. 2013 was 9.98 Mil.


Puissant Industries Shares Outstanding (Diluted Average) Historical Data

The historical data trend for Puissant Industries'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.

* Premium members only.

Puissant Industries Shares Outstanding (Diluted Average) Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Shares Outstanding (Diluted Average)
0.06 6.84 7.32 9.98

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Shares Outstanding (Diluted Average) 0.06 6.84 7.32 9.98

Puissant Industries 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.


Puissant Industries  (OTCPK:PSSS) 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.


Puissant Industries Shares Outstanding (Diluted Average) Related Terms

Thank you for viewing the detailed overview of Puissant Industries's Shares Outstanding (Diluted Average) provided by GuruFocus.com. Please click on the following links to see related term pages.


Puissant Industries (Puissant Industries) Business Description

Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus