GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Genesis Energy LP (NYSE:GEL) » Definitions » Shares Outstanding (Basic Average)

Genesis Energy LP (Genesis Energy LP) Shares Outstanding (Basic Average) : 122 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Genesis Energy LP Shares Outstanding (Basic Average)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Genesis Energy LP's average basic shares outstanding for the quarter that ended in Dec. 2023 was 122 Mil.


Genesis Energy LP Shares Outstanding (Basic Average) Historical Data

The historical data trend for Genesis Energy LP'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.

* Premium members only.

Genesis Energy LP Shares Outstanding (Basic Average) Chart

Genesis Energy LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.58 122.58 122.58 122.58 122.54

Genesis Energy LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shares Outstanding (Basic 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 122.58 122.58 122.58 122.52 122.46

Genesis Energy LP Shares Outstanding (Basic 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.


Genesis Energy LP  (NYSE:GEL) 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.


Genesis Energy LP Shares Outstanding (Basic Average) Related Terms

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


Genesis Energy LP (Genesis Energy LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Genesis Energy LP (NYSE:GEL) » Definitions » Shares Outstanding (Basic Average)
Traded in Other Exchanges
N/A
Address
811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP is an us-based limited partnership that focuses on the midstream segment of the crude oil and natural gas industry. It engages in providing services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation, and marine transportation. It generates maximum revenue from the offshore pipeline transportation segment. The Sodium minerals and sulfur services segment includes trona and trona-based exploring, mining, processing, producing, marketing, and selling activities, as well as processing high sulfur gas streams for refineries to remove the sulfur, and selling the related by-product.
Executives
Jeffrey J Rasmussen officer: VP & GM - Refinery Services 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Edward T Flynn officer: President, Genesis Alkali, LLC 1735 MARKET STREET, PHILADELPHIA PA 19103
Ryan S Sims officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William W Rainsberger officer: SVP - Offshore 919 MILAM SUITE 2100, HOUSTON TX 77002
Scott A Sims officer: VP - Offshore 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
Louis V Nicol officer: SVP & Chief Accounting Officer 811 LOUISIANA STREET, SUITE 1200, HOUSTON TX 77002
James E Davison director 2000 FARMERVILLE HIGHWAY, RUSTON LA 71270
Grant E Sims director, officer: Chief Executive Officer 919 MILAM SUITE 2100, HOUSTON TX 77002
Garland G Gaspard officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
William Stanton Goloway officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Albert Conrad P director 919 MILAM SUITE 2100, HOUSTON TX 77002
Kristen O Jesulaitis officer: General Counsel & Secretary 919 MILAM SUITE 2100, HOUSTON TX 77002
Davison James E. Jr. director 500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Richard R Alexander officer: Vice President 919 MILAM SUITE 2100, HOUSTON TX 77002
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202