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NG Energy International (STU:56P) 3-Month Share Buyback Ratio : -0.19% (As of Dec. 2024 )


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What is NG Energy International 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. NG Energy International's current 3-Month Share Buyback Ratio was -0.19%.


Competitive Comparison of NG Energy International's 3-Month Share Buyback Ratio

For the Oil & Gas E&P subindustry, NG Energy International's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio 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.


NG Energy International's 3-Month Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NG Energy International's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where NG Energy International's 3-Month Share Buyback Ratio falls into.


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NG Energy International 3-Month Share Buyback Ratio Calculation

NG Energy International's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Sep. 2024 )
=(254.537 - 255.012) / 254.537
=-0.19%

* 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.


NG Energy International  (STU:56P) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


NG Energy International 3-Month Share Buyback Ratio Related Terms


NG Energy International Business Description

Traded in Other Exchanges
Address
5940 MacLeod Trail SW, Suite 321, Calgary, AB, CAN, T2H 2G4
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Columbia.

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