Paratus Energy Services (OSL:PLSV) 6-Month Share Buyback Ratio : -0.13% (As of Dec. 2024 )

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What is Paratus Energy Services 6-Month Share Buyback Ratio?

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

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago 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. Paratus Energy Services's current 6-Month Share Buyback Ratio was -0.13%.

Competitive Comparison of Paratus Energy Services's 6-Month Share Buyback Ratio

For the Oil & Gas Drilling subindustry, Paratus Energy Services's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-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.

Paratus Energy Services's 6-Month Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Paratus Energy Services's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Paratus Energy Services's 6-Month Share Buyback Ratio falls into.

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Paratus Energy Services 6-Month Share Buyback Ratio Calculation

Paratus Energy Services's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2024 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2024 )
	=	(169.325	-	169.550)	/	169.325
	=	-0.13%

* 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.

Paratus Energy Services (OSL:PLSV) 6-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.

Paratus Energy Services 6-Month Share Buyback Ratio Related Terms

Paratus Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paratus Energy Services Ltd (OSL:PLSV) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

U6N:Germany

Address

14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08

Website

https://www.paratus-energy.com

Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

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