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Jericho Energy Ventures (TSXV:JEV) 6-Month Share Buyback Ratio : -0.18% (As of Sep. 2024 )


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What is Jericho Energy Ventures 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. Jericho Energy Ventures's current 6-Month Share Buyback Ratio was -0.18%.


Competitive Comparison of Jericho Energy Ventures's 6-Month Share Buyback Ratio

For the Oil & Gas E&P subindustry, Jericho Energy Ventures'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.


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

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

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


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Jericho Energy Ventures 6-Month Share Buyback Ratio Calculation

Jericho Energy Ventures's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Mar. 2024 )
=(259.282 - 259.755) / 259.282
=-0.18%

* 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.


Jericho Energy Ventures  (TSXV:JEV) 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.


Jericho Energy Ventures 6-Month Share Buyback Ratio Related Terms


Jericho Energy Ventures Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. The company also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, and new energy systems.
Executives
Brian Williamson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Allen W Wilson Director
Michael Graves 10% Security Holder

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