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UNRG (United Energy) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2010 )


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What is United Energy 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. United Energy's current 6-Month Share Buyback Ratio was 0.00%.


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

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


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

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

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


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United Energy 6-Month Share Buyback Ratio Calculation

United Energy's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2010 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2010 ) - Shares Outstanding (EOP) (Dec. 2010 )) / Shares Outstanding (EOP) (Jun. 2010 )
=(31.504 - 31.504) / 31.504
=0.00%

* 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.


United Energy  (OTCPK:UNRG) 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.


United Energy 6-Month Share Buyback Ratio Related Terms


United Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

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