ProFrac Holding Corp. is a technology-focused, vertically integrated energy services company. Co. is engaged in providing well stimulation services, proppants production and other complementary products and services to oil and gas companies engaged in the exploration and production (E&P) of unconventional oil and natural gas resources throughout the U.S.. It has segments: stimulation services, proppant production and manufacturing. Its stimulation services segment owns and operates a fleet of mobile hydraulic fracturing units and other auxiliary equipment that generates revenue by providing stimulation services to its customers. We show 8 historical shares outstanding datapoints in our ACDC shares outstanding history coverage, used to compute ACDC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACDC market cap history over the course of time is important for investors
interested in comparing ACDC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ACDC versus a peer is one thing; comparing
ACDC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ACDC can fluctuate over the course of history.
With this page we aim to empower investors researching ACDC by allowing them to research the ACDC market cap history. |
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Video: The Importance of Market Cap
