Avangrid is an energy services holding company engaged in the regulated energy distribution business and in the renewable energy generation business. Co. operates based on the following two segments: Networks, which includes all of the energy transmission and distribution activities, any other regulated activity originating in New York and Maine and regulated electric distribution, electric transmission and gas distribution activities originating in Connecticut and Massachusetts; and Renewables, which is engaged in activities relating to renewable energy, mainly wind energy generation and trading related with such activities. We show 12 historical shares outstanding datapoints in our AGR shares outstanding history coverage, used to compute AGR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AGR market cap history over the course of time is important for investors
interested in comparing AGR'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 AGR versus a peer is one thing; comparing
AGR 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 AGR can fluctuate over the course of history.
With this page we aim to empower investors researching AGR by allowing them to research the AGR market cap history. |