Antero Midstream is a holding company. Through its subsidiaries, Co. owns, operates and develops midstream energy infrastructure primarily to service Antero Resources Corp. (Antero Resources) and its production and completion activity in the Appalachian Basin. Co.'s segments include: gathering and processing and water handling. The gathering and processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources' wells in West Virginia and Ohio. Co.'s water handling segment includes two independent systems that deliver fresh water from sources including the Ohio River, local reservoirs and several regional waterways. We show 15 historical shares outstanding datapoints in our AM shares outstanding history coverage, used to compute AM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AM market cap history over the course of time is important for investors
interested in comparing AM'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 AM versus a peer is one thing; comparing
AM 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 AM can fluctuate over the course of history.
With this page we aim to empower investors researching AM by allowing them to research the AM market cap history. |
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Video: The Importance of Market Cap
