| Andeavor is an independent petroleum refining and marketing company. Co. has three segments: Marketing, which sells gasoline and diesel fuel in the western and mid-continent U.S. through Retail, Branded, and Unbranded channels along with convenience store products; Refining, which buys and refines crude oil and other feedstocks into transportation fuels; and Logistics, which transports, stores and distributes crude oil, feedstocks and refined products through its terminals and pipelines or terminals and pipelines owned by Andeavor Logistics LP and third-parties in its market areas as well as through purchases and exchange arrangements with other refining and marketing companies. We show 35 historical shares outstanding datapoints in our ANDV shares outstanding history coverage, used to compute ANDV market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ANDV market cap history over the course of time is important for investors
interested in comparing ANDV'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 ANDV versus a peer is one thing; comparing
ANDV 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 ANDV can fluctuate over the course of history.
With this page we aim to empower investors researching ANDV by allowing them to research the ANDV market cap history.