Andeavor Logistics owns and operates networks of crude oil, refined products and natural gas pipelines, terminals with crude oil and refined products storage capacity, rail loading and offloading facilities, marine terminals including storage, bulk petroleum distribution facilities, a trucking fleet and natural gas processing. Co.'s has three segments: Terminalling and Transportation, which provides storage services, transporting refined products, and delivering crude oil; Gathering and Processing, which gathering and transporting crude oil, natural gas and produced water; and Wholesale, which includes the operations of several bulk petroleum distribution plants. We show 33 historical shares outstanding datapoints in our ANDX shares outstanding history coverage, used to compute ANDX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ANDX market cap history over the course of time is important for investors
interested in comparing ANDX'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 ANDX versus a peer is one thing; comparing
ANDX 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 ANDX can fluctuate over the course of history.
With this page we aim to empower investors researching ANDX by allowing them to research the ANDX market cap history. |
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Video: The Importance of Market Cap
