| Apache is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. As of Dec 31 2017, Co. had exploration and production interests in three geographic areas: the U.S., Egypt, and offshore the U.K. in the North Sea. Co. also has exploration interests in Suriname. As of Dec 31 2017, Co. had total estimated proved reserves of 1,175,000,000 barrels of oil equivalent, consisting of 583,000,000 barrels of oil, 204,000,000 barrels of natural gas liquids, and 2,326,000,000,000 cubic feet of natural gas. We show 37 historical shares outstanding datapoints in our APA shares outstanding history coverage, used to compute APA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APA market cap history over the course of time is important for investors
interested in comparing APA'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 APA versus a peer is one thing; comparing
APA 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 APA can fluctuate over the course of history.
With this page we aim to empower investors researching APA by allowing them to research the APA market cap history.