Apache is an independent energy company that explores for, develops, and produces natural gas, crude oil, and natural gas liquids. Co. had exploration and production operations in United States, Egypt, and offshore United Kingdom in the North Sea. Co. also has exploration interests in Suriname. Co. markets its United States crude oil production to main oil companies, marketing, and transportation companies, and refiners based on a West Texas Intermediate price or other regional pricing indices. Co. has two international regions: The Egypt includes onshore conventional assets in Egypt's Western Desert. The North Sea region includes offshore assets based in United Kingdom. We show 45 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. |
Video: The Importance of Market Cap
