APA Corporation is an independent energy company. Co. owns subsidiaries that explore for and produce oil and natural gas in the U.S., Egypt, and the United Kingdom, and that explore for oil and natural gas offshore Suriname. Co.'s upstream business has oil and gas operations in three geographic areas: the U.S., Egypt and offshore the United Kingdom in the North Sea (North Sea). It also has active exploration and appraisal operations ongoing in Suriname, as well as interests in Uruguay and other international locations. It maintains a diversified asset portfolio, including conventional and unconventional, onshore and offshore, oil and natural gas exploration and production interests. We show 60 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. |
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Video: The Importance of Market Cap
