Anadarko Petroleum is an independent exploration and production company. Co. also participates in the hard-minerals business through royalty arrangements. Co.'s reporting segments are as follows: Exploration and Production, which is engaged in the exploration, development, production, and sale of oil, natural gas, and natural-gas liquids (NGLs) and in advancing its Mozambique liquefied natural gas project toward final investment decision; and WES Midstream and Other Midstream, in which these two segments engage in gathering, processing, treating, and transporting Co. and third-party oil, natural-gas, and NGL production as well as gathering and disposal of produced water. We show 39 historical shares outstanding datapoints in our APC shares outstanding history coverage, used to compute APC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APC market cap history over the course of time is important for investors
interested in comparing APC'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 APC versus a peer is one thing; comparing
APC 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 APC can fluctuate over the course of history.
With this page we aim to empower investors researching APC by allowing them to research the APC market cap history. |
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Video: The Importance of Market Cap
