Archrock is an energy infrastructure company with a focus on midstream natural gas compression. Co. provides natural gas compression services to customers in the oil and natural gas industry throughout the U.S. and a supplier of aftermarket services to customers that own compression equipment in the U.S. Co. operates in two business segments: Contract Operations, which is comprised of services including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs; and Aftermarket Services, which sells parts and components and provides operations, maintenance, overhaul and reconfiguration services to customers who own compression equipment. We show 58 historical shares outstanding datapoints in our AROC shares outstanding history coverage, used to compute AROC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AROC market cap history over the course of time is important for investors
interested in comparing AROC'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 AROC versus a peer is one thing; comparing
AROC 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 AROC can fluctuate over the course of history.
With this page we aim to empower investors researching AROC by allowing them to research the AROC market cap history. |
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Video: The Importance of Market Cap
