Atmos Energy Corporation is a natural gas-only distributor. Co. delivers natural gas to over 3.3 million distribution customers in over 1,400 communities across eight states located primarily in the South. Co. manages proprietary pipeline and storage assets, including intrastate natural gas pipeline systems in Texas. Its segments include distribution, and pipeline and storage. The distribution segment comprises its regulated natural gas distribution and related sales operations in eight states. The pipeline and storage segment comprises the pipeline and storage operations of its Atmos Pipeline-Texas (APT) division and its natural gas transmission operations in Louisiana. We show 62 historical shares outstanding datapoints in our ATO shares outstanding history coverage, used to compute ATO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ATO market cap history over the course of time is important for investors
interested in comparing ATO'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 ATO versus a peer is one thing; comparing
ATO 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 ATO can fluctuate over the course of history.
With this page we aim to empower investors researching ATO by allowing them to research the ATO market cap history. |
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Video: The Importance of Market Cap
