Brookfield Infrastructure Partners owns and operates assets in the utilities, transport, midstream and data sectors. Co.'s utilities segment is comprised of businesses from which it earns a return on a regulated or notionally stipulated asset base. These include regulated transmission (natural gas and electricity) and commercial and residential distribution (electricity, district energy and natural gas connections) operations. Co.'s transport segment is comprised of infrastructure assets that provide transportation, storage and handling services merchandise goods, commodities and passengers. This operating segment is comprised of businesses, such as Co.'s rail and toll road operations. We show 6 historical shares outstanding datapoints in our BIP shares outstanding history coverage, used to compute BIP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BIP market cap history over the course of time is important for investors
interested in comparing BIP'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 BIP versus a peer is one thing; comparing
BIP 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 BIP can fluctuate over the course of history.
With this page we aim to empower investors researching BIP by allowing them to research the BIP market cap history. |
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Video: The Importance of Market Cap
