BP is a global energy business with operations in Europe, North and South America, Australasia, Asia and Africa. Co. is engaged in: finding, developing and extracting oil and gas; transporting and trading products including oil, natural gas, liquefied natural gas, power and carbon products as well as derivatives and currencies; manufacturing and marketing fuels and products; generating renewable energy including biofuels, biopower,wind energy and solar energy; and venturing into high-tech companies for advancing the energy transition, advanced mobility, bio and low carbon products, carbon management, digital transformation and power and storage. We show 1 historical shares outstanding datapoints in our BP shares outstanding history coverage, used to compute BP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BP market cap history over the course of time is important for investors
interested in comparing BP'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 BP versus a peer is one thing; comparing
BP 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 BP can fluctuate over the course of history.
With this page we aim to empower investors researching BP by allowing them to research the BP market cap history. |
Video: The Importance of Market Cap
