Berry is an independent upstream energy company focused on the development and production of oil reserves, primarily located in California, with the well servicing and abandonment capabilities in California. Co. has two reportable segments: Development and Production and Well Servicing and Abandonment. The Development and Production segment consists of the development and production of oil reserves, primarily located in California, as well as Utah. The Well Servicing and Abandonment segment provides wellsite services in California to oil and natural gas production companies, with a focus on well servicing, well abandonment services and water logistics. We show 17 historical shares outstanding datapoints in our BRY shares outstanding history coverage, used to compute BRY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BRY market cap history over the course of time is important for investors
interested in comparing BRY'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 BRY versus a peer is one thing; comparing
BRY 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 BRY can fluctuate over the course of history.
With this page we aim to empower investors researching BRY by allowing them to research the BRY market cap history. |
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Video: The Importance of Market Cap
