Black Stone Minerals is engaged in owning and managing oil and natural gas mineral interests. Co. manages and expands its asset base through acquisitions of additional mineral and royalty interests. Co.'s mineral and royalty interests are located in various states in the continental U.S., including all of the primary onshore producing basins. Several of these interests are in active resource plays, including the Haynesville/Bossier shales in East Texas/Western Louisiana, the Wolfcamp/Spraberry/Bone Spring in the Permian Basin, the Bakken/Three Forks in the Williston Basin, and the Eagle Ford shale in South Texas. We show 37 historical shares outstanding datapoints in our BSM shares outstanding history coverage, used to compute BSM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BSM market cap history over the course of time is important for investors
interested in comparing BSM'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 BSM versus a peer is one thing; comparing
BSM 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 BSM can fluctuate over the course of history.
With this page we aim to empower investors researching BSM by allowing them to research the BSM market cap history. |
Free BSM Email Alerts:
Video: The Importance of Market Cap
