CSI Compressco provides contract services including natural gas compression services and treating services. Natural gas compression is used for oil and natural gas production, gathering, artificial lift, transmission, processing, and storage. Treating services include removal of contaminants from a natural gas stream and cooling. Co. also sells used standard compressor packages and provide aftermarket services and compressor package parts and components manufactured by third-party suppliers. Co. provides contract compression and treating services and compressor parts and component sales to a natural gas and oil exploration and production, midstream, transmission, and storage companies. We show 48 historical shares outstanding datapoints in our CCLP shares outstanding history coverage, used to compute CCLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCLP market cap history over the course of time is important for investors
interested in comparing CCLP'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 CCLP versus a peer is one thing; comparing
CCLP 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 CCLP can fluctuate over the course of history.
With this page we aim to empower investors researching CCLP by allowing them to research the CCLP market cap history. |
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Video: The Importance of Market Cap
