CONSOL Energy is a producer of bituminous coal, focused on the extraction and preparation of coal in the Appalachian Basin. Co.'s primary businesses consist of its: Pennsylvania Mining Complex, which refers to coal mines, the Central Preparation Plant, coal reserves and related assets and operations located in southwestern Pennsylvania and northern West Virginia; CONSOL Marine Terminal, in which it provides coal export terminal services through the Port of Baltimore via its subsidiary, CONSOL Marine Terminals LLC; and Itmann Mine, which refers to the ownership and development of a metallurgical coal mine and coal preparation plant located in Wyoming County, WV. We show 20 historical shares outstanding datapoints in our CEIX shares outstanding history coverage, used to compute CEIX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CEIX market cap history over the course of time is important for investors
interested in comparing CEIX'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 CEIX versus a peer is one thing; comparing
CEIX 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 CEIX can fluctuate over the course of history.
With this page we aim to empower investors researching CEIX by allowing them to research the CEIX market cap history. |
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Video: The Importance of Market Cap
