| Crestwood Equity Partners is a holding company. Through its subsidiary, Co. develops, acquires, owns or controls, and operates assets and operations within the energy midstream sector. Co.'s segments are: gathering and processing, which provides gathering and transportation services and processing, treating and compression services to producers; storage and transportation, which provides crude oil and natural gas storage and transportation services to producers, utilities and other customers; and marketing, supply and logistics, which provides natural gas liquid, crude oil and natural gas marketing, storage and transportation services to producers, refiners, marketers and other customers. We show 14 historical shares outstanding datapoints in our CEQP shares outstanding history coverage, used to compute CEQP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CEQP market cap history over the course of time is important for investors
interested in comparing CEQP'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 CEQP versus a peer is one thing; comparing
CEQP 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 CEQP can fluctuate over the course of history.
With this page we aim to empower investors researching CEQP by allowing them to research the CEQP market cap history.