CenterPoint Energy, Inc. is an energy delivery company operating electric and natural gas facilities in several states, including Indiana, Louisiana, Minnesota, Mississippi, Ohio, and Texas. The Electric segment includes Houston Electric and Indiana Electric businesses, while the Natural Gas segment handles intrastate sales, transportation, and distribution for various customers in the same states. They also offer permanent pipeline connections and home appliance maintenance and repair services in Minnesota, and home repair protection plans in Indiana, Mississippi, Ohio, and Texas through a third party. We show 43 historical shares outstanding datapoints in our CNP shares outstanding history coverage, used to compute CNP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNP market cap history over the course of time is important for investors
interested in comparing CNP'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 CNP versus a peer is one thing; comparing
CNP 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 CNP can fluctuate over the course of history.
With this page we aim to empower investors researching CNP by allowing them to research the CNP market cap history. |
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Video: The Importance of Market Cap
