CenterPoint Energy owns interests in Enable Midstream Partners, LP. Co.'s subsidiaries own and operate electric transmission and distribution, electric generation and natural gas distribution facilities, supply natural gas to commercial and industrial customers and electric and natural gas utilities and provide underground pipeline construction and repair services, energy performance contracting and sustainable infrastructure services. Co.'s segments include: Houston Electric T&D, which consists of electric transmission and distribution services in the Texas Gulf Coast area; and Energy Services, which consists of non-rate regulated natural gas sales and services operations. We show 40 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. |
Video: The Importance of Market Cap
