Cabot Oil & Gas is an independent oil and gas company engaged in the development, exploitation, exploration and production of oil and gas properties. Co.'s assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. Co. operates in one segment, natural gas development, exploitation, exploration and production, in the continental United States. Co.'s operations are primarily concentrated in one unconventional play—the Marcellus Shale in northeast Pennsylvania. Co.'s Marcellus Shale properties represent its primary operating area and are principally located in Susquehanna County, PA. We show 49 historical shares outstanding datapoints in our COG shares outstanding history coverage, used to compute COG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COG market cap history over the course of time is important for investors
interested in comparing COG'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 COG versus a peer is one thing; comparing
COG 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 COG can fluctuate over the course of history.
With this page we aim to empower investors researching COG by allowing them to research the COG market cap history. |
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Video: The Importance of Market Cap
