ConocoPhillips is an exploration and production company. Co. operates through six segments. The Alaska segment primarily explores for, produces, transports and markets crude oil, natural gas, and natural gas liquids (NGLs). The Lower 48 segment consists of operations located in the 48 contiguous U.S. and the Gulf of Mexico. Its Canada segments consist of the Surmont oil sands developments in Alberta and British Columbia. The Europe, Middle East and North Africa segment consists of operations principally located in the Norwegian sector of the North Sea, the Norwegian Sea, Qatar, Libya, and commercial and terminal operations in the United Kingdom. We show 58 historical shares outstanding datapoints in our COP shares outstanding history coverage, used to compute COP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COP market cap history over the course of time is important for investors
interested in comparing COP'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 COP versus a peer is one thing; comparing
COP 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 COP can fluctuate over the course of history.
With this page we aim to empower investors researching COP by allowing them to research the COP market cap history. |
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Video: The Importance of Market Cap
