Crescent Point Energy is an oil and gas exploration, development and production company. Co. is an oil and gas producer with assets strategically focused in properties comprised of light and medium crude oil and natural gas reserves in Western Canada and the United States. The crude oil and natural gas properties and related assets generating income for the benefit of Co., are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba and in the states of North Dakota and Montana. The properties and assets consist of producing crude oil and natural gas reserves and Proved plus Probable crude oil and natural gas reserves not yet on production, and land holdings. We show 5 historical shares outstanding datapoints in our CPG shares outstanding history coverage, used to compute CPG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPG market cap history over the course of time is important for investors
interested in comparing CPG'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 CPG versus a peer is one thing; comparing
CPG 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 CPG can fluctuate over the course of history.
With this page we aim to empower investors researching CPG by allowing them to research the CPG market cap history. |
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Video: The Importance of Market Cap
