Capital Product Partners is an international owner of ocean-going vessels. Co.'s fleet consist of Neo-Panamax container carrier vessels, Panamax container carrier vessels, Capesize bulk carrier vessel and liquefied natural gas (LNG) carrier vessels. Co.'s vessels are capable of carrying a range of cargoes including LNG, containerized goods and dry bulk cargo under short-term voyage charters and medium to long-term time charters. Co.'s fleet is managed by Capital Ship Management Corp., Capital-Executive Ship Management Corp. and Capital Gas Ship Management Corp., which are private companies. We show 11 historical shares outstanding datapoints in our CPLP shares outstanding history coverage, used to compute CPLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPLP market cap history over the course of time is important for investors
interested in comparing CPLP'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 CPLP versus a peer is one thing; comparing
CPLP 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 CPLP can fluctuate over the course of history.
With this page we aim to empower investors researching CPLP by allowing them to research the CPLP market cap history. |
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Video: The Importance of Market Cap
