Civeo is a hospitality company servicing the natural resources industry in Canada, Australia and the U.S. Co. provides a suite of hospitality services for its guests, including lodging, food service, housekeeping and maintenance at accommodation facilities that it or its customers own. In many cases, Co. provides services that support the day-to-day operations of accommodation facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. Co. also provides development activities for workforce accommodation facilities. We show 32 historical shares outstanding datapoints in our CVEO shares outstanding history coverage, used to compute CVEO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CVEO market cap history over the course of time is important for investors
interested in comparing CVEO'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 CVEO versus a peer is one thing; comparing
CVEO 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 CVEO can fluctuate over the course of history.
With this page we aim to empower investors researching CVEO by allowing them to research the CVEO market cap history. |
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Video: The Importance of Market Cap
