Denbury Resources is an independent oil and natural gas company. Co.'s operations are focused in two key operating areas: the Gulf Coast and Rocky Mountain regions. Co.'s properties with proved and producing reserves in the Gulf Coast region are situated in Mississippi, Texas, and Louisiana, and in the Rocky Mountain region are situated in Montana, North Dakota, and Wyoming. We show 42 historical shares outstanding datapoints in our DNR shares outstanding history coverage, used to compute DNR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DNR market cap history over the course of time is important for investors
interested in comparing DNR'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 DNR versus a peer is one thing; comparing
DNR 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 DNR can fluctuate over the course of history.
With this page we aim to empower investors researching DNR by allowing them to research the DNR market cap history. |
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Video: The Importance of Market Cap
