Duke Energy is a holding company. Through its subsidiaries, Co. operates as an energy company. Co.'s segments include: Electric Utilities and Infrastructure, which provides retail electric service through the generation, transmission, distribution and sale of electricity to customers within the Southeast and Midwest regions of the U.S.; Gas Utilities and Infrastructure, which conducts natural gas operations, as well as owns, operates and has investments in various pipeline transmission and natural gas storage facilities; and Commercial Renewables, which acquires, develops, builds, operates and owns wind and solar renewable generation throughout the continental U.S. We show 38 historical shares outstanding datapoints in our DUK shares outstanding history coverage, used to compute DUK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DUK market cap history over the course of time is important for investors
interested in comparing DUK'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 DUK versus a peer is one thing; comparing
DUK 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 DUK can fluctuate over the course of history.
With this page we aim to empower investors researching DUK by allowing them to research the DUK market cap history. |
Video: The Importance of Market Cap
