EnLink Midstream Partners is primarily focus on providing midstream energy services, including: gathering, compressing, treating, processing, transporting, storing and selling natural gas; fractionating, transporting, storing, exporting and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading and selling crude oil and condensate. Co.'s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP. Co.'s assets are included in five primary segments: Texas; Oklahoma; Louisiana; Crude and Condensate; and Corporate. We show 36 historical shares outstanding datapoints in our ENLK shares outstanding history coverage, used to compute ENLK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ENLK market cap history over the course of time is important for investors
interested in comparing ENLK'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 ENLK versus a peer is one thing; comparing
ENLK 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 ENLK can fluctuate over the course of history.
With this page we aim to empower investors researching ENLK by allowing them to research the ENLK market cap history. |
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Video: The Importance of Market Cap
