EOG Resources explores for, develops, produces and markets crude oil, natural gas liquids and natural gas primarily in main producing basins in the U.S., The Republic of Trinidad and Tobago and, from time to time, select other international areas. Co.'s operations are all crude oil and natural gas exploration and production related. We show 58 historical shares outstanding datapoints in our EOG shares outstanding history coverage, used to compute EOG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EOG Resources market cap history over the course of time is important for investors
interested in comparing EOG Resources'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 EOG Resources versus a peer is one thing; comparing
EOG Resources 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 EOG Resources can fluctuate over the course of history.
With this page we aim to empower investors researching EOG Resources by allowing them to research the EOG Resources market cap history. |
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Video: The Importance of Market Cap
