Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals and refined products. Its NGL Pipelines & Services segment includes natural gas processing and related NGL marketing activities, NGL pipelines, NGL fractionation facilities, NGL and related product storage facilities and NGL marine terminals. Its Crude Oil Pipelines & Services segment includes crude oil pipelines, crude oil storage and marine terminals and related crude oil marketing activities. We show 65 historical shares outstanding datapoints in our EPD shares outstanding history coverage, used to compute EPD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EPD market cap history over the course of time is important for investors
interested in comparing EPD'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 EPD versus a peer is one thing; comparing
EPD 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 EPD can fluctuate over the course of history.
With this page we aim to empower investors researching EPD by allowing them to research the EPD market cap history. |
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Video: The Importance of Market Cap
