ERA Group is a helicopter transport operator. Co.'s helicopters are primarily used to transport personnel to, from and between offshore oil and gas production platforms, drilling rigs and other installations. Co. provides helicopter services, including emergency response services, provided to customers primarily engaged in offshore oil and gas exploration, development and production activities and United States government agencies that oversee these activities. Co. also leases helicopters to third parties and foreign affiliates and, for some lessees, provides services such as logistical and maintenance support, training and flight and maintenance crews in addition to the helicopters. We show 31 historical shares outstanding datapoints in our ERA shares outstanding history coverage, used to compute ERA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ERA market cap history over the course of time is important for investors
interested in comparing ERA'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 ERA versus a peer is one thing; comparing
ERA 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 ERA can fluctuate over the course of history.
With this page we aim to empower investors researching ERA by allowing them to research the ERA market cap history. |
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Video: The Importance of Market Cap
