Entergy is a holding company. Through its subsidiaries, Co. is an integrated energy company engaged mainly in electric power production and retail distribution operations. Co. owns and operates power plants. Co. has two segments: Utility, which generates, transmits, distributes and sells electric power to retail and wholesale customers in Arkansas, Louisiana, Mississippi, and Texas; and Entergy Wholesale Commodities, which includes the ownership, operation, and decommissioning of nuclear power plants, located in the northern United States, the sale of the electric power produced by its operating plants to wholesale customers, and also provides services to other nuclear power plant owners. We show 40 historical shares outstanding datapoints in our ETR shares outstanding history coverage, used to compute ETR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ETR market cap history over the course of time is important for investors
interested in comparing ETR'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 ETR versus a peer is one thing; comparing
ETR 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 ETR can fluctuate over the course of history.
With this page we aim to empower investors researching ETR by allowing them to research the ETR market cap history. |
Video: The Importance of Market Cap
