Evergy is a public utility holding company. Through its subsidiary, Westar Energy, Inc., Co. is a regulated electric utility that provides electricity to customers in the state of Kansas. Co.'s Kansas City Power & Light Company (KCP&L) subsidiary, is a regulated electric utility that provides electricity to customers primarily in the states of Missouri and Kansas. KCP&L's subsidiary, Greater Missouri Operations Company, is a regulated electric utility that provides electricity to customers in the state of Missouri. Co., through its subsidiary, GPE Transmission Holding Company, LLC, partially owns Transource Energy, LLC, which is focused on the development of electric transmission projects. We show 8 historical shares outstanding datapoints in our EVRG shares outstanding history coverage, used to compute EVRG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EVRG market cap history over the course of time is important for investors
interested in comparing EVRG'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 EVRG versus a peer is one thing; comparing
EVRG 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 EVRG can fluctuate over the course of history.
With this page we aim to empower investors researching EVRG by allowing them to research the EVRG market cap history. |
Video: The Importance of Market Cap
