FirstEnergy is a public utility holding company. Through its subsidiaries, Co. is engaged in the transmission, distribution and generation of electricity. Co.'s segments include: Regulated Distribution, which distributes electricity through its utility operating companies (including Ohio Edison Company, The Cleveland Electric Illuminating Company, The Toledo Edison Company, Pennsylvania Power Company and Jersey Central Power & Light Company); and Regulated Transmission, which provides transmission infrastructure owned and operated by the Transmission Companies and certain of Co.'s utilities to transmit electricity from generation sources to distribution facilities. We show 54 historical shares outstanding datapoints in our FE shares outstanding history coverage, used to compute FE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FE market cap history over the course of time is important for investors
interested in comparing FE'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 FE versus a peer is one thing; comparing
FE 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 FE can fluctuate over the course of history.
With this page we aim to empower investors researching FE by allowing them to research the FE market cap history. |
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Video: The Importance of Market Cap
