FirstEnergy Corp. and its subsidiaries are principally involved in the transmission, distribution, and generation of electricity. Its segments include Distribution, Integrated, and Stand-Alone Transmission. The Distribution Segment, which consists of the Ohio Companies and FirstEnergy Pennsylvania Electric Co. (FE PA), distributes electricity in Ohio and Pennsylvania. The Integrated segment includes the distribution and transmission operations under Jersey Central Power & Light Co. (JCP&L), Monongahela Power Co. (MP) and The Potomac Edison Co. (PE), as well as MP's regulated generation operations. We show 57 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
