| Foresight Energy is engaged in mining and marketing coal from reserves and operations located in the Illinois Basin. Co. controls proven and probable coal in the state of Illinois. Co. owns mining complexes where it operates longwall mines and continuous miner operation. In addition, Co. markets and sells its coal primarily to electric utility and industrial companies in the eastern half of the U.S. and the international market. Co. sells most of its domestic tonnages to electric utilities with installed pollution control devices. We show 22 historical shares outstanding datapoints in our FELP shares outstanding history coverage, used to compute FELP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FELP market cap history over the course of time is important for investors
interested in comparing FELP'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 FELP versus a peer is one thing; comparing
FELP 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 FELP can fluctuate over the course of history.
With this page we aim to empower investors researching FELP by allowing them to research the FELP market cap history.