Ferrellgas Partners is primarily engaged in the retail distribution of propane and related equipment sales. Co.'s activities are primarily conducted through its operating partnership, Ferrellgas, L.P. Co. has one reportable operating segment: propane operations and related equipment sales. Co.'s operations primarily include the distribution and sale of propane and related equipment and supplies with concentrations in the Midwest, Southeast, Southwest and Northwest regions of the United States. Co.'s other activities in its propane operations and related equipment sales segment include the following: the sale of refined fuels, and common carrier services. We show 28 historical shares outstanding datapoints in our FGP shares outstanding history coverage, used to compute FGP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FGP market cap history over the course of time is important for investors
interested in comparing FGP'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 FGP versus a peer is one thing; comparing
FGP 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 FGP can fluctuate over the course of history.
With this page we aim to empower investors researching FGP by allowing them to research the FGP market cap history. |
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Video: The Importance of Market Cap
