Frank's International is a holding company. Through its subsidiaries, Co. is a provider of tubular services, tubular fabrication and well construction and well intervention solutions to the oil and gas industry. Co. has three segments: Tubular Running Services, which provides tubular running services globally in the offshore oil and gas markets and also in onshore regions; Tubulars, which designs, manufactures and distributes connectors and casing attachments for large outside diameter heavy wall pipe; and Cementing Equipment, which provides equipment, services and products utilized in the construction, completion and abandonment of the wellbore in both onshore and offshore environments. We show 25 historical shares outstanding datapoints in our FI shares outstanding history coverage, used to compute FI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FI market cap history over the course of time is important for investors
interested in comparing FI'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 FI versus a peer is one thing; comparing
FI 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 FI can fluctuate over the course of history.
With this page we aim to empower investors researching FI by allowing them to research the FI market cap history. |
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Video: The Importance of Market Cap
