Falcon Minerals is a holding company. Through its subsidiaries, Co. owns and acquires royalty interests, mineral interests, non-participating royalty interest and overriding royalty interests (collectively, Royalties), in oil and natural gas properties in North America, substantially all of which are located in the Eagle Ford Shale. Co.'s assets consist of Royalties that are concentrated in the liquids-rich condensate region of the Eagle Ford Shale in Karnes, DeWitt, and Gonzales Counties, TX. In all three of these counties, Co. also has substantial exposure to the Austin Chalk and Upper Eagle Ford formations. We show 15 historical shares outstanding datapoints in our FLMN shares outstanding history coverage, used to compute FLMN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FLMN market cap history over the course of time is important for investors
interested in comparing FLMN'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 FLMN versus a peer is one thing; comparing
FLMN 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 FLMN can fluctuate over the course of history.
With this page we aim to empower investors researching FLMN by allowing them to research the FLMN market cap history. |
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Video: The Importance of Market Cap
