StealthGas is a holding company. Through its subsidiaries, Co. owns a fleet of liquefied petroleum gas (LPG) carriers providing international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers chartered to oil producers, refiners and commodities traders. Co.'s LPG carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer. The three medium range product carriers in Co.'s fleet are capable of carrying refined petroleum products such as gasoline, diesel, fuel oil and jet fuel while its Aframax tanker is used for carrying crude oil. We show 13 historical shares outstanding datapoints in our GASS shares outstanding history coverage, used to compute GASS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GASS market cap history over the course of time is important for investors
interested in comparing GASS'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 GASS versus a peer is one thing; comparing
GASS 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 GASS can fluctuate over the course of history.
With this page we aim to empower investors researching GASS by allowing them to research the GASS market cap history. |
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Video: The Importance of Market Cap
