Golar LNG Limited designs, owns and operates marine infrastructure for the liquefaction of natural gas and the regasification, storage and offloading of liquefied natural gas (LNG). Its segments include FLNG, Corporate and other and Shipping. The FLNG segment includes its operations of FLNG vessels or projects. It converts LNG carriers into FLNG vessels or builds new FLNG vessels and subsequently contracts them out to customers. The FLNG segment relates to activities of the FLNG Hilli and its other FLNG projects. The Shipping segment includes its operations of the transportation of LNG carriers. It has operated and subsequently chartered out LNG carriers on fixed terms to charterers. We show 12 historical shares outstanding datapoints in our GLNG shares outstanding history coverage, used to compute GLNG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GLNG market cap history over the course of time is important for investors
interested in comparing GLNG'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 GLNG versus a peer is one thing; comparing
GLNG 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 GLNG can fluctuate over the course of history.
With this page we aim to empower investors researching GLNG by allowing them to research the GLNG market cap history. |
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Video: The Importance of Market Cap
