Gulfport Energy Corporation is an independent natural gas-weighted exploration and production company. It is focused on the exploration, acquisition and production of natural gas, crude oil, and natural gas liquid (NGL) in the U.S. with primary focus on the Appalachia and Anadarko basins. Its principal properties are located in eastern Ohio targeting the Utica and Marcellus formations and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. The Utica covers hydrocarbon-bearing rock formations located in the Appalachian Basin of the U.S. and Canada. We show 14 historical shares outstanding datapoints in our GPOR shares outstanding history coverage, used to compute GPOR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GPOR market cap history over the course of time is important for investors
interested in comparing GPOR'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 GPOR versus a peer is one thing; comparing
GPOR 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 GPOR can fluctuate over the course of history.
With this page we aim to empower investors researching GPOR by allowing them to research the GPOR market cap history. |
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Video: The Importance of Market Cap
