| Hi-Crush Partners is a provider of proppant and logistics solutions to the North American petroleum industry. Co. provides mine-to-wellsite logistics services that optimize proppant supply to customers in all main oil and gas basins in the U.S., and owns and operates multiple frac sand mining facilities and in-basin terminals. Co.'s PropStream® service, providing both container- and silo-based wellsite delivery and storage systems. We show 27 historical shares outstanding datapoints in our HCLP shares outstanding history coverage, used to compute HCLP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HCLP market cap history over the course of time is important for investors
interested in comparing HCLP'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 HCLP versus a peer is one thing; comparing
HCLP 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 HCLP can fluctuate over the course of history.
With this page we aim to empower investors researching HCLP by allowing them to research the HCLP market cap history.