Helix Energy Solutions Group is an international offshore energy services company that provides services to the offshore energy industry, with a focus on well intervention and robotics operations. Co. provides a range of services to the oil and gas and renewable energy markets primarily in deepwater. Co. has three segments: Well Intervention, which provides services enabling its customers to access offshore wells; Robotics, which provides offshore construction, trenching, seabed clearance, inspection, repair and maintenance services; and Production Facilities, which includes the Helix Producer I, the Helix Fast Response System and its ownership of oil and gas properties. We show 57 historical shares outstanding datapoints in our HLX shares outstanding history coverage, used to compute HLX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HLX market cap history over the course of time is important for investors
interested in comparing HLX'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 HLX versus a peer is one thing; comparing
HLX 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 HLX can fluctuate over the course of history.
With this page we aim to empower investors researching HLX by allowing them to research the HLX market cap history. |
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Video: The Importance of Market Cap
