Jagged Peak Energy is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and associated natural gas reserves in the southern Delaware Basin. Co.'s operations are entirely located within the Permian Basin of West Texas. Co.'s primary area of focus is the southern Delaware Basin; the Delaware Basin is a sub-basin of the Permian Basin. Co.'s acreage is located on contiguous blocks in the adjacent Texas counties of Winkler, Ward, Reeves and Pecos. Co. has also developed its own water system, which enables it to source, store and dispose of water. We show 14 historical shares outstanding datapoints in our JAG shares outstanding history coverage, used to compute JAG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing JAG market cap history over the course of time is important for investors
interested in comparing JAG'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 JAG versus a peer is one thing; comparing
JAG 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 JAG can fluctuate over the course of history.
With this page we aim to empower investors researching JAG by allowing them to research the JAG market cap history. |
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Video: The Importance of Market Cap
