Lonestar Resources US is an independent oil and natural gas exploration and production company focused on the exploration, development and production of unconventional oil, natural gas liquids and natural gas in the Eagle Ford Shale (the Eagle Ford) in South Texas. Co.'s primary operational focus is on its Eagle Ford position in 11 Texas counties, and its properties in the Eagle Ford are divided into three regions: the Western Eagle Ford (comprised of Dimmit, La Salle and Frio Counties), Central Eagle Ford (comprised of Gonzales, Karnes, Fayette, Wilson, DeWitt and Lavaca Counties) and Eastern Eagle Ford (comprised of Brazos and Robertson Counties). We show 18 historical shares outstanding datapoints in our LONE shares outstanding history coverage, used to compute LONE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LONE market cap history over the course of time is important for investors
interested in comparing LONE'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 LONE versus a peer is one thing; comparing
LONE 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 LONE can fluctuate over the course of history.
With this page we aim to empower investors researching LONE by allowing them to research the LONE market cap history. |
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Video: The Importance of Market Cap
