Dorian LPG is a holding company. Through its subsidiary, Co. is engaged in the transportation of liquefied petroleum gas (LPG) through the ownership and operation of LPG tankers. Co. and its subsidiaries are focused on owning and operating very large gas carriers. Co. also provide in-house commercial management services for various of its vessels, including its vessels deployed in the Helios LPG Pool LLC (Helios Pool), which may also receive commercial management services from Phoenix Tankers Pte. Ltd. Excluding its time chartered-in vessels, Co. provides in-house for various of its vessels, including its vessels deployed in the Helios Pool. We show 37 historical shares outstanding datapoints in our LPG shares outstanding history coverage, used to compute LPG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LPG market cap history over the course of time is important for investors
interested in comparing LPG'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 LPG versus a peer is one thing; comparing
LPG 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 LPG can fluctuate over the course of history.
With this page we aim to empower investors researching LPG by allowing them to research the LPG market cap history. |
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Video: The Importance of Market Cap
