Martin Midstream Partners L.P. is engaged in providing specialty services to independent oil and gas companies, independent refiners, and chemical companies. Its operations are primarily focused on the Gulf Coast region of the U.S.. Its segments include Terminalling and Storage, Transportation, Sulfur services and Specialty products. It owns or operates over 12 marine shore-based terminal facilities and nine specialty terminal facilities located primarily in the Gulf Coast region. Its Transportation segment operates a fleet of both land transportation and marine transportation assets that transport petroleum products and by-products, petrochemicals, and chemicals. We show 39 historical shares outstanding datapoints in our MMLP shares outstanding history coverage, used to compute MMLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MMLP market cap history over the course of time is important for investors
interested in comparing MMLP'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 MMLP versus a peer is one thing; comparing
MMLP 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 MMLP can fluctuate over the course of history.
With this page we aim to empower investors researching MMLP by allowing them to research the MMLP market cap history. |
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Video: The Importance of Market Cap
