| Mesa Royalty Trust owns an overriding royalty interest equal to the net proceeds attributable to the specified interest in certain producing oil and gas properties located in the: Hugoton field of Kansas (the Hugoton Royalty Properties); San Juan Basin field of New Mexico (the San Juan Basin - New Mexico Properties); and San Juan Basin field of Colorado (the San Juan Basin - Colorado Properties, and together with the San Juan Basin - New Mexico Properties, the San Juan Basin Royalty Properties, and together with the Hugoton Royalty Properties, the Royalty Properties). The Bank of New York Mellon Trust Company, N.A. is the trustee of Co. We show 30 historical shares outstanding datapoints in our MTR shares outstanding history coverage, used to compute MTR market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MTR market cap history over the course of time is important for investors
interested in comparing MTR'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 MTR versus a peer is one thing; comparing
MTR 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 MTR can fluctuate over the course of history.
With this page we aim to empower investors researching MTR by allowing them to research the MTR market cap history.