Newpark Resources is supplier providing products, rentals, and services. Co.'s segments are: Industrial Solutions, which provides temporary worksite access solutions, including the rental of its composite matting systems, along with related site construction and services to customers; and Fluids Systems, which provides drilling, completion, and stimulation fluids products and related technical services and provides solutions for subsurface conditions such as horizontal, directional, geologically deep, or drilling in deep water. Co. also has industrial mineral grinding operations for barite and sells the products to third party users, including other drilling fluids companies. We show 58 historical shares outstanding datapoints in our NR shares outstanding history coverage, used to compute NR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NR market cap history over the course of time is important for investors
interested in comparing NR'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 NR versus a peer is one thing; comparing
NR 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 NR can fluctuate over the course of history.
With this page we aim to empower investors researching NR by allowing them to research the NR market cap history. |
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Video: The Importance of Market Cap
