Oasis Petroleum is an independent exploration and production company focused on the acquisition and development of onshore, unconventional oil and natural gas resources. Co.'s subsidiaries, Oasis Petroleum North America LLC and Oasis Petroleum Permian LLC conduct Co.'s exploration and production activities and own its proved and unproved oil and natural gas properties located in the North Dakota and Montana regions of the Williston Basin and the Texas region of the Delaware Basin, respectively. In addition to its exploration and production segment, Co. also operates a midstream business segment through Oasis Midstream Partners LP and Oasis Midstream Services LLC. We show 7 historical shares outstanding datapoints in our OAS shares outstanding history coverage, used to compute OAS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OAS market cap history over the course of time is important for investors
interested in comparing OAS'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 OAS versus a peer is one thing; comparing
OAS 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 OAS can fluctuate over the course of history.
With this page we aim to empower investors researching OAS by allowing them to research the OAS market cap history. |
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Video: The Importance of Market Cap
