Orbital Energy Group is a holding company. Through its subsidiary, Co. is an infrastructure services company serving customers in the electric power, telecommunications, and renewable markets. Co.'s reportable segments include: Electric Power segment, which provides infrastructure solutions to customers in the electric power industry; Telecommunications segment, which provides engineering, design, construction, and maintenance services to the broadband and wireless telecommunication industries; and Renewables segment, which provides engineering, procurement and construction services that support the development of renewable energy generation focused on utility-scale solar construction. We show 10 historical shares outstanding datapoints in our OEG shares outstanding history coverage, used to compute OEG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OEG market cap history over the course of time is important for investors
interested in comparing OEG'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 OEG versus a peer is one thing; comparing
OEG 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 OEG can fluctuate over the course of history.
With this page we aim to empower investors researching OEG by allowing them to research the OEG market cap history. |
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Video: The Importance of Market Cap
