| Pattern Energy Group is a renewable energy company. Co.'s business consists of an operating business segment which is comprised of a portfolio of renewable energy power projects located in several markets and ownership interests in an upstream development platform aligned with Co.'s operating business which provides Co. access to a pipeline of projects. Through its operating business segment, Co. holds ownership interests in renewable energy projects which are located in the U.S., Canada and Japan. Co. owns interest in Pattern Energy Group 2 LP and its subsidiaries, which engages in the development of projects around the world primarily in the U.S., Canada, Mexico and Japan. We show 27 historical shares outstanding datapoints in our PEGI shares outstanding history coverage, used to compute PEGI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PEGI market cap history over the course of time is important for investors
interested in comparing PEGI'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 PEGI versus a peer is one thing; comparing
PEGI 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 PEGI can fluctuate over the course of history.
With this page we aim to empower investors researching PEGI by allowing them to research the PEGI market cap history.