Sabine Royalty Trust is an express trust formed to receive a distribution from Sabine Corporation of royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and any other similar, nonparticipatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas. Simmons Bank acts as trustee of Co. We show 34 historical shares outstanding datapoints in our SBR shares outstanding history coverage, used to compute SBR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SBR market cap history over the course of time is important for investors
interested in comparing SBR'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 SBR versus a peer is one thing; comparing
SBR 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 SBR can fluctuate over the course of history.
With this page we aim to empower investors researching SBR by allowing them to research the SBR market cap history. |
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Video: The Importance of Market Cap
