| Suburban Propane Partners is engaged in the distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. In support of its primary marketing and distribution operations, Co. installs and services a variety of home comfort equipment, particularly in the areas of heating and ventilation. Co. conducts its business principally through Suburban Propane, L.P., which operates its propane business and assets, and its direct and indirect subsidiaries. Co.'s reportable segments are: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity. We show 23 historical shares outstanding datapoints in our SPH shares outstanding history coverage, used to compute SPH market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPH market cap history over the course of time is important for investors
interested in comparing SPH'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 SPH versus a peer is one thing; comparing
SPH 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 SPH can fluctuate over the course of history.
With this page we aim to empower investors researching SPH by allowing them to research the SPH market cap history.