Superior Energy Services provide services and products to the energy industry. Co. provides a variety of oilfield services and equipment, which consist of: drilling products and services that includes downhole drilling tools and surface rentals; surface rentals, which include rentals of temporary onshore and offshore accommodation modules and accessories; onshore completion and workover services, which includes fluid management and workover services; production services including intervention services; and technical solutions, which includes products and services that generally address customer-specific needs with their applications. We show 43 historical shares outstanding datapoints in our SPN shares outstanding history coverage, used to compute SPN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPN market cap history over the course of time is important for investors
interested in comparing SPN'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 SPN versus a peer is one thing; comparing
SPN 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 SPN can fluctuate over the course of history.
With this page we aim to empower investors researching SPN by allowing them to research the SPN market cap history. |
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Video: The Importance of Market Cap
