Cushing Energy Income Fund is a non-diversified, closed-end investment company. The Fund's investment objective is to seek a high total return with an emphasis on current income. The Fund, under normal market conditions, invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of energy companies involved in exploring, developing, producing, transporting, gathering and processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids (including propane), crude oil, refined products or coal. We show 1 historical shares outstanding datapoints in our SRF shares outstanding history coverage, used to compute SRF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SRF market cap history over the course of time is important for investors
interested in comparing SRF'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 SRF versus a peer is one thing; comparing
SRF 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 SRF can fluctuate over the course of history.
With this page we aim to empower investors researching SRF by allowing them to research the SRF market cap history. |
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Video: The Importance of Market Cap
