| Sprague Resources is a wholesale distributor of refined products. Co.'s segments include: refined products, in which Co. purchases a variety of refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel and gasoline, and sells them to its customers; natural gas, in which Co. purchases natural gas from natural gas producers and trading companies and sells and distributes natural gas to commercial and industrial customers; materials handling, in which Co. offloads, stores and/or prepares for delivery a variety of customer-owned products; and other operations, which include the marketing and distribution of coal and commercial trucking activities. We show 36 historical shares outstanding datapoints in our SRLP shares outstanding history coverage, used to compute SRLP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SRLP market cap history over the course of time is important for investors
interested in comparing SRLP'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 SRLP versus a peer is one thing; comparing
SRLP 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 SRLP can fluctuate over the course of history.
With this page we aim to empower investors researching SRLP by allowing them to research the SRLP market cap history.