TransMontaigne Partners is a terminaling and transportation company with operations in the U.S. along the Gulf Coast, in the Midwest, in Houston and Brownsville, TX, along the Mississippi and Ohio Rivers, and in the Southeast and on the West Coast. Co. provides integrated terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of light refined petroleum products, heavy refined petroleum products, crude oil, chemicals, fertilizers and other liquid products. Light refined products include gasolines, diesel fuels, heating oil and jet fuels. Heavy refined products include residual fuel oils and asphalt. We show 36 historical shares outstanding datapoints in our TLP shares outstanding history coverage, used to compute TLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TLP market cap history over the course of time is important for investors
interested in comparing TLP'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 TLP versus a peer is one thing; comparing
TLP 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 TLP can fluctuate over the course of history.
With this page we aim to empower investors researching TLP by allowing them to research the TLP market cap history. |
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Video: The Importance of Market Cap
