CVR Partners owns, operates and grows its nitrogen fertilizer business. Co. produces and distributes nitrogen fertilizer products, which are used by farmers to improve the yield and quality of their crops. Co.'s primary products are ammonia and urea ammonium nitrate (UAN), an aqueous solution of urea and ammonium nitrate used as a fertilizer. Co.'s products are sold on a wholesale basis. Co. produces nitrogen fertilizer products at its manufacturing facilities, which are located in Coffeyville, KS and East Dubuque, IL. Co. primarily markets UAN products to agricultural customers and ammonia products to agricultural and industrial customers. We show 41 historical shares outstanding datapoints in our UAN shares outstanding history coverage, used to compute UAN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UAN market cap history over the course of time is important for investors
interested in comparing UAN'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 UAN versus a peer is one thing; comparing
UAN 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 UAN can fluctuate over the course of history.
With this page we aim to empower investors researching UAN by allowing them to research the UAN market cap history. |
Video: The Importance of Market Cap
