United States Gasoline Fund is a commodity pool that issues limited partnership interests traded on the NYSE Arca, Inc. The net assets of Co. consist primarily of investments in futures contracts for gasoline, other types of gasoline, crude oil, diesel-heating oil, natural gas and other petroleum-based fuels that are traded on the New York Mercantile Exchange, ICE Futures or other United State and foreign exchanges (collectively, Futures Contracts) and, to a lesser extent, other gasoline-related investments such as cash-settled options on Futures Contracts, forward contracts for gasoline, cleared swap contracts and non-exchange traded over-the-counter transactions. We show 12 historical shares outstanding datapoints in our UGA shares outstanding history coverage, used to compute UGA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UGA market cap history over the course of time is important for investors
interested in comparing UGA'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 UGA versus a peer is one thing; comparing
UGA 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 UGA can fluctuate over the course of history.
With this page we aim to empower investors researching UGA by allowing them to research the UGA market cap history. |
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Video: The Importance of Market Cap
