US Well Services is focused on electric powered pressure pumping services for oil and natural gas exploration and production companies. Hydraulic fracturing services are performed to improve the production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons. Co.'s fleets consist mostly of all-electric, mobile pressure pumping equipment and other auxiliary heavy equipment to perform pressure pumping services. Co.'s Clean Fleet® electric fleets replace the conventional engines, transmissions, and radiators used in conventional diesel fleets with electric motors powered by electricity generated by natural gas-fueled turbine generators. We show 15 historical shares outstanding datapoints in our USWS shares outstanding history coverage, used to compute USWS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing USWS market cap history over the course of time is important for investors
interested in comparing USWS'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 USWS versus a peer is one thing; comparing
USWS 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 USWS can fluctuate over the course of history.
With this page we aim to empower investors researching USWS by allowing them to research the USWS market cap history. |
Free USWS Email Alerts:
Video: The Importance of Market Cap
