Valero Energy Partners owns, operates, develops and acquires crude oil and refined petroleum products pipelines, terminals, and other logistics assets. Co.'s assets include crude oil and refined petroleum products pipeline and terminal systems in the U.S. Gulf Coast and U.S. Mid-Continent regions. Co. provides fee-based transportation and terminaling services. We show 3 historical shares outstanding datapoints in our VLP shares outstanding history coverage, used to compute VLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VLP market cap history over the course of time is important for investors
interested in comparing VLP'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 VLP versus a peer is one thing; comparing
VLP 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 VLP can fluctuate over the course of history.
With this page we aim to empower investors researching VLP by allowing them to research the VLP market cap history. |
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Video: The Importance of Market Cap
