Westmoreland Resource Partners is a producer and marketer of thermal coal to electric utilities with coal-fired power plants. Co. also markets to industrial users, and is the producer of surface mined coal in Ohio. Co.'s reserves and operations serve its primary market areas of the Midwest, Northeast and Rocky Mountain regions of the U.S. Co.'s operations are located in Ohio and Wyoming. We show 15 historical shares outstanding datapoints in our WMLP shares outstanding history coverage, used to compute WMLP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WMLP market cap history over the course of time is important for investors
interested in comparing WMLP'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 WMLP versus a peer is one thing; comparing
WMLP 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 WMLP can fluctuate over the course of history.
With this page we aim to empower investors researching WMLP by allowing them to research the WMLP market cap history. |
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Video: The Importance of Market Cap
