WildHorse Resource Development is engaged in the acquisition, exploitation, development and production of oil, natural gas and natural gas liquid (NGL) resources. Co.'s assets are characterized by concentrated acreage positions in East Texas and North Louisiana. In East Texas, Co. primarily operates in Burleson, Lee and Washington Counties where it mainly targets the Eagle Ford Shale. In North Louisiana, Co. operates in and around the Terryville Complex, where it mainly targets the overpressured Cotton Valley play. At Dec 31 2017, Co. had 454,315,000 barrels of oil equivalent of estimated proved reserves. As of this date, Co.'s proved reserves were 75.0% oil and NGLs and 25.0% natural gas. We show 9 historical shares outstanding datapoints in our WRD shares outstanding history coverage, used to compute WRD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WRD market cap history over the course of time is important for investors
interested in comparing WRD'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 WRD versus a peer is one thing; comparing
WRD 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 WRD can fluctuate over the course of history.
With this page we aim to empower investors researching WRD by allowing them to research the WRD market cap history. |
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Video: The Importance of Market Cap
