ProFrac Holding is an energy services company providing hydraulic fracturing, completion services and other complementary products and services. Co.'s operations are primarily focused on the Appalachian, East Texas/Louisiana and Permian Basins. Co.'s segments include: stimulation services, which own and operate a fleet of mobile hydraulic fracturing units and other auxiliary equipment; manufacturing, which sells products such as high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends; and proppant production, which provides proppant to oilfield service providers and exploration and production companies. We show 3 historical shares outstanding datapoints in our coverage of ACDC's shares outstanding history.
Understanding the changing numbers of ACDC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ACDC versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ACDC by allowing them to research ACDC shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
