Andeavor is an independent petroleum refining and marketing company. Co. has three segments: Marketing, which sells gasoline and diesel fuel in the western and mid-continent U.S. through Retail, Branded, and Unbranded channels along with convenience store products; Refining, which buys and refines crude oil and other feedstocks into transportation fuels; and Logistics, which transports, stores and distributes crude oil, feedstocks and refined products through its terminals and pipelines or terminals and pipelines owned by Andeavor Logistics LP and third-parties in its market areas as well as through purchases and exchange arrangements with other refining and marketing companies. We show 35 historical shares outstanding datapoints in our coverage of ANDV's shares outstanding history.
Understanding the changing numbers of ANDV shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ANDV 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 ANDV by allowing them to research ANDV shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
