Archrock is engaged in the natural gas contract operations services business and is a provider of natural gas compression services to customers in the oil and natural gas industry and a supplier of aftermarket services to customers that own compression equipment. Co. has two primary business segments: Contract Operations, which provides contract operations services, including the personnel, equipment, tools, materials and supplies to meet its customers' natural gas compression needs; and Aftermarket Services, which sells parts and components and provides operation, maintenance, overhaul and reconfiguration services to customers who own compression and oilfield power generation equipment. We show 36 historical shares outstanding datapoints in our coverage of AROC's shares outstanding history.
Understanding the changing numbers of AROC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like AROC 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 AROC by allowing them to research AROC shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
