Cloud Peak Energy is a holding company. Through its subsidiaries, Co. is a producer of coal in the U.S. and the Powder River Basin. Co. owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Co.'s Antelope Mine and Cordero Rojo Mine are located in Wyoming and its Spring Creek Mine is located in Montana. Co.'s mines produce subbituminous thermal coal with low sulfur content, and Co. sells its coal primarily to domestic and foreign electric utilities. Co. has two development projects, the Youngs Creek project and the Big Metal project. As of Dec 31 2017, Co. controlled approximately 1,023,900,000 tons of proven and probable reserves. We show 37 historical shares outstanding datapoints in our coverage of CLD's shares outstanding history.
Understanding the changing numbers of CLD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CLD 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 CLD by allowing them to research CLD shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
