CNX Midstream Partners is engaged in the ownership, operation, development and acquisition of midstream energy infrastructure in the Appalachian Basin. Co. provides midstream services to its customers' production in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia .Co.'s assets include natural gas gathering pipelines and compression and dehydration facilities, as well as condensate gathering, collection, separation and stabilization facilities. Co.'s midstream operations consist of two operating segments: Anchor Systems, which includes its midstream systems; and Additional Systems, which includes several gathering systems primarily located in Co.'s dedicated acreage. We show 13 historical shares outstanding datapoints in our coverage of CNXM's shares outstanding history.
Understanding the changing numbers of CNXM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CNXM 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 CNXM by allowing them to research CNXM shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
