Energy Transfer Equity is a holding company. Co.'s segments are: Investment in Energy Transfer Partners, L.P., which includes intrastate transportation and storage operations, interstate transportation and storage operations, midstream operations, crude oil transportation and services operations, investment in Sunoco Logistics Partners L.P., and retail marketing operations; Investment in Sunoco LP, which includes wholesale and retail operations; and Investment in Lake Charles liquefied natural gas (LNG), which provides terminal services for shippers by receiving LNG at the facility for storage and delivering such LNG to shippers, either in liquid state or gaseous state after regasification. We show 37 historical shares outstanding datapoints in our coverage of ETE's shares outstanding history.
Understanding the changing numbers of ETE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ETE 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 ETE by allowing them to research ETE shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
