Genesis Energy is a holding company. Through its subsidiaries, Co. is focused on the midstream segment of the crude oil and natural gas industry in the Gulf of Mexico and the Gulf Coast region of the U.S. Co. provides an integrated suite of services to refiners, crude oil and natural gas producers, and industrial and commercial enterprises and has a portfolio of assets, including pipelines, offshore hub and junction platforms, refinery-related plants, storage tanks and terminals, railcars, rail unloading facilities, and trucks. Co.'s segments are: offshore pipeline transportation, sodium minerals and sulfur services, onshore facilities and transportation and marine transportation. We show 55 historical shares outstanding datapoints in our coverage of GEL's shares outstanding history.
Understanding the changing numbers of GEL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GEL 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 GEL by allowing them to research GEL shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
