GeoMet, Inc. is an energy company primarily engaged in the exploration for and development and production of natural gas from coal seams and non-conventional shallow gas. Co.'s principal operations and producing properties are located in the Cahaba Basin in Alabama and the central Appalachian Basin in West Virginia and Virginia. Co. also controls additional coalbed methane and oil and gas development rights, principally in Alabama, British Columbia, Virginia, and West Virginia. As of Dec. 31, 2009, Co. had proved natural gas reserves of 209.00 billion cubic feet. We show 13 historical shares outstanding datapoints in our coverage of GMET's shares outstanding history.
Understanding the changing numbers of GMET shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GMET 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 GMET by allowing them to research GMET shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
