Sprague Resources is a wholesale distributor of refined products. Co.'s segments include: refined products, in which Co. purchases a variety of refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel and gasoline, and sells them to its customers; natural gas, in which Co. purchases natural gas from natural gas producers and trading companies and sells and distributes natural gas to commercial and industrial customers; materials handling, in which Co. offloads, stores and/or prepares for delivery a variety of customer-owned products; and other operations, which include the marketing and distribution of coal and commercial trucking activities. We show 36 historical shares outstanding datapoints in our coverage of SRLP's shares outstanding history.
Understanding the changing numbers of SRLP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SRLP 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 SRLP by allowing them to research SRLP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
