Western Midstream Partners owns partnership interests in Western Gas Partners, LP (WES), which is engaged in the business of gathering, compressing, treating, processing and transporting natural gas; gathering, stabilizing and transporting condensate, natural gas liquids (NGLs) and crude oil; and gathering and disposing of produced water. In addition, in its capacity as a processor of natural gas, WES also buys and sells natural gas, NGLs and condensate on behalf of itself and as agent for its customers under certain of its contracts. WES provides these midstream services for Anadarko Petroleum Corporation and its subsidiaries, as well as for third-party producers and customers. We show 24 historical shares outstanding datapoints in our coverage of WGP's shares outstanding history.
Understanding the changing numbers of WGP shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like WGP 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 WGP by allowing them to research WGP shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
