Lundin Ab Spon Adr Each Market cap
What is the Market cap of Lundin Ab Spon Adr Each?
The Market cap of Lundin Energy Ab Spon Adr Each is $12.24B
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Energy sector on OTC compared to Lundin Ab Spon Adr Each
What does Lundin Ab Spon Adr Each do?
Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2020, it had proved plus probable net reserves of 671 million barrels of oil equivalent (MMboe); and proved plus probable plus possible net reserves of 826 MMboe. The company was formerly known as Lundin Petroleum AB (publ) and changed its name to Lundin Energy AB (publ) in March 2020. Lundin Energy AB (publ) was incorporated in 2001 and is headquartered in Stockholm, Sweden.
Companies with market cap similar to Lundin Ab Spon Adr Each
- Discovery Inc has Market cap of $12.15B
- Rentokil Initial Plc has Market cap of $12.16B
- Tiffany & Co has Market cap of $12.16B
- Molson Coors Brewing has Market cap of $12.18B
- Essential Utilities Inc has Market cap of $12.19B
- Tenaga Nasional Bhd has Market cap of $12.20B
- Lundin Ab Spon Adr Each has Market cap of $12.24B
- Carrefour SA has Market cap of $12.25B
- Shandong Gold Mining Co has Market cap of $12.25B
- Juniper Networks has Market cap of $12.26B
- Godaddy Inc has Market cap of $12.27B
- Bank Hapoalim BM has Market cap of $12.28B
- Molson Coors Canada has Market cap of $12.29B