Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Western Refining's share price for the quarter that ended in Mar. 2017 was $35.07. Western Refining's Shares Outstanding (EOP) for the quarter that ended in Mar. 2017 was 109 Mil. Therefore, Western Refining's market cap for the quarter that ended in Mar. 2017 was $3,816 Mil.
Western Refining's quarterly market cap
increased
from Sep. 2016 ($2,869 Mil) to Dec. 2016 ($4,121 Mil) but then
declined
from Dec. 2016 ($4,121 Mil) to Mar. 2017 ($3,816 Mil).
Western Refining's annual market cap
declined
from Dec. 2014 ($3,634 Mil) to Dec. 2015 ($3,337 Mil) but then
increased
from Dec. 2015 ($3,337 Mil) to Dec. 2016 ($4,121 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Western Refining's Enterprise Value for Today is $3,937 Mil.
Western Refining Market Cap Historical Data
The historical data trend for Western Refining's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Western Refining's Market Cap
For the Oil & Gas Refining & Marketing subindustry, Western Refining's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Refining's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Refining's Market Cap distribution charts can be found below:
* The bar in red indicates where Western Refining's Market Cap falls into.
Western Refining Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Western Refining's Market Cap for the fiscal year that ended in Dec. 2016 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Refining (NYSE:WNR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Western Refining Market Cap Related Terms
Thank you for viewing the detailed overview of Western Refining's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Western Refining (Western Refining) Business Description
Western Refining is an independent oil refiner with total crude oil throughput capacity of 240,500 barrels per day. It owns and operates three refineries in Texas, New Mexico, and Minnesota. The company also operates more than 300 retail service stations throughout the Southwest and Midwest as well as a wholesale petroleum product distributor. It holds a 65% limited partner interest in Western Refining Logistics. It is slated to be acquired by Tesoro in the first half of 2017.
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