Empire Diversified Energy's quarterly market cap
increased
from Dec. 2021 ($54.60 Mil) to Sep. 2022 ($98.41 Mil) but then
declined
from Sep. 2022 ($98.41 Mil) to Sep. 2023 ($79.18 Mil).
Empire Diversified Energy's annual market cap
increased
from Dec. 2019 ($54.76 Mil) to Dec. 2020 ($109.59 Mil) but then
declined
from Dec. 2020 ($109.59 Mil) to Dec. 2021 ($54.60 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. Empire Diversified Energy's Enterprise Value for Today is $178.18 Mil.
Empire Diversified Energy Market Cap Historical Data
* 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 Empire Diversified Energy's Market Cap
For the Oil & Gas Midstream subindustry, Empire Diversified Energy'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.
Empire Diversified Energy's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Empire Diversified Energy's Market Cap distribution charts can be found below:
* The bar in red indicates where Empire Diversified Energy's Market Cap falls into.
Empire Diversified Energy 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.
* 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.
Empire Diversified Energy (OTCPK:MPIR) 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.
Empire Diversified Energy Market Cap Related Terms
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Empire Diversified Energy (Empire Diversified Energy) Business Description
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products and solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water).
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