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 Video: What is a Stock Split?
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| Anadarko Petroleum is an independent exploration and production company. Co. also participates in the hard-minerals business through royalty arrangements. Co.'s reporting segments are as follows: Exploration and Production, which is engaged in the exploration, development, production, and sale of oil, natural gas, and natural-gas liquids (NGLs) and in advancing its Mozambique liquefied natural gas project toward final investment decision; and WES Midstream and Other Midstream, in which these two segments engage in gathering, processing, treating, and transporting Co. and third-party oil, natural-gas, and NGL production as well as gathering and disposal of produced water. According to our APC split history records, APC has had 2 splits. | |
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APC (APC) has 2 splits in our APC split history database. The first split for APC took place on July 02, 1998. This was a 2 for 1
split, meaning for each share of APC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. APC's second split took place on May 30, 2006. This was a 2 for 1 split, meaning for each share of APC owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split.
When a company such as APC splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the APC split history from start to finish, an original position size of 1000 shares would have turned into 4000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into APC shares, starting with a $10,000 purchase of APC, presented on a split-history-adjusted basis factoring in the complete APC split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
08/08/2019 |
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| Start price/share: |
$78.41 |
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| End price/share: |
$72.77 |
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| Starting shares: |
127.53 |
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| Ending shares: |
134.32 |
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| Dividends reinvested/share: |
$3.13 |
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| Total return: |
-2.25% |
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| Average Annual Total Return: |
-0.49% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,773.55 |
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| Years: |
4.66 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
12/09/2014 |
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| End date: |
08/08/2019 |
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| Start price/share: |
$78.41 |
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| End price/share: |
$72.77 |
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| Dividends collected/share: |
$3.13 |
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| Total return: |
-3.20% |
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| Average Annual Total Return: |
-0.70% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$9,677.75 |
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| Years: |
4.66 |
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| Date |
Ratio |
| 07/02/1998 | 2 for 1
| | 05/30/2006 | 2 for 1 |
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