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 Video: What is a Stock Split?
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| Atlas Energy Group, through its interest in Atlas Resource Partners, L.P. (ARP), is a developer and producer of natural gas, crude oil and natural gas liquids. Co.'s assets include: a partnership that conducts natural gas and oil operations in the mid-continent region of the U.S; an interest in Lightfoot Capital Partners, L.P. and Lightfoot Capital Partners GP, LLC, its general partner, which incubate new MLPs and invest in existing MLPs; and direct natural gas development and production assets in the Arkoma Basin. As of Dec 31 2014, ARP's estimated proved reserves were 1,429.00 billion cubic feet equivalent, of which about 77.0% were proved developed and about 71.0% were natural gas. According to our ATLS split history records, ATLS has had 3 splits. | |
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ATLS (ATLS) has 3 splits in our ATLS split history database. The first split for ATLS took place on March 13, 2006. This was a 3 for 2 split, meaning for each 2 shares of ATLS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. ATLS's second split took place on May 29, 2007. This was a 3 for 2 split, meaning for each 2 shares of ATLS owned pre-split, the shareholder now owned 3 shares. For example, a 1500 share position pre-split, became a 2250 share position following the split. ATLS's third split took place on June 02, 2008. This was a 3 for 2 split, meaning for each 2 shares of ATLS owned pre-split, the shareholder now owned 3 shares. For example, a 2250 share position pre-split, became a 3375 share position following the split.
When a company such as ATLS 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 ATLS split history from start to finish, an original position size of 1000 shares would have turned into 3375 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ATLS shares, starting with a $10,000 purchase of ATLS, presented on a split-history-adjusted basis factoring in the complete ATLS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/03/2016 |
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| End date: |
04/27/2021 |
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| Start price/share: |
$0.57 |
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| End price/share: |
$0.01 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-98.43% |
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| Average Annual Total Return: |
-57.18% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$156.52 |
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| Years: |
4.90 |
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| Date |
Ratio |
| 03/13/2006 | 3 for 2 | | 05/29/2007 | 3 for 2 | | 06/02/2008 | 3 for 2 |
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